Active SLED Opportunity · CALIFORNIA · CITY OF FRESNO
AI Summary
City of Fresno seeks developers for new multifamily affordable rental housing projects with funding of $3.9M available through Local Housing Trust Fund. Applications due May 25, 2026.
The City of Fresno (City) is soliciting applications from housing development organizations (Developer) for the new construction of multifamily affordable rental housing restricted to households with average incomes of up to 80% Area Median Income (AMI).The selected Developer(s) 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 $3,934,505 in funding through the City of Fresno’s Local Housing Trust Fund. 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. 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. Upon selection of a proposed project(s), the City and developer will enter into a funding agreement(s) 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 StreetRoom 3065Fresno, California93721 County: Fresno Other Details: Applications will be accepted electronically by submitting one cover letter, one application, andsupporting documents per project to Mayra Merino at Mayra.Merino@fresno.gov. In order tobe eligible for funding, applications must be received by, or before, 1:00 p.m. on May 25,2026. Please include “2026 LHTF New Construction Multifamily HousingDevelopment NOFA” in the subject line along with the project name. If the file istoo large, send a request to mayra.merino@fresno.gov for a link to the City’s filesharing protocol. An e-mail confirming receipt of application submission will be sent withinone business day. If you do not receive a confirmation, please contactmayra.merino@fresno.gov via email or phone at 559-621-8133. Applications submittedafter this deadline will not be considered. If you have any questions, please contactMayra Merino, Senior Management Analyst, at (559) 621-8133, or by email atMayra.Merino@fresno.gov.City of FresnoHousing Finance DivisionAttention: Mayra Merino, Senior Management Analyst2600 Fresno Street, Room 3065Fresno, CA 93721The City of Fresno reserves the right to reject any and all applications. 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.
SamSearch Platform
AI-powered intelligence for the right opportunities, the right leads, and the right time.