Raleigh seeking proposals for rental development to include affordable units

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North Carolina Construction News staff writer

Raleigh is seeking proposals for the development of rental housing on two city-owned lots to be made available through a long-term land lease.

To be considered, proposals must set aside at least 20 per cent of the total units within the development as affordable rental units to households earning no more than 60% of the Area Median Income (AMI).

The city is looking for proposals from non-profit and for-profit developers or sponsors of rental housing “for the development of attractive, sustainable energy-efficient rental housing to be made available via long-term land lease.”

The full RFP is available here: Downtown Rental Housing Development RFP.

Raleigh staff will host a virtual pre-proposal conference June 26 at 2 p.m. for prospective proposers. Advance registration is required to attend the webinar.

Proposals must be submitted by Aug. 25 at 4 p.m. via email to christopher.valenzuela@raleighnc.gov with the subject line “RFP No. # 274-052223DD”

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