(Washington, DC) - Robert L. Trent, Interim Director, Department of Housing and Community Development (DHCD), announces a Notice of Funding Availability (NOFA) for Neighborhood Stabilization Program funds administered by DHCD.
NOTE: These funds under this NOFA will only be available to applicants connected to the DHCD’s Property Acquisition and Disposition Division (PADD) March 28, 2011 Solicitation for Offers (Trinidad target area).
On March 28, 2011 the DHCD will release a Solicitation for Offers (SFO) for the development of the following District-owned properties.
|Street Address||Square and Lot||Neighborhood||Ward||Historic||2010 Assessed Value|
|1214 Staples St. NE||4067 0121||Trinidad||5||No||$234,460|
|1214 Montello Ave. NE||4065 0030||Trinidad||5||No||$145,960|
|1612 Montello Ave. NE||4058 0801||Trinidad||5||No||$53,970|
|1663 Montello Ave. NE||4055 0023||Trinidad||5||No||$53,970|
|1259 Holbrook Ter. NE||4057 0193||Trinidad||5||No||$164,360|
DHCD will be soliciting proposals for new construction and substantial rehabilitation of four (4) vacant lots and one (1) building for the creation of rental and/or homeownership affordable housing. The primary target population for this program is families that are low- (less than 50% of the Area Median Income) and moderate- (between 80% and 120% of Area Median Income) income families. A minimum of 25% of the NSP funds must be used to serve households within incomes at or below 50% of the Area Median Income.
The deadline for proposal submissions is Wednesday, May 4, 2011 at 4:00p.m. Eastern Daylight Savings Time at DHCD, 1800 Martin Luther King Jr. Avenue, SE, 1st Floor, Housing Resource Center. DHCD will announce the developers selected to go forward to the underwriting stage for NSP funding in June 2011. The SFO package, including all application materials along with the NSP information and all reference guidebooks, will be available in CD format and can be obtained at DHCD, Housing Resource Center, Ground Floor, 1800 Martin Luther King Jr. Avenue, S.E., Washington, D.C. 20020. This material is also available below. Please note, for fillable forms - where available - interested parties should use the CD format.
NO APPLICATIONS WILL BE ACCEPTED AFTER THE SUBMISSION DEADLINE.
The Department will host a SFO/NSP-RFP pre-proposal conference on April 13, 2011 from 10:00 a.m. to 12:00 p.m., at the DHCD Housing Resource Center, Ground Floor, 1800 Martin Luther King Jr. Avenue, S.E., Washington, D.C. Please visit this page for additional updates.