Section 108 Loan Guarantee Program – Affordable Housing & Economic Development Opportunities
| Bidders ID: | NBD12271544744429987 |
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| Due Date: | Sep 4, 2026 |
| Posted Date: | Jul 30, 2026 |
| Level of Government: | State & Local |
| State: | North Carolina |
| Agency: | State Government of North Carolina |
| Category: |
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| Solicitation Number: | 274-HCD-FY27-01 |
| Source: | Members Only |
| Solicitation Number: | 274-HCD-FY27-01 |
| Project Title: | Section 108 Loan Guarantee Program – Affordable Housing & Economic Development Opportunities |
| Description: | The City is currently evaluating opportunities to support catalytic projects that advance affordable housing production, neighborhood revitalization, economic development, and broader community development priorities. Through this Request for Information (RFI), the City seeks to gauge market interest, identify potential eligible projects, better understand financing needs and development barriers, support pipeline development, and inform ongoing program operationalization and underwriting considerations. Additional program information is included in the attached Affordable Housing and Economic Development Section 108 Program One-Pagers. |
| Opening Date: | 9/4/2026 5:00 PM |
| Posted Date: | 7/31/2026 |
| Status: | Open |
| Department: | CITY OF RALEIGH |
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Solicitation Number
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274-HCD-FY27-01
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Department
CITY OF RALEIGH
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Status Reason
Open
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Opening Date
2026-09-04T17:00:00.0000000
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Posted Date
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2026-07-30T15:03:14.0000000Z
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Primary Commodity Code
Utilities
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Mandatory Conference/Site Visit
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Special Instructions
Bid Agent: complianceandplanning@raleighnc.gov
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Solicitation Type
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Select RFP IFB RFI
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Owner
Patrick Barbour
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Description
The City is currently evaluating opportunities to support catalytic projects that advance affordable housing production, neighborhood revitalization, economic development, and broader community development priorities. Through this Request for Information (RFI), the City seeks to gauge market interest, identify potential eligible projects, better understand financing needs and development barriers, support pipeline development, and inform ongoing program operationalization and underwriting considerations. Additional program information is included in the attached Affordable Housing and Economic Development Section 108 Program One-Pagers.
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Attachment Preview
Request for Information
Title: Section 108 Loan Guarantee Program – Affordable Housing &
Economic Development Opportunities
Number: Request for Information (RFI) 274-HCD-FY27-01
Issue Date: August 4, 2026
Due Date: September 4, 2026, no later than 5:00PM EDT
**LATE RESPONSES WILL NOT BE ACCEPTED**
Issuing Department: Housing and Community Development
Direct all inquiries concerning this RFI to:
William Hartye, Senior Planner
Email: ComplianceandPlanningUnit@raleighnc.gov
Request for Information (RFI) 274-HCD-FY27-01
This is a Request for Information (RFI) only and will not lead to a
contractual relationship between a vendor or vendors and the City
of Raleigh. It is anticipated that information received in response
to this RFI will be used to develop appropriate documentation in
support of future procurement processes.
Page 2 of 13
Request for Information (RFI) 274-HCD-FY27-01
Table of Contents
1. BACKGROUND..........................................................................4
2. GENERAL INFORMATION.......................................................6
3. INSTRUCTIONS ........................................................................7
4. PROJECT SCOPE........................................................................8
5. PRELIMINARY FINANCING INFORMATION ....................10
6. SUBMITTAL REQUIREMENTS .............................................12
Page 3 of 13
Request for Information (RFI) 274-HCD-FY27-01
1. BACKGROUND
Raleigh, the capital of North Carolina, is one of the nation's fastest-growing
areas, known for its strong economy, top-tier educational institutions, and
excellent healthcare. Its mild climate, diverse work force and proximity to
Research Triangle Park make Raleigh a great place to live.
As a 21st-century City of Innovation, the City of Raleigh (City) prioritizes
environmental, cultural, and economic sustainability. The City implements
best practices in conservation, land use, and infrastructure to protect
natural resources. The City embraces growth and diversity through policies
that preserve neighborhoods, natural spaces, and cultural heritage for future
generations. The City collaborates with universities, citizens, and local
partners to foster technological innovation, create jobs, and support local
businesses. Committed to transparency and excellence, the City equips its
staff with the skills needed to carry out the duties of the City through
transparent civic engagement and by providing the very best customer
service to our community.
The City of Raleigh’s Housing and Community Development Department
administers federal housing and community development programs that
support affordable housing, neighborhood revitalization, homelessness
prevention, public infrastructure, and economic development initiatives
throughout the community. Through implementation of the City’s
Consolidated Plan and Affordable Housing Plan, the Department works to
expand access to affordable housing opportunities, preserve existing
housing stock, support vulnerable populations, and encourage strategic
reinvestment in areas experiencing growth and change.
To support these goals, the City of Raleigh (“City”) has secured
approximately $14.2 million in financing authority through the U.S.
Department of Housing and Urban Development (HUD) Section 108 Loan
Guarantee Program.
The Section 108 Loan Guarantee Program allows local governments to
leverage Community Development Block Grant (CDBG) funding into
larger-scale financing opportunities for eligible affordable housing,
economic development, public infrastructure, mixed-use redevelopment,
and community revitalization projects.
Page 4 of 13
Request for Information (RFI) 274-HCD-FY27-01
The City is currently evaluating opportunities to support catalytic projects
that advance affordable housing production, neighborhood revitalization,
economic development, and broader community development priorities.
Through this Request for Information (RFI), the City seeks to gauge
market interest, identify potential eligible projects, better understand
financing needs and development barriers, support pipeline development,
and inform ongoing program operationalization and underwriting
considerations. Additional program information is included in the attached
Affordable Housing and Economic Development Section 108 Program
One-Pagers.
Page 5 of 13
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