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Bid Description

RI Housing and Mortgage Finance Corporation

Bid Number:Project Based Voucher Program -RFP 2023

Description
Through this Request for Proposals (“RFP”), the Rhode Island Housing and Mortgage Finance Corporation (“RIHousing”) seeks proposals from qualified property owners interested in participating in the Section 8 Project-Based Voucher (“PBV”) Program, an initiative of the U.S. Department of Housing and Urban Development (“HUD”). RIHousing expects to make rental assistance available for up to 18 units under this RFP. All for-profit and non-profit owners are eligible to apply under this RFP. Only existing housing will be funded and units must be available for occupancy as of the date of PBV contract execution. Projects proposed to be or under construction are not eligible. Under Rhode Island state law, a housing authority generally has exclusive jurisdiction to lease families within its municipal boundaries. Therefore, eligible PBV projects must be either located within the jurisdiction of RIHousing or be accompanied by a letter from the local housing authority (or other applicable municipal authority) agreeing to allow RIHousing to project-base and administer vouchers within its jurisdiction. RIHousing’s jurisdiction currently includes the following cities and towns: Foster Glocester Scituate Barrington Exeter Richmond North Kingstown Jamestown North Smithfield Little Compton Charlestown West Greenwich Middletown Portsmouth New Shoreham Hopkinton