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Site work and new construction of a residential development in Ames, Iowa. Conceptual plans call for the construction of a residential development; and for site work for a residential development.

Low-income Housing Tax Credit (LIHTC) Developers in Partnership with the City of Ames for Baker Subdivision located at 321 State Avenue, Ames, IA The City of Ames, Iowa is accepting proposals from qualified and experienced affordable housing developers, utilizing the Iowa Finance Authority 4% Low-Income Housing Tax Cred Program (LIHTC) program. The successful developer would enter into a partnership with the City of Ames for the construction of low-income rental housing on a 2.78-acre site within the City's affordable housing development known as the Baker Subdivision. Ames, like many communities across America, has a continuing need for more affordable housing for low and moderate income households. One of the major goals and priorities of the City's Adopted 2019-23 CDBG/HOME Five-year Consolidated Strategic Plan is "To create, expand, and maintain Affordable Housing for Homeless and Low-income persons". Through the use of its Community Development Block Grant (CDBG) funding, the City of Ames has secured ownership of a 10+ acre tract of infill land located at 321 State Avenue in West Ames. The tract of land is also located in the City's first Neighborhood Revitalization Strategy Area (NRSA), which will allow for a greater flexibility in the development of mixed-income housing units that meet CDBG program requirements. If you have any questions regarding this Request for Proposals (RFP), please feel free to contact Karen Server, by e-mail at karen.server@cityofames.org. The City of Ames reserves the right to require additional information at any time during this process to help clarify the intent of the developer or project details. The City reserves the right to waive any minor informalities or irregularities, which do not address the heart of the proposal, or to reject, any and all proposals. Proposals, which take exception to the Request for Proposal (RFP), may be considered non-responsive and may be rejected. The method of Contractor Selection has not been Determined at this time. As of July 31, 2023, no new information available

Conceptual

Residential Subdivision

$500,000.00

Public - City

New Construction, Site Work

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September 13, 2023

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321 State Ave, Ames, IA

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