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City of Auburn, Maine·Maine

2026-024 Affordable Housing Development-145 Eastman Ln

Closes 5/14/2026$200k – $400kRequest for Quotation
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Description

The City of Auburn is seeking a qualified development partner to design, finance, construct, and manage an affordable‑housing project on a 16.88‑acre parcel at 145 Eastman Lane. The partner must propose a mixed‑type housing solution (single‑family, two‑family, and ADUs), meet low‑ and moderate‑income targeting, respect a 1‑dwelling‑per‑acre density limit, and outline a conceptual financing plan (including possible discounted land sale or TIF credits). The RFQ emphasizes long‑term affordability, post‑construction management for rental units, and compliance with local zoning and open‑space requirements. • Minimum site: 16.88 acres, rural residential zoning, no public water/sewer (private utilities required). • Income targets: ≤ 80 % AMFI (low‑income) and up to 120 % (rental) or 150 % (home‑ownership) AMFI. Market‑rate cap = 20 % of units. • Deliverables: executive summary, organization profile, past project experience, site concept (unit mix, financing, timeline), management plan, long‑term affordability strategy, and anticipated City participation. • Key dates: pre‑bid meeting/site visit 4/30/2026, questions due 5/5/2026, proposal deadline 5/14/2026 (2 PM).

Attached files

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

Contact

Jenna‑Rae Brown(Purchasing Analyst)

[email protected]

(207) 333-6601

Key dates

Opened
4/22/2026
Questions due
5/5/2026
Pre-bid meeting
4/30/2026
Site visit
4/30/2026
Closes
5/14/2026

Last updated

Details

Type
Request for Quotation
Industry
Property Development
NAICS
236220
Solicitation №
2026-024

Budget estimate

$200,000 – $400,000

No explicit contract value is disclosed. Based on the parcel size (≈ 17 acres) and the 1‑unit‑per‑acre density limit, the project will likely contain about 16‑18 residential units. Assuming average construction costs of $150,000‑$200,000 per unit for affordable housing (including site work, utilities, and soft costs) yields a total development cost of roughly $2.5 M‑$3.6 M. Developers typically target a 10‑15 % profit margin on such projects, suggesting a potential earnings range of $250,000‑$540,000. Factoring uncertainty around financing incentives (land discounts, TIF credits) and management fees, a conservative estimate of $200,000‑$400,000 is reasonable for the firm that wins the contract.

AI estimate from the solicitation

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