Austin, TX – The Austin Housing Finance Corporation (AHFC) released a competitive Request for Qualifications (RFQ) solicitation to identify a developer to contract with AHFC to develop approximately 30 to 50 units of attached and detached housing on a 2.7-acre property owned by AHFC located at 5901 Drowsy Willow Trail in south Austin. Once completed these homes will be sold by AHFC to households earning no more than 80% of Austin’s Median Family Income (MFI) as part of AHFC’s Community Land Trust.
Supporting documentation is available on the RFP web page.
Complete responses must be submitted to the AHFC by 11:59 p.m. CST on September 22, 2023 to be considered for award. Submission instructions are included within the RFQ—available on the RFP web page.
Following contract award, as determined by the AHFC Board of Directors, the proposed developer(s) will enter an Exclusive Negotiation Period with the AHFC, the goal of which shall be the negotiation and execution of a Memorandum of Understanding that outlines the obligations and responsibilities related to the proposed development by February 29, 2024.
Questions regarding this Request for Qualifications may be directed to the RFQ’s Authorized Contacts:
Persons desiring further information or interpretation of the RFQ requirements must make a written request for such information to AHFC no later than ten working days before the RFQ submittal due date. Changes to the RFQ documents will be made by addendum only. Questions and Answers that are significant will be provided as a Clarification Document(s).