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Delray Beach CRA adds construction-assistance and buyer-subsidy language to workforce/affordable housing RFPs
Summary
The CRA approved revised RFP language allowing proposers to request CRA funding assistance for development costs (architecture, permits, financing, infrastructure) and homebuyer subsidies; staff said assistance would not be available to developers fulfilling workforce-housing obligations on other projects.
The Delray Beach CRA voted to authorize revised request-for-proposal language for the disposition of CRA-owned vacant lots intended for workforce and affordable housing. The new language allows proposers to request CRA funding assistance, subject to availability, for development costs such as architectural and engineering services, construction permits and impact fees, construction financing, and right-of-way or infrastructure work required by the…
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