2024 Affordable Rental Housing Development: Non-Tax Credit RFP

Purpose

The City of Madison Community Development Division (CDD) is seeking to improve and expand housing choices available to residents in Madison by supporting proposals from qualified developers that seek to accomplish the following objective:

  • Expand the supply of affordable housing for renters.
  • Preserve existing income- and rent-restricted housing for renters.
  • Improve existing rental housing through acquisition/rehab to ensure long-term affordability. 

Process Overview

  1. Review RFP Guidelines and Resources

    Please read the guidelines carefully before completing your Financing for Rental Housing Development Application.

  2. Pre-Application Process

    Applicants are required to contact Community Development Division staff no later than May 17, 2024.

    To discuss your project, please contact Matt Frater (Community Development Specialist) at mfrater@cityofmadison.com.

    CDD will coordinate a pre-application meeting with staff from the Planning Division (PD) to discuss site selection, zoning and the land use approval process. When scheduling these meetings, please indicate that the meeting will be about a proposed project applying through the Housing Forward RFP.

    Please see Section 2.2 in the RFP for more information regarding the pre-application process for housing development proposals.

  3. Attend or Watch the Workshop

    The City will hold a workshop over Zoom on May 9 at 11am for applicants interested in responding to this RFP.  Please register in advance. The workshop will focus on addressing questions that interested applicants may have regarding the RFP or the application, our expectations around the sustainability and energy efficiency provisions, and what characterizes a successful application.  The workshop will be recorded. 

  4. Review the Timeline

    These dates represent the City's desired timeline for providing a commitment of funds to selected agencies. Any revision of the due date for submission of proposals will be made by addendum. All other dates are for planning purposes and may be adjusted without notice, as needs and circumstances dictate.

    • RFP Released: April 26, 2024
    • Application Workshop (Zoom): May 9, 2024
    • Deadline for Submission of Proposals: May 31, 2024 at 12:00 pm CST (noon)
    • Neighborhood Meetings (new construction proposals only): To occur in July-August or when otherwise appropriate
    • Development Assistance Team (DAT) Deadline (new construction only): To occur in July-August or when otherwise appropriate
    • Applicant Presentations to the CDBG Committee:  Fall 2024
    • CDBG Committee Recommendations: Fall 2024
    • Finance Committee Recommendations: Fall 20224
    • Common Council Consideration: Fall/Winter 2024
    • Commitment Letter (Notification of Award): Fall/Winter 2024
    • Anticipated Contract Effective Date/Start of Construction for Housing Development: Spring 2025
  5. Fill out the Application

    Applicant agencies must utilize the provided application and budget workbook.

    All application materials must be submitted by May 31, 2024 at 12:00 pm (noon) CDT.

    1. Application:
      Rental Housing Development
    2. Budget Workbook
  6. Submit the Application

    Applications MUST be received on our office by 12:00 pm CST (noon) on May 31, 2024.

    Proposals must be submitted to: CDDapplications@cityofmadison.com

    All proposals must be submitted electronically. 

    Please include only the required submittals specified below:

    1. Applications: Agency Overview and Rental Housing Development
    2. Budget Workbook

    Applications time stamped received after 12:00 pm will not be considered, NO EXCEPTIONS!

    You will receive a confirmation email once you have submitted your application(s). These email notifications are not auto generated so allow some time for a person to receive and process your application. If you do not receive a notification within 2 hours, it means that your application did not get delivered.

  7. Submitted Applications

    The following applications will be considered for funding:

    • Applications considered for funding will be added here in the future
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