California Lake County Civic Plus #272070

Affordable Single-Family Home Construction for Lake County Homeownership Opportunity Program

Lake County Regional Housing Trust Fund is seeking proposals from qualified housing developers for the construction of affordable single-family homes under the Homeownership Opportunity Program. - Government Buyer: - Lake County Regional Housing Trust Fund (representing County of Lake, City of Lakeport, City of Clearlake, CA) - Products/Services Requested: - Construction of affordable single-family home units - Up to $1,250,000 in total funding available - Maximum subsidy of $125,000 per unit - Projects must serve residents earning up to 80% of Area Median Income (AMI) - 30-year affordability covenants required, including resale restrictions and shared equity formulas - Unique/Notable Requirements: - Construction must begin by a specified deadline and be completed within six months - 30-year deed restrictions on affordability - Only qualified housing developers may apply - Written inquiries only; proposers must register online to receive addenda - No specific OEMs or commercial vendors are named, as this is a construction and development services solicitation.

Description

The Lake County Regional Housing Trust Fund is inviting proposals from qualified firms for the construction of affordable housing projects to expand options for single-family home units through the Homeownership Opportunity Program in Lake County. The program offers up to $1,250,000 in funds, contingent upon successful application for additional funds. The solicitation includes a pre-bid meeting scheduled for July 16, 2026, and a submission deadline of July 24, 2026. This opportunity aims to quickly expand affordable single-family housing options in Lake County.

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