For-Sale Development Program
Title:  

For-Sale Development Program

Agency:  

Urban Redevelopment Authority of Pittsburgh

State:  

Pennsylvania

NAICS Code:  

236115

Industry:  

Construction

Solicitation Type:  

Request for Proposal

Solicitation ID:  

082521

Open Date:  

8/25/2021

Pre-Bid Meeting Date:  

9/14/2021

Questions Due Date:  

8/31/2031

Close Date:  

8/31/2031

Last Updated:  

7/5/2025

Description:
The Urban Redevelopment Authority of Pittsburgh (URA) is seeking proposals from non-profit developers or for-profit developers with non-profit applicants for projects involving the substantial rehabilitation or new construction of affordable for-sale housing for the For-Sale Development Program (FSDP). The program aims to provide affordable housing options, and applicants are required to submit various attachments, including an application narrative, audited financial statements, and a commitment letter from all committed sources of funding. The URA will evaluate proposals based on criteria such as the applicant's experience, financial capacity, and commitment to affordable housing. • The program is open to non-profit and for-profit developers with non-profit applicants. • Applicants must submit an application narrative, audited financial statements, and a commitment letter from all committed sources of funding. • The URA will evaluate proposals based on criteria such as the applicant's experience, financial capacity, and commitment to affordable housing. • The program aims to provide affordable housing options for low-income families and individuals. • The URA will provide guidelines and evaluation criteria for the proposal submission process.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Ben Payton

BPayton@ura.org

Budget Estimate (AI):

$500,000 – $5,000,000

The budget for this opportunity is difficult to estimate, as it depends on various factors such as the number of units developed, the cost of construction, and the selling price of the units. However, considering the program's focus on affordable housing, the budget could range from $500,000 to $5 million, assuming an average cost of $100,000 to $500,000 per unit. The actual budget will depend on the specific project proposal and the URA's evaluation of the applicant's experience, financial capacity, and commitment to affordable housing.

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