Site work and new construction of a multi-residential development in Jacksonville, North Carolina. Completed plans call for the construction of a multi-residential development; and for site work for a multi-residential development.

Reference Number 0000323418 Bid Intent Not Available The City of Jacksonville's Neighborhood Improvement Services Department & Community Development Division is soliciting Request for Proposals (RFP) from qualified general contractors or firms who are experienced and licensed by the State of North Carolina to reconstruct four single family homes. Upon completion of the reconstruction, these homes, located within the City limits of Jacksonville, will be made available as affordable housing for low-to-moderate income homebuyers. The City of Jacksonville proposes to enter into a public/private partnership with qualified builders for the development of single-family homes in the City of Jacksonville, NC. The single-family homes will be constructed utilizing a unified development theme. This project is part of the City of Jacksonville's Neighborhood Housing Initiative. The City desires to build approximately 4 homes within the next three years with these homes being owner occupied units with home sizes of a minimum of 1,200 square feet in size. Under the public/private partnership, the City will provide the lots, with the builders providing the homes as speculative development homes. Potential homeowners must secure private financing for a 30 year fixed rate loan through conventional lending institutions as the first mortgage position on the homes. City of Jacksonville will hold a second mortgage on the lot with the second mortgage being forgiven over a 10-year period, provided the homeowner meet all conditions of the loan requirements. Participating builders will be required to secure their own construction financing with all homes meeting minimum specifications as established by the City of Jacksonville. The City of Jacksonville reserves the right to reject any and all submittals. General Requirements - Contractors License Required - Insurance Required Bid Results 408 Anne St Tuscov LLC - $175000 410 Anne St Tuscov LLC - $175000 112 Cox Ave Tuscov LLC - $168250 114 Cox Ave Tuscov LLC - $168250