PHB’s Fall 2023 Request for Interest (RFI) for Affordable Housing Preservation |
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September 26, 2023: The Portland Housing Bureau (PHB) has released a Request for Interest to provide up to $4.825 million in capital funding for Affordable Housing Preservation projects plus additional funding for energy efficiency and renewable energy components. Proposals are due by 3:00 pm (PDT) on Tuesday, October 24, 2023. PHB invites proposals from owners of regulated affordable multifamily properties that need rehabilitation work, including health, fire, life and safety repairs and improvements that modernize the building, increase livability for residents, and/or extend the useful life of the housing asset. Proposals are limited to projects in PHB’s existing portfolio. Successful proposers will have identified capital needs and be positioned to move quickly to implement the scope of work before December 31, 2024. The Fall 2023 Preservation RFI offers $4.825 million from sources that may include, but are not limited to, City general funds and/or federal Community Development Block Grant (CDBG) funds. In addition, Portland Clean Energy Funds (PCEF) are available for energy efficient and renewable energy project components. Selected projects will receive a funding commitment in November 2023. The Preservation RFI and all associated information can be found online at: http://www.portland.gov/
Preservation RFI issued: September 26, 2023 Optional Applicant Information Session: October 3, 2023, 11:00 AM – Noon Proposals Due: October 24, 2023, by 3:00PM |