City of Cleveland
Housing Development Office - 2023 Special Funding Proposal Submission
The City of Cleveland will make funds available to invest in affordable and market rate housing development projects, on a competitive basis, through the Department of Community Development’s (CD) Request for Proposals to allocate up to $34,450,000. The following funding sources could be available for submissions:
- $10M Affordable Housing Gap Financing ARPA Restricted
- $5M Market Rate Housing Gap Financing ARPA Gen. Fund
- $13.7M 30%AMI Affordable Housing Gap Financing HOME-ARP
- $4M Non-Congregate Shelter Gap Financing HOME-ARP
- $1.75M Single-Family Affordable and Market Rate City Bond Funds
Total Available Funding $34.45M
This Request for Proposals (RFP) is only for housing development projects that will invest in either affordable housing units, market-rate housing units or a mix. The City will also fund up to one non-congregate shelter project through this RFP. For more information go to RFP Memo.
This submission will be scored and used to create a slate of projects to be considered by Council. Any projects approved on that slate of projects will be eligible to apply for these funds through HDO's Neighborly Platform. The Council authorization will not be a funding award. Any funds awarded by the City of Cleveland will be determined by an underwriting process by HDO based on City policies. City staff will recommend the appropriate funding sources to be matched with the appropriate project.
Use this word document to help collect and draft your submission prior to entering the information in this form, since this form can not be saved in draft form.
Voluntary Information Sessions:
- Wednesday, February 1, 2023 @ 9:00am
- Wednesday, February 8, 2023 @ 9:00am
- Wednesday, February 15, 2023 @ 9:00am
Please complete RSVP form to receive information session details.
Deadline for Questions: Wednesday, February 15, 2023 @ Noon
Response to Questions Released: Thursday, February 16, 2023
DEADLINE FOR SUBMISSIONS: Tuesday, February 28, 2023