Community Planning & Economic Development

Phone: (612) 673-5095
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Green Homes North Developer Resources

Request for Proposals and Developer Selections

The Round 6 request for proposals was released on June 1, 2016 with proposals for lot selection due on June 10-15, 2016 and proposals due at noon on Friday July 1, 2016. The program funds will assist developers with development gap financing for new construction. Green Homes North is funded by the Minnesota Housing Finance Agency and the City of Minneapolis and 4%-5% loans available from the Twin Cities Community Land Bank. CPED offered over five million dollars in funding for 84 new green homes in the first five funding rounds. CPED will offer over one million in funding for the sixth funding round.

Note: The development gap maximum has been increased from $60,000 to $70,000.

Developers may submit lot selection proposals between June 10 – June 15, 2016.

Green Homes North 6 Request for Proposals

  *Developer to provide in the proposal.
**If not on file with Minneapolis Department of Civil Rights

Green Homes North lots and prices must be confirmed with the identified project coordinator. All proposals must have a minimum of three lots selected and prioritized, with a rationale for each ranking. Notify Cherie Shoquist of interest in Green Homes North properties. Developers will identify intended lots by June 10-15, 2016 to be finalized for proposals due July 1, 2016.

Green Homes North Round 6 Eligible Lot List (pdf)

Green Homes North Round 6 Eligible Lot Interactive Map

Green Homes North Program Resources

Contact

Cherie Shoquist, Principal Project Coordinator at 612-673-5078.

 

Last updated Jun 11, 2016