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Renovation of a multi-residential development in Quincy, Illinois. Completed plans call for the renovation of a multi-residential development.

Please direct all questions concerning this RFP to the City of Quincys online solicitation by the Thursday, July 11, 2024, deadline. The City of Quincy is offering Small Rental Rehabilitation Program (SRRP) funding to assist redevelopment proposals to rehabilitate existing, distressed rental dwelling units or to develop new market-rate rental units through new construction or through the conversion of existing buildings. Building owners with property west of 18th Street, within the City limits, may submit proposals for SRRP funding assistance. Properties located within the Downtown Tax Increment Finance (TIF) District are not eligible for SRRP funding. City SRRP funding will provide zero interest loans for fifty percent of the total cost of renovation/construction up to $20,000 per unit, with the balance of the project cost paid by the owner. Upon project completion and a five-year compliance review, the SRRP loan is forgiven. The City of Quincy reserves the right to waive technicalities and to reject any and all proposals. The City of Quincy reserves the right to accept the most advantageous proposal for the city.

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Multi-Residential

$325,000.00

Public - City

Renovation

Documents for this project are exclusively Specifications. If Plans become available, we will add them here.

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July 18, 2024

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S 18th St, Quincy, IL

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