Saturday, April 29, 2006
DRAFT REQUEST FOR PROPOSALS ("RFP") FOR AFFORDABLE HOUSING DEVELOPMENT
Possible Opportunity for Sustainable Housing designed by Architecture Design/Build Studios?
Request for Proposals
Land Assemblage Redevelopment Authority(LARA)
The City of Houston is seeking comments on a draft request for proposals for turning vacant lots into affordable housing. The City is foreclosing on delinquent properties and will build housing allowing truly affordable home ownership. The first RFP will include about 175 lots suitable for 195 or more housing units. Down payment assistance shall be used to bring monthly payments down to a level where many working families now renting can instead build equity in their homes.
This neighborhood revitalization will be done with community development corporations and non-profit and for-profit builders with a track record in financing. Experienced builders will be asked to bid for particular lots and selection will be based by criteria heavily weighted toward the quality and value per construction dollar.
view links and read more HERE
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