Utah Public Procurement Place U3P #RFP #26-006 and RFP #26-010

Salt Lake City Housing Authority Seeks Financial Partners for Affordable Housing Projects

This opportunity involves the Housing Authority of Salt Lake City seeking financial partners for two affordable housing projects in downtown Salt Lake City, Utah. - Government Buyer: - Housing Authority of Salt Lake City - Projects: - Northwest Pipeline Building: approximately 63 affordable housing units - The Lupine: approximately 133 affordable housing units - Both projects are part of The Grove development, totaling about 196 affordable units, with parking, commercial space, green space, and community amenities - Products/Services Requested: - Tax credit equity investment services for affordable housing development - Debt lending services for affordable housing development - Requirements: - Firms may respond to one or both RFPs, but must submit separate, clearly identified responses for each - No specific OEMs or vendors are named; focus is on financial services for development finance, banking, and investment - Notable Details: - The solicitation is for financial services only, not for construction or equipment procurement - The projects are designed to increase affordable housing in downtown Salt Lake City

Description

This solicitation seeks tax credit equity investors and debt lenders for two separate but related projects: the Northwest Pipeline Building and The Lupine, both part of The Grove development in downtown Salt Lake City, Utah. The Northwest Pipeline Building will include approximately 63 affordable housing units, while The Lupine will include approximately 133 affordable housing units. The overall development aims to provide about 196 affordable housing units along with parking stalls, commercial space, green space, and community amenities. Firms may respond to one or both RFPs, but responses should be clearly identified and submitted separately.

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