# North Carolina eVP #274-HCD-FY27-7

Moore Square East Affordable Housing Redevelopment

**Posted:** September 28, 2026
**Respond By:** November 12, 2026
**Identifier:** 274-HCD-FY27-7
**NAICS:** 236116, 236118, 541320, 531390, 531311

The City of Raleigh is seeking qualified development teams to redevelop the city-owned Moore Square East site into affordable housing.
- **Buyer:** City of Raleigh, Housing and Community Development Department; Raleigh, Wake County, North Carolina.
- **Opportunity:** Qualifications for redevelopment of a 2.88-acre city-owned site east of Moore Square. The City will retain ownership through a long-term ground lease.
- **Required development:** At least 100 affordable housing units; complementary uses are encouraged. Proposals must use 4% Low-Income Housing Tax Credits (LIHTC).
- **Funding:** The City expects to provide $4 million to $8 million in gap financing. Applicants are also expected to seek financing from Wake County.
- **Developer qualifications:** Applicants must have completed a LIHTC project in Raleigh since the stated eligibility cutoff and accept the City's ground lease and gap-financing terms. Property management must be provided by a firm approved by the North Carolina Housing Finance Agency (NCHFA).
- **Design and site requirements:** Work within existing zoning, maximize housing yield, provide required parking on site, and incorporate sustainability, stormwater management, walkability, and transit access. Deep affordability and potential supportive housing are also noted.
- **Financing terms:** City gap financing may run for 20 to 40 years, with interest rates of 0% to 2%.
- **OEMs and vendors:** No product manufacturers, OEMs, or specific vendors are named.

### Description

This solicitation is for construction services related to the redevelopment of Moore Square East in Raleigh, North Carolina. The project involves the development of affordable housing with a minimum of 100 units, including provisions for City of Raleigh referrals and potential units for people with disabilities or experiencing homelessness. The City of Raleigh is offering gap financing between $4 million and $8 million to support the project, which must comply with existing zoning and sustainability guidelines. Proposals must be submitted by November 12, 2026, and electronic bids are not permitted.

[View original listing](https://evp.nc.gov/solicitations//details/?id=c05c321b-3cbb-f111-aaae-001dd80db495)