Stewart Manor -- Developer Partner Request for Qualifications (RFQ)

Description: Solicitation Summary The Sanford Housing Authority (the Authority) is seeking proposals from qualified developer partners to participate in its rehabilitation of Stewart Manor, an elderly mid-rise affordable housing facility. The Authority is considering rehabilitation using any combination of bonds, tax-credits and AUTHORITY insured financing. It reserves the right to select one developer partner or to not make an award. The Authority is seeking a developer who can provide resources to assist with the rehabilitation of Stewart Manor. The Authority will require that it be listed as a Co-Developer. To create the desired results will require comprehensive planning and leveraging resources and the coordination of planning efforts. The Authority expects to continue working with Stogner Architecture on this project as the architect. Developer partner must include corresponding resumes, and evidence of recent successful experience in financing, development, rehabilitation, construction, owning and/or operating similar properties. Developer partner must demonstrate that they have experience as the lead developer with at least two LIHTC successfully completed projects within the past 5 years; under our scoring system, developers who have successfully completed LIHTC projects in North Carolina within the past Five (5) years may receive up to Five (5) bonus points. Submissions shall be 1 hard copy and 1 digital copy. Digital copy can be on thumb drive or emailed if under 10 MB. Following the submission of proposals on January 14, 2027, the Authority will create a shortlist, based on the predetermined evaluation criteria, of 2-4 developers that may then be requested to participate in in-person interviews. The contract award is tentatively scheduled for February 8, 2027 pending board approval. Please direct all inquiries regarding the Request for Qualifications to the following individual: Anthony Goodson, Jr. 504 N. First Street Sanford, NC 27331 [\[email protected\]] The Authority will acknowledge proposals received on or before January 14, 2027 at 4:00 pm (EST). Proposals received after this date and time will not be accepted. The Authority reserves the right to reject any or all proposals/packages, to advertise for new proposals/qualifications to accomplish this solicitation by any means determined to be in the best interest of the Authority. The Authority will evaluate proposals to determine the best proposal to satisfy the needs of the AUTHORITY. AUTHORITY - SCHEDULE OF EVENTS: Issue Date of RFQ: November 11, 2026 Deadline for Submission of Questions: December 7, 2026 AUTHORITY Response to Questions Issued: December 18, 2026 Deadline for Submission of Proposals: January 14, 2027, 4:00 PM Award Date: February 8, 2027