Floyd County EDA is seeking Proposals from Qualified Workforce Housing Developers

The Economic Development Authority of Floyd County, Virginia is issuing a Request for Proposals to procure a qualified Housing Development partner to build or place 12 to 15 single-family, detached, owner-occupied homes on donated land targeted at workforce housing for households earning between 55% and 150% of the area median income (AMI). The scope of work requires the selected developer to construct and/or place stick-built houses and sell them to eligible buyers, explicitly excluding main construction activities such as utility extensions, road building, and site preparation, which will be covered by a separate Community Development Block Grant (CDBG) award. Key objectives include delivering quality owner-occupied homes affordable to the workforce population, with the developer expected to seek additional grant funding from sources such as the Virginia State Housing Trust Fund and to provide down-payment assistance and financial preparation support to prospective homebuyers. The question submission deadline is noon on Monday, May 18, 2026, and all proposals must be submitted via email to Lydeana Martin at lmartin@floydcova.gov with the subject line "Request for Proposals, Workforce Housing Developer" by 2:00 p.m. on Friday, May 29, 2026. Interested parties may contact Lydeana Martin at 540-745-9380 or lmartin@floydcova.gov to request the complete RFP documentation.

The RFP documentation does not specify set-aside designations, restrictions on organization types, or evaluation criteria beyond the general requirements outlined. No incumbent vendors or existing contractors are identified in the available materials. The project benefits from $1.52 million in Federal Congressionally Directed Spending already awarded to extend utilities to the site, and the County is eligible for regional HOME and Housing Funds to support the initiative. While a specific award value or budget range for the Housing Developer contract is not explicitly stated in the available summary materials, the project's financial feasibility is contingent upon successful receipt of the CDBG funding for main construction costs and the developer's ability to leverage additional grant sources to reduce housing costs for eligible purchasers.