SLED Opportunity · TEXAS · BRAZOS VALLEY
AI Summary
The City of College Station seeks proposals for affordable housing development funded by HUD's HOME Program. Projects must comply with federal regulations and demonstrate site control. Selection is based on qualifications, project alignment, and financial contribution.
The City of College Station is soliciting proposal(s) for the development of affordable housing by interested and qualified entities via funding through the HOME Investment Partnerships Grant (HOME) Program through the U.S. Department of Housing and Urban Development (HUD). HOME funding may be used to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income people. If your project’s proposal is approved for funding, and the contract exceeds $200,000 in HOME funding, the project will be required to comply with federal Section 3 regulations. Additionally, if your project includes the construction, alteration, maintenance, or repair of buildings or real property consisting of five (5) or more residential units, and should the total project cost exceed $250,000, it will become subject to the regulations outlined in the Build America Buy America Act. It is the intent of the City of College Station to select one or more agencies to accomplish objectives and/or supply services outlined in the City’s most currently approved Consolidated Plan as well as other City planning documents. The City will select a preferred organization based on an evaluation of respondents’ qualifications and experience, project adherence to goals of City’s most currently approved Consolidated Plan, project design and methodology, financial contribution, and other factors as noted subsequently in this document. Additionally, when submitting an application, the City will require that organizations present evidence that they maintain site control of any location or property pertaining to their submitted application. Projects that have not acquired site control in the form of a deed or option agreement with a seller will not be considered for funding.
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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