2026 Affordable Rental Housing Project Utilizing HUD HOME Funding
Closed State & local contract opportunity Posted
- Solicitation number
- RFP-2026-790-HHH-RG
- State
- New Mexico
- Responses due
Opportunity facts
- Jurisdictions
Opportunity details come from cabq.bonfirehub.com. Updated .
About this opportunity
The City of Albuquerque is soliciting proposals for new construction, acquisition, rehabilitation, and preservation of multi-family affordable rental housing utilizing up to $2.32 million in HUD HOME Investment Partnerships grant funding, with proposals due September 5, 2026. Housing must be located within Albuquerque city limits and affordable to households at or below 80% area median income (AMI).
The development must comply with 24 CFR Part 92 (HOME program requirements), 2 CFR Part 200 (Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards), and 24 CFR Part 75 (HUD Section 3 requirements for direct employment, training, and contracting opportunities to low-income individuals and businesses employing low-income persons within the community). The project is framed as leveraging the City's contribution to maximize total housing units developed.
Bernalillo County is identified as the applicable jurisdiction alongside Albuquerque City.
Opportunity text
HHH has allocated up to $2,320,285.79 of HOME Investment Partnerships grant funding from the U.S. Department of Housing and Urban Development, towards the new construction, acquisition/rehabilitation, and/or preservation of multi-family rental housing within the Albuquerque city limits. The 2025 HOME INVESTMENT PARTNERSHIPS project, shall leverage the City's contribution by maximizing the total units of housing to be developed, and providing housing units are affordable to households at/or below 80% AMI. Additionally, the development must also meet the applicable statutory and/or regulatory requirements of 24 CFR Part 92, related to the available HOME Investment Partnerships (HOME) funds, 2 CFR Part 200 related to the Uniform Administrative Requirements, 24 CFR Part 75 regarding HUD Section 3 requirements direct employment, training, and contracting opportunities to low-income individuals and the businesses that employ these persons within their community, and any other applicable requirements for federal awards.
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