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OpenSolicitation 2027-563

City of Flagstaff Public Housing Siler Site Redevelopment Opportunity

Buyer
City of Flagstaff
Listing location
Arizona, USA
Submission deadline
Feb 2, 20272:00 PM EST

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What the buyer needs

AI summary

The City of Flagstaff seeks experienced developers to redevelop the Siler Homes public housing site. The goal is to more than double the number of residential units and create a mixed-income neighborhood. The redevelopment aims to support the City's 10-Year Housing Plan, which seeks to create or preserve 7,976 housing units by 2031. This initiative will increase the supply of market-rate, workforce, and affordable housing. The City plans to reposition its public housing portfolio through the HUD Rental Assistance Demonstration program. The City will retain control of the project, potentially as a ground lessor or part of the project owner entity.