Multifamily Rental Housing Development
City of Cokato
Original Solicitation Links
Contact
Submission Instructions
Description
The City seeks an experienced developer or builder to propose a new multifamily rental housing project targeting 4–8 units. The selected developer will identify and secure a suitable site, conduct due diligence, develop and own the project, and handle marketing and operations. Proposals should describe the housing type and unit count, development concept, financing and project costs, relevant experience and references, and a construction schedule. Concept drawings and supplemental market or ownership information may also be included where available. The City offers $280,000 in gap financing as a 0% loan for a negotiated 5–10-year term. The funding may be forgiven if the developer meets the Development Agreement requirements and continues renting the units to households within the stated income guidelines. The City plans to select a preferred developer and negotiate a Developer’s Agreement.
Classification Codes
Smart Codes
Specifications
Timeline
Requirements
- Minimum 2 references
- Client point of contact required for each reference
Documents
'New Multifamily Housing Construction (except For-Sale Builders)' Opportunities
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Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors and suppliers to apply for an Open Construction ...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
Defence Construction Canada is inviting contractors to apply for an Open Construction Source List fo...
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