ESBD_473123_1764686556968_26-032 RFI Affordable Housing Tax Credit.pdf

REQUEST FOR INTEREST

AFFORDABLE HOUSING DEVELOPMENT

RFI NO. 26-032

DUE DATE: Tuesday, December 30, 2025

@ 2:00 P.M. C.S.T.

CITY OF COLLEGE STATION, TEXAS

1101 Texas Ave.

College Station, TX 77840

(979) 764-3555 www.cstx.gov

CONTENTS

INTRODUCTION 3

PROJECT OBJECTIVES 3

THE PROJECT 3

SUBMISSION REQUIREMENTS 4

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INTRODUCTION

The City of College Station is soliciting Requests for Interest (RFI’s) from firms which are interested and qualified to develop an affordable senior or family development within the City.

It is the intent of the City of College Station to select one or more developers to accomplish a successful development as outlined in this Request for Interest. Developers must have successful affordable housing development experience, preferably within the local housing market area.

This Request for Interest (RFI) may lead to one or more of the following outcomes:

• Direct negotiations with one or more respondents to this RFI;

• A request for additional information from RFI respondents;

• The issuance of a Request for Proposal (RFP) to one or more respondent(s);

• The issuance of an RFP open to all potential respondents;

• Support of an application for the 2025 Low Income Housing Tax Credit program; or

• Termination of this solicitation process without the selection of a respondent or issuance of an RFP.

PROJECT OBJECTIVES

The City is seeking statements of interest from for-profit and non-profit developers for projects that create affordable rental housing for low-income households in the City.

THE PROJECT

Purpose

The City of College Station invites all interested and qualified firms to submit a statement of interest in regard to the development of affordable housing within the city.

• The City will consider support of one or more proposals for 9% Housing Tax Credits through the Texas Department of Housing and Community Affairs (TDHCA) in 2025 or other sources of funding.

The Low Income Housing Tax Credit (LIHTC) program in the State of Texas is administered by TDHCA. The City of College Station has no responsibility for application approval for LIHTC projects or for the administration of the LIHTC program.

• The City will consider support of projects with proposed funding from other sources. The City of College Station has no responsibility for the application approval.

The City will consider support of a project with Community Development Block Grant (CDBG) funds and/or HOME Investment Partnership Program funds. These funds could be used to support

26-032 RFI Affordable Housing Development Page 3 of 4 acquisition or infrastructure, new construction with HOME funds only, and/or other CDBG or HOME-eligible expenses related to the development of affordable housing.

Proposal Requirements and Guidelines

It is the City’s intent that the successful development team will own and execute the project, including, but not limited to, the planning and design, development and construction, and long-term management phases.

The City will give preference to a project that:

• Actively involves neighborhood stakeholders;

• Does not contribute to an over-saturation of affordable housing in a neighborhood;

• Demonstrates a high quality of design/construction;

• Demonstrates successful management of similar developments; and

• Demonstrates a selected site.

Support will not be provided for proposed projects that will negatively impact City public services, including utilities, public safety, and emergency response services, neighborhoods or schools.

SUBMISSION REQUIREMENTS

The Statement of Interest submittal should include but not be limited to the following information:

• The name of the interested firm.

• The appropriate point of contact with their respective contact information.

• Site of proposed property located within the College Station city limits.

• The respondent’s conceptual design and/or narrative description of the proposed development, including preliminary cost estimates, schedules, public involvement, etc.

• Demonstration of the firm’s capability to finance the proposed development or examples of similar developments the firm is directly responsible for. Previous experience in the Brazos Valley will be viewed favorably.

• Any other information that would be useful in the evaluation of the Statement of Interest.

• Any CDBG or HOME grant funds that will be needed from the City.

Statements of interest will be accepted electronically until 2:00 p.m. CST on Tuesday, December 30, 2025, and should be uploaded at http://brazosbid.cstx.gov.

All questions, clarifications, or requests for general information regarding this solicitation shall be submitted, in writing, no later than 5:00 p.m. CST on Tuesday, December 16, 2025, to:

David Brower Community Development Administrator Planning & Development Services Department P. O. Box 9960 College Station, Texas 77842 E-mail:dbrower@cstx.gov

26-032 RFI Affordable Housing Development Page 4 of 4 http://brazosbid.cstx.gov/