Affordable Homeownership Development Partnership

The Bloomington Housing and Redevelopment Authority is seeking emerging development partners to develop a four-acre site for affordable homeownership, with partners expected to contribute at least $30,000 in equity.

City of Bloomington


General
Open
26-60
Nov 24, 2026 05:00 PM
Oct 27, 2026 04:00 PM
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Contact
eiacoboni@bloomingtonmn.gov
Submission Instructions
Online submission through the City of Bloomington Bids&Tenders page; portal URL not provided
Description

The Housing and Redevelopment Authority in and for the City of Bloomington seeks proposals from emerging developers or development partnerships to develop a four-acre property on the 8600 block of Xerxes Avenue for affordable homeownership. Applicants should demonstrate commitment to affordable housing, financing capability, and local market knowledge; experience with similar small-scale affordable projects is desirable. Emerging developers without completed new-construction projects may qualify based on experience in adjacent fields such as construction or real estate. Partners must be able to contribute at least $30,000 in equity. The HRA may pursue additional funding and invest in the site. Proposal documents are available through the project’s Bids&Tenders page. The posting states that questions and proposals must be submitted through the City of Bloomington Bids&Tenders page; submissions through the alternate posting will not be answered. The requested information section does not identify specific proposal documents, and the submission portal URL is not provided in the posting.

Classification Codes
NAICS236117New Housing For-Sale Builders
PSCAK13HOUSING - ADVANCED DEVELOPMENT
Smart Codes
affordable housing developmentaffordable homeownership projectsreal estate development partnerships
Specifications
Service
Timeline
Oct 27, 2026 04:00 PM-Open Date
Nov 24, 2026 05:00 PM-Close Date / Proposal Submission Deadline
Requirements
Informational
Documents
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