City of Oxford

Buyer seeks qualified firms to construct and operate affordable housing on city-owned property. The project aims to address a critical need for 323 affordable housing units. Buyer prefers a long-term ground lease agreement but is open to property purchase. The development should serve individuals and families up to 80% AMI and remain affordable for 30 years. Buyer may provide $500K in ARPA funding for infrastructure costs if the project is construction-ready.

• 1/10/2025 - Issuance of RFQ
• 2/28/2025 - Proposal Due Date
• 3/3/2025 - Proposals Reviewed
• 3/10/2025 - Interviews and Award of RFP

• Construct affordable housing on 2.1 acre city-owned parcel
• Operate and manage affordable housing development for 30 years
• Design housing to serve individuals and families up to 80% AMI
• Develop high-quality construction that remains affordable for 30 years
• Incorporate green building techniques and environmentally friendly features
• Work with neighborhood to address concerns in site design and operations
• Provide additional services along with housing through partnerships
• Secure funding for construction and ongoing maintenance/operations
• Manage property and maintain affordability for target audience
• Address public safety impacts of development and target audience