RFP/RFQ and Bid Opportunities Download

RFP #08-30: Affordable Rental Housing in Interstate Corridor and Lents Town Center URAs

This PDC Public Bid Opportunities is CLOSED
Closed: Friday, May 1, 2009, 3 PM

The Portland Development Commission (PDC) announces this Request for Proposals of up to $7 million* of Tax Increment Financing (TIF) available in the Interstate Corridor and Lents Town Center Urban Renewal Areas for affordable rental housing. (To determine if your property is within the eligible boundaries, visit https://www.pdc.us/maps) Both non‐profit and for‐profit Proposers (“Project Sponsors”) are eligible for this funding. Additional funding also may be available to eligible projects under PDC’s Lead Hazard Control program.

* Interstate Corridor URA: $1,500,000 in requested budget for FY 2009/2010, $2,000,000 in forecasted FY 2010/2011 budget. Lents Town Center URA: $1,000,000 in adopted budget for FY 2008/2009, $2,000,000 in requested budget for FY 2009/2010, $500,000 in forecasted FY 2010/2011


RFP #08-30: Affordable Rental Housing in Interstate Corridor and Lents Town Center URAs, (PDF)
RFP-08-30: Appendix A - 2008 MFI, (PDF)
RFP-08-30: Appendix B - PDC Policies, (PDF)
RFP-08-30: Appendix C - Funding Application, (DOC)
RFP-08-30: Appendix E - PDC Loan Averages, (PDF)
RFP-08-30: Appendix D - Project Cost Analysis, (XLS)
RFP-08-30: Addendum 1, (PDF)