Two core components of the Agency’s 2024 Strategic Plan include developing thriving communities and cultivating effective partnerships to facilitate the development of at least 2,000 new housing units. In furtherance of the vision set forth in the plan, RHA is pleased to release the RFQ for Real Estate Development Partner for the redevelopment of an RHA-owned, vacant parcel located in northern Downtown Raleigh. RHA seeks private sector and non-profit development partners with experience and financial capacity to access a combination of private and public financing sources. Due to the rapidly changing development landscape and timing related to Low-Income Housing Tax Credits (“LIHTC”), RHA is interested in options for a faster project delivery than would be provided when using LIHTC. Additionally, RHA is interested in innovative construction methods such as modular construction, prefabrication, panelized construction, and hybrid prefabrication.
