Mailbox Only - Notice of Funding Availability for Downtown & Chinatown Housing Development Round 2 Multi-Family New Construction Substantial Rehabilitation

Back to Bid Search Mailbox Only - Notice of Funding Availability for Downtown & Chinatown Housing Development Round 2 Multi-Family New Construction Substantial Rehabilitation 12601560 REMAINING 30 days Bid Information Documents Addenda/Emails Prospective Bidders Subcontractor Ads Bid Results Awards Bid Detail Project Title Mailbox Only - Notice of Funding Availability for Downtown & Chinatown Housing Development Round 2 Multi-Family New Construction Substantial Rehabilitation Invitation # 12601560 Bid Posting Date 02/13/2026 8:13 AM (PDT) Project Stage Bidding Bid Due Date 04/14/2026 1:00 PM (PDT) Response Format Paper Project Type RFQual (Request for Qualification) Response Types Response File Type of Award Lump Sum Categories 11111 - Builder's Exchange & Plan Rooms 90664 - Planning, Urban (Community, Regional, Area Wide, And State) 91800 - Consulting Services 91827 - Community Development Consulting 91831 - Construction Consulting 91842 - Engineering Consulting 91843 - Environmental Consulting 91846 - Feasibility Studies (Consulting) 91849 - Finance/Economics Consulting 91855 - Geological Consulting And Study 91858 - Governmental Consulting 91863 - Housing Consulting 91883 - Organizational Development Consulting 92400 - Educational/Training Services 95200 - Human Services 95878 - Property Management Services 96128 - Economic Development, Domestic And Foreign 96129 - Economic Impact Studies 96144 - Industrial Development And Planning Services 97100 - Real Property Rental Or Lease Department Planning & Development Address 2600 Fresno Street Room 3065 Fresno, California 93721 County Fresno Bid Valid Liquidated Damages Estimated Bid Value Start/Delivery Date Project Duration Bid Bond Bid Bond 0.00% Payment Bond 0.00% Performance Bond 0.00% Pre-Bid Meeting Information Pre-Bid Meeting No Online Q&A Online Q&A No Contact Information Contact Info Mayra Merino 559-621-8133 [email protected] Bids to Owner's Agent Description Scope of Services The City of Fresno (City) is soliciting applications from qualified firms (Developers) for the new construction or substantial rehabilitation of multifamily housing in the City of Fresno’s Downtown and Chinatown areas. The area stretches from Calaveras Street (north) to César Chávez Boulevard (south), and from CA-99 (west) across to L Street (east). The selected developer(s) will be required to perform all aspects of development (i.e. property acquisition, entitlement, environmental clearance, financing, and construction). As an incentive, the City is proposing to provide funding through various programs for shovel-ready projects. Sources may include up to $20,000,000 in a Revolving Loan Fund (RLF). Funds shall be used as gap financing (last-in) for construction of higher-density multi-family housing units and will be provided as a 60-month loan with an interest rate benchmarked at 1.17% plus the ‘Effective Federal Funds Rate’ (currently 3.64% as of 1/23/26 resulting in a total interest rate of 4.81%). Only shovel-ready projects that meet the requirements set forth in the Scope of Development Work will be considered for funding. The maximum loan per Project is $8 million. Upon selection of a proposed project(s), the City and Developer will enter into a funding agreement(s) for the project; approval is subject to City Council approval. Other Details Applications will be accepted electronically by submitting one cover letter, one application, and supporting documents per project to Mayra Merino at [email protected]. In order to be eligible for funding, applications must be received by, or before, 1:00 p.m. on April 14, 2026. Please include “2026 Downtown and Chinatown Housing Development NOFA” in the subject line along with the project name. If the file is too large, send a request to [email protected] for a link to the City’s file sharing protocol. An e-mail confirming receipt of application submission will be sent within one business day. If you do not receive a confirmation, please contact [email protected] email or phone at 559-621-8133. Applications submitted after this deadline will not be considered. If you have any questions, please contact Mayra Merino, Senior Management Analyst, at (559) 621-8133, or by email at [email protected]. City of Fresno Housing Finance Division Attention: Mayra Merino, Senior Management Analyst 2600 Fresno Street, Room 3065 Fresno, CA 93721 The City of Fresno reserves the right to reject any and all applications. Notes Special Notices Local Programs & Policies