HOUSING DEVELOPERS.
| Location: | Minnesota |
|---|---|
| Posted: | Apr 8, 2025 |
| Due: | Apr 21, 2025 |
| Agency: | League of Minnesota Cities |
| Type of Government: | State & Local |
| Category: |
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| Publication URL: | To access bid details, please log in. |
HOUSING DEVELOPERS. The City of Albert Lea is seeking proposals from developers to purchase city-owned lots and build diverse housing. The city aims to create neighborhood-integrated housing with varied designs, emphasizing quality over set purchase prices. Incentives include a $5,000 rebate for design standards and $5,000 rebate for water and sewer connections, with potential Tax Increment Financing for transformative projects. Developers are responsible for due diligence and pre-development costs. The city will select developers based on criteria like tax impact, housing needs, and developer experience. The full RFP can be accessed on the city’s website . The deadline for proposals is April 21, 2025. Contact City Manager Ian Rigg at irigg@ci.albertlea.mn.us or 507-377-4330 with questions.
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