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

Reference Number 0000355310 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 owner occupied units with home sizes varying from 1100 to 1500 square feet in size similar to existing homes located on the block of Court, Poplar, Ford, and Newberry Streets. 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. The 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 in the builder's agreement - Exhibit A. The purpose of this RFQ is to encourage and solicit local builders to participate in this public/private partnership and help the City of Jacksonville meet its goals for quality housing for all of its citizens. As part of the Neighborhood Housing Initiative, the City of Jacksonville's Community Development Division would like to enter into a public-private partnership with qualified Builders for the development of City-owned vacant lots. These lots will be used to construct attractive, marketable, and affordable single-family housing in the area. General Requirements - Contractors License Required - Insurance Required July 15, 2024 Start Construction All communication should be directed to Tracy L. Jackson, Director of Neighborhood Improvement Services at 910-938-5269 or by email at tjackson@jacksonvillenc.gov. *The City reserves the right to reject any and all proposals received as a result of this Request for Qualification, or to negotiate issues so as to best serve the interest of the City of Jacksonville.