Active SLED Opportunity · CALIFORNIA · CITY OF FRESNO
AI Summary
The City of Fresno seeks experienced developers for affordable housing projects, offering federal and state funding as gap financing. Applications due August 31, 2026.
The City of Fresno (City) is soliciting applications from experienced housing development organizations to construct new affordable housing or complete substantial rehabilitation to existing housing within the City of Fresno. The selected developer(s) (Developer) will be required to perform all aspects of development (i.e.: property acquisition, entitlement, environmental clearance, financing, and construction). As an incentive, the City is proposing to provide funding through various federal and/or state programs. Sources may include up to $2,804,486.73 in HOME Investment Partnerships (HOME) funding, up to $414,909 in Community Housing Development Organization (CHDO) funding, and up to $5,030,456 in Permanent Local Housing Allocation (up to $1,768,326 for single-family project and up to $3,262,130 for multi-family projects). Funding shall be used as gap financing for the development of affordable housing units within the project that carry a 55-year affordability covenant for multi-family housing and a 30-year affordability covenant for single-family housing. Funding will be provided as a low interest loan payable from the property’s residual receipts or as hard debt for a multi-family housing project, and interim construction financing that converts to permanent second mortgage assistance to a homebuyer for a single-family housing project. Upon selection of a proposed project(s), the City and Developer will enter into a funding agreement (Agreement) for a proposed project that is subject to City Council approval. Pre-Bid Meeting Information: No Online Q&A: No Location Information: Department: Planning & Development Address: 2600 Fresno StFresno, California93721 County: Fresno Other Details: Applications will be accepted electronically by email to: corrina.nunez@fresno.gov. Please include “2026-2027 AHD NOFA” in the subject line along with the project name. Submit only the application in PDF format via Email, Drop Box, Zip File, or One Drive. An email confirming receipt of application submittal will be sent within one business day.Applications must be received by 1:00 PM (PST) on August 31, 2026. Any application received after 1:00 PM (PST) on August 31, 2026, will not be accepted.One-on-one virtual training will be available from June 15, 2026, through June 30, 2026, from 8:00 AM to 4:00 PM, Monday through Thursday. For an appointment, contact Corrina Nunez at: corrina.nunez@fresno.gov. For technical assistance and /or questions, contact Corrina Nunez at corrina.nunez@fresno.gov.Requests for technical assistance or for questions related to the application pertaining to State requested funding may be sent via email to: housing@fresno.govDevelopers shall not contact any City official/representative during the NOFA process other than the specified contact listed above. Notes: *SEE SPECIFICATIONS FOR FULL DETAILS
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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