2025_Geographic_Areas_of_Opportunity_Hillsborough_County.xlsx

The file "2025_Geographic_Areas_of_Opportunity_Hillsborough_County.xlsx" is associated with the City of Tampa's Housing and Community Development (HCD) Division's Low-Income Housing Tax Credit (LIHTC) Program for Hillsborough County, Florida. The procurement seeks a single developer to apply for 9% federal tax credits to create affordable multi-family housing. Key dates include a non-mandatory pre-proposal meeting on April 15, 2025, at 10:00am, with questions due by June 20, 2025, at 12:00pm, and proposal submissions due by June 27, 2025, at 12:00pm. The project requires construction to commence within six months of agreement execution, with the selected developer expected to create rent-restricted and income-restricted housing units.

The procurement offers potential HOME or SHIP funds not to exceed $750,000 for Geographic Area of Opportunity/Small Area Difficult to Develop Area (SADDA) funding. The evaluation will use a 100-point scoring system across seven categories: Organizational Capacity (5 points), Environmental Review (10 points), Project Description (15 points), Project Readiness/Program Implementation Schedule (15 points), Financial Capacity (20 points), WMBE Participation (20 points), and Community Engagement (15 points). The city aims to support affordable housing that de-concentrates areas of poverty and furthers Fair Housing objectives, with a focus on attracting diverse developers, including African American-owned, Woman-owned, Asian/Hawaiian-owned, Veteran-owned, and Small Business enterprises.