City of Houston BeaconBid #2025CDBGMultifamilyRehabNOFA

Houston CDBG Multifamily Housing Rehabilitation Funding Opportunity for Developers

The City of Houston Housing and Community Development Department is inviting developers to apply for funding under the 2025 Community Development Block Grant (CDBG) Multifamily Rehabilitation Program. - Government Buyer: - City of Houston Housing and Community Development Department (HCD) - Program Purpose: - Finance the rehabilitation or acquisition and rehabilitation of existing multifamily properties - Revitalize affordable housing for low-to-moderate income residents in Houston - Applicant Requirements: - Demonstrated capacity to rehabilitate and operate multifamily housing - Evidence of site control and successful development history - Environmental assessments and green building certification plans - Inclusion of a generator for critical building functions - Submission of a comprehensive application workbook, organizational documents, and financial statements - Funding Details: - Funding requests must be between $1.5 million and $6 million - Application fee of $1,500 required - No specific OEMs or vendors are named, as this is a funding opportunity for developers, not a procurement of goods or specific services

Description

The City of Houston Housing and Community Development Department (HCD) is seeking applications from developers of multifamily housing to finance the rehabilitation or acquisition and rehabilitation of existing multifamily properties. The program aims to revitalize affordable multifamily housing in Houston, targeting low-to-moderate income individuals. Applicants must demonstrate capacity to rehabilitate and operate such housing and provide various documentation including site control, development history, and environmental assessments. Funding requests range from $1.5 million to $6 million, and an application fee of $1,500 is required.

View original listing