Specifications include, but are not limited to: The City is requesting Proposals from qualified respondents for development of the City-controlled property into entry-level housing options. The City would like to have units with two or more bedrooms and two or more bathrooms. Either for sale or for rent types would be viable options, with a rental rate of $600-$900 or a targeted sales price of less than $200,000. The City intends to enter into a Purchase and Sale Agreement (PSA) to sell this land to the selected developer. The land sale may be incentivized, contingent on how the proposed development will achieve the City's goals of providing positive community impact. The City is open to alternative project structures including differences in the precise design, number, income level, and alternative land ownership arrangements provided the proposed structure will facilitate the creation of affordable housing units on the site. The PSA will contain conditions to protect the City's interest in facilitating the development of affordable housing and for non-performance, such as a buy back provision, Conditions, Covenants, & Restrictions (CC&R's) recorded on the land, and deed restrictions. It is the intent of this Request for Proposal ("RFP") to set forth the minimum acceptable requirements for proposals.