1. Purpose The City of Fayetteville, NC, is soliciting proposals from qualified non-profit organizations to certify or re-certify as a Community Housing Development Organization (CHDO) to develop per 24 CFR 92 Subpart G: affordable forsale units on available city-owned vacant lots (Exhibit A) or on lots owned by the non-profit. These for-sale units will have a requirement to serve households at or below 80% of the Area Median Income (AMI) and must remain affordable for a minimum of 15 years. This initiative aims to increase affordable homeownership opportunities for low- to moderate-income families, utilizing down payment assistance, construction financing, and adherence to federal affordability standards. This RFP is issued in conformance with the City's Affordable Single-Family Housing Development Program Guidelines.
