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  5. ›BID#2025-037 Affordable Housing Development RFQ 145 Eastman Ln

City of Auburn, Maine·Maine

BID#2025-037 Affordable Housing Development RFQ 145 Eastman Ln

Closes 10/17/2025$1M – $4MRequest for Qualification
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Description

The City of Auburn is seeking a qualified development partner to create affordable housing on a ~16.9‑acre parcel at 145 Eastman Lane. The RFQ calls for concepts that meet rural residential zoning constraints (minimum 1‑acre lots, 250 ft frontage, max 1 unit/acre), incorporate a mix of owner‑occupied and up‑to‑20 % market‑rate units, and include accessory dwelling units where feasible. Proposers must outline financing strategies (e.g., discounted land sale, TIF credits, LIHTC/HOME funding), long‑term affordability plans, and expected City contributions. • Minimum lot size 1 acre, 250 ft frontage; density limited to 1 dwelling per acre. • Up to 20 % of units may be market‑rate; primary focus on first‑time‑homebuyer ownership. • ADUs permitted on the same lot, sharing well/septic systems; no extra acreage required. • No guaranteed funding – developers must propose financing mechanisms and may receive land‑sale discounts or credit‑enhancement assistance. • Evaluation weighted heavily toward concept feasibility (40 pts) and affordable‑housing experience (30 pts).

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jenna‑Rae Brown

[email protected]

Key dates

Opened
8/29/2025
Questions due
9/23/2025
Pre-bid meeting
9/16/2025
Site visit
9/16/2025
Closes
10/17/2025

Last updated

Details

Type
Request for Qualification
Industry
Property Development
NAICS
531210
Solicitation №
2025-037

Budget estimate

$1,000,000 – $4,000,000

No direct contract price is disclosed; the City will likely sell the land at a discounted rate and may provide TIF or credit‑enhancement assistance. The developer’s revenue would stem from the eventual sale or rental of the completed units, with profit margins typical for affordable‑housing projects (approximately 10‑20 % of total development cost). Assuming a modest development cost of $15 million for a small community (≈15 units), the developer could earn $1.5 million to $3 million in profit. Therefore, a plausible budget range for the developer’s services and profit is roughly $1 million to $4 million.

AI estimate from the solicitation

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