Original Opportunity #: 202005-10026
Issued by: The City of Hillsboro
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s Due Date: Jun 1, 2020 3:00PM (Pacific Daylight Time) add to calendar
Status: closed
Posted: May 16, 2020
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Description

MULTIFAMILY RENTAL HOUSING DEVELOPMENT OPPORTUNITY - METRO AFFORDABLE HOUSING BOND  As part of Metro Housing Bond implementation, the City of Hillsboro as a Local Implementing Partner, invites proposals from private for profit and non-profit development partners for the development of affordable multifamily rental housing on a City-owned site at NE 53rd Avenue and NE Hidden Creek Drive.  The City will make the subject property available through competitive solicitation and project selection by way of this Request for Proposals (RFP) and will make a portion of the City's share of Regional Housing Bond funds available to help finance the selected project.Available Resources:  Land- The site is approximately six (6) net developable acres at the Northeast corner of NE 53rd Avenue and NE Hidden Creek Drive.  Capital Funding- Up to $18 Million of the City' share of Metro Regional Housing Bond funds will be made available for the selected project.  Project-Based Rental Assistance- Once selected, developer/sponsor may apply to Washington County Housing Authority for an allocation of up to 15 project-based Section 8 vouchers for the project.  Property Tax Exemption for Nonprofit-Owned Affordable Housing -The City of Hillsboro offers a Property Tax Exemption for qualifying affordable housing held by charitable, nonprofit organizations.

For Questions or Additional Information, Contact:

Name: City of Hillsboro Purchasing

About The City of Hillsboro

Why contract with the City of Hillsboro?

The City of Hillsboro has a decentralized purchasing function in which the City’s departments are generally responsible for their own procurement process. The Purchasing department advises and assists other departments as needed and initiates purchases that benefit the entire city. In addition to providing assistance during the purchasing process, the purchasing department maintains the city-wide purchase card program, updates purchasing related ordinance and supports the City’s financial system’s purchasing module.


You can read more about our purchasing department here.

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