Request for Applications – RVARC Housing Development Program
The Roanoke Valley-Alleghany Regional Commission (RVARC) is soliciting partnership applications from applicants seeking funding from the RVARC Housing Development Program. This grant funding provides for the actual production of new affordable and workforce housing units that can serve as a model for further development both within the Roanoke Valley-Alleghany Regional Commission service area (Planning District 5), as well as for other Planning Districts throughout Virginia. This includes rental and home-ownership units, new construction, acquisition/rehab/repair of existing vacant units, or adaptive reuse of existing structures to incorporate housing units.
Additionally, the funding seeks to increase the inventory of affordable housing units in underserved markets and among historically marginalized tenants and first-time homebuyers. The RVARC invites qualified vendors to submit proposals to perform a market rate housing demand analysis and development strategy.
Sealed applications will be received until 5:00 p.m., EST on March 18, 2022.
Corrections to the RFA
- First page of the PDF: revised second paragraph to reflect revised application deadline of Friday, March 18th, 2022 at 5:00 p.m.
- Page 3 of the document: revised first table to reflect Virginia Housing Multifamily Tax Subsidy Program Income Limits from April 2021.
- Page 10, Tie Breaking Criteria: (pages 6 and 8)