Affordable Housing Planning and Finance/Implementation Support

The City of Tucson is seeking a vendor to provide affordable housing planning and finance/implementation support. The contract includes two groups of services: Group A, which focuses on planning, program, and project development support, and Group B, which focuses on affordable housing financial support and implementation. The vendor will be responsible for providing services such as developing comprehensive market assessments, researching and reviewing policies and programs, and assisting in the selection and negotiation of terms with equity investors, lenders, and developers. The contract has a duration of 5 years, with the option to renew. The City of Tucson is looking for a vendor with experience in affordable housing development and finance. Some key points to consider include: • The City's primary housing goal is to increase the number of affordable housing units available to low- and moderate-income families. • The City is experiencing a sizable shortfall of affordable housing, with a gap of over 17,000 units for low-income and very-low-income households. • The vendor will be required to abide by all HUD terms and conditions, as well as any other applicable laws and regulations. • The contract includes provisions for payment, termination, and dispute resolution. • The City reserves the right to terminate the contract at any time, with or without cause, upon giving 30 days' written notice.