The City of Crescent City is issuing an RFP to solicit proposals from qualified affordable‑housing developers and nonprofit organizations to deploy Permanent Local Housing Allocation (PLHA) funds toward new or rehabilitated rental housing for households earning up to 60 % of Area Median Income. Applicants must submit a detailed project narrative, financial plan, unit‑mix, and compliance documentation, and the award will be a zero‑interest, ten‑year deferred loan (potentially forgivable) with a total maximum funding pool of $331,343 (plus a possible $129,495 supplemental amount). The evaluation is points‑based, rewarding projects that deliver the most affordable units, demonstrate strong experience, and meet deep‑targeting goals. Proposals are due May 26, 2023; interviews may be held in early June; the contract is expected to be presented to City Council by June 19, 2023, with work required to start within 60 days of contract execution.
• Eligible activities include land acquisition, design, permitting, construction, financing costs, and soft‑costs.
• Funding is provided as a loan, not a grant, and must be expended by April 30 of each allocation year.
• The City will award based on a 105‑point scoring rubric (understanding, experience, number of affordable units, budget/financing plan, and a deep‑targeting bonus).