Community Development Funding Opportunities

Bid Opportunity - Rehab of 4221 Greencastle Court

The City of Raleigh's Housing and Community Development Department announces the bid opportunity for the Rehab of 4221 Greencastle Court Project. This rehab will generally consist of the following major items: mechanical, plumbing, electrical, sheetrock, painting, windows and exterior stairs. 

A Non-Mandatory Pre-Bid Meeting will be held on September 2, 2025, at 2 p.m. (EST) at 4221 Greencastle Court, Raleigh, NC 27604.

Please see website link below to view the bid package and see further details regarding this Bid Opportunity.

• Bid Opportunity – 4221 Greencastle Court

Bid Deadline

Sealed Bids will be received until September 26, 2025, at 2 p.m. (EST) at 421 Fayetteville St, Suite 1200, Raleigh, NC 27601, at which time and place bids will be publicly opened and read aloud for the Rehab of 4221 Greencastle Court Project. 

Questions?

Contact John Duncan, Rehab Specialist, for questions regarding this bid. He can be reached at john@triangleconstruction.net

City Contact: Nicholas Bambino, Redevelopment Coordinator, nicholas.bambino@raleighnc.gov

Request for Proposals (RFP) - Duplex Village Redevelopment

The City of Raleigh is soliciting proposals for the development of sustainably built rental housing, including affordable units, on a 3.91-acre city-owned lot. This property will be made available through a long-term ground lease.  

To be considered, proposals must set aside at least 20 percent of the total units within the development as affordable rental units to low-income households earning no more than 60 percent of the Area Median Income (AMI).  

View the RFP and other important documents below:

• Duplex Village RFP
• Duplex Village RFP Application Proforma
• Checklist Item - Exception to the RFP Form
• Checklist Item - Proposer Questionnaire Form
• Checklist Item - Reference Questionnaire Form
• Duplex Village Pre-Proposal Presentation 

The City is hosting a non-mandatory virtual (Microsoft Teams) Pre-Proposal Conference on August 11, 2025, at 2 p.m. for prospective proposers, see RFP for complete details and schedule of events related to this competitive solicitation.  

How to Apply

Submit your RFP no later than Friday, October 17, 2025, by 5 p.m. (EST) via email to Angelina.Blackmon@raleighnc.gov with the subject line "Duplex Village Redevelopment RFP Proposal Submission – 'Your Organization Name'" 

CLOSED: Notice of Funding Availability (NOFA) - Affordable Rental Development Program

The City of Raleigh’s Housing & Neighborhoods Department announces the availability of funds under the City’s Rental Development Program for qualified developers to submit proposals for the new construction, acquisition, and/or rehabilitation of affordable multifamily rental units. Funds are available from local funding sources such as the 2020 Affordable Housing Bond as well as federal HOME funds. Please see the Notice of Funding Availability document below for further detail.

• NOFA - Gap Financing Rental Development Program

Approximately $15 million in affordable rental development gap financing is available. Rental units assisted with these funds must be affordable to households with incomes at or below 80 percent of the Area Median Income (AMI). Please view the NOFA for application deadlines, schedules, and information about eligible projects. 

Please note: Applications will only be accepted through the City's online application portal, Neighborly Software. To get started, visit the online portal and register for a new account. Hard-copy or emailed applications will not be accepted.