Government Contract | North Carolina
Request for Proposal for a Consultant Advisor to assist with the Selection of a Development Partner

Bid Information

Bid Alert No: 00000589578

Bid Title: Request for Proposal for a Consultant Advisor to assist with the Selection of a Development Partner

Agency Bid No. Title: 16-23456

Received Date: 06/06/2016

Close Date: 06/29/2016

Purchase Type: Not Stated

Delivery Point: Winston-Salem, North Carolina

Delivery Date: Not Stated

Special Notices: Pre-Bid Conference Optional 06/15/2016 11:00 AM


Provide assistance to the HA in assessing the feasibility of adevelopment project, crafting a development plan for the project, drafting a solicitation fora Development Partner for the project and negotiating a Development Agreement with saidDevelopment Partner . Specifically, the HA is seeking to construct affordable housing (andpossibly ancillary structure(s) to support the residents of the community) at 1125 HighlandAvenue in Winston-Salem, North Carolina. The Housing Authority is the fee-simple owner ofthe site, which contains vacant structures (historically used as a school and childcarefacility). The consultant will assist the HA in negotiating a Development Agreement thatmaximizes the HAs developer fee and equity in the project. Additionally, the consultantwill assist the HA in identifying a Development Partner that meets the experiencerequirement criteria established by the North Carolina Housing Finance Agencys QualifiedAllocation Plan for the award of 9% Low-Income Housing Tax Credits. The HA anticipatesapplying for 9% Low-Income Housing Tax Credits as a financing vehicle for the project.However, the consultant will be expected to provide the HA with input on alternativefinancing vehicles as well. The consultant will be expected to provide information oncredit-enhancement tools that may aid the HA in negotiating a favorable DevelopmentAgreement. No additional specifications were given.

Product Code: 91846

Agency Information

Issuing Agency: Winston-Salem Housing Authority

State: North Carolina

Agency Type: State and Local

Contact: Clinton Thomas WSHA Purchasing Department, 500 W. 4th Street, Winston-Salem, North Carolina, 27101

Phone: 336-727-8500




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