REQUEST FOR PROPOSALS - ELM STREET COMMONS

The City of Anaheim - Housing & Community Development has issued solicitation (attach a document) - rfq only, solicitation DEV2026-RFP0002.

The Anaheim Housing Authority ("Authority") is soliciting proposals from qualified affordable housing developers ("Developers") to acquire, through a long-term ground lease, the Elm Street Commons affordable multifamily rental housing development located at 111–125 West Elm Street, Anaheim, California ("Project"). The selected Developer will partner with the Authority to preserve long-term affordability and stabilize the property. The Project is a 52‑unit, 100% affordable rental community currently restricted to households earning 30%–60% of Area Median Income (AMI). The Authority recently acquired control of the property to prevent foreclosure, stabilize operations, and preserve affordability. The Authority intends to transfer long‑term operational responsibility to a qualified Developer with demonstrated expertise in affordable housing preservation.

Elm Street Commons was originally developed in 2006 with Redevelopment Agency financing and Low-Income Housing Tax Credits. Over time, the property experienced operational and financial challenges that threatened its long-term stability. Following a strategic default by the former ownership entity, the Authority exercised its option to assume ownership. It purchased the outstanding mortgage loan using Low and Moderate Income Housing Asset Funds, preventing foreclosure and protecting residents and affordability restrictions.

Responses are due October 30, 2026 at 11:59 PM PDT.

Questions must be submitted by September 11, 2026 at 11:59 PM PDT.

A non-mandatory pre-proposal conference is scheduled for August 28, 2026 at 10:00 AM PDT at https://us06web.zoom.us/webinar/register/WN_FB-7tomoQWSN2deO5vmGRg.

Commodity categories: Real Estate/Property Management; Real Estate/Property Management; Real Estate: Land and Improvements; Building Construction Services, New (Incl. Maintenance And Repair Services); Building Construction, Residential (Apartments, etc.); Land Development and Sub-Division Services; Maintenance and Repair, Residential Buildings (Incl. Single Family Homes and Apartments); Building Maintenance, Installation And Repair Services.

Contact: Sandra Viramontes, Senior Project Manager (sviramontes@anaheim.net, (714) 765-4327).

5 documents are attached to the notice: Exhibit A_Rent Roll_Redacted; Exhibit B_PCA Report; Exhibit C_Service Contracts; Exhibit D_Regulatory Agreements; Dev2026-RFP-002 - Elm Street Commons.

The full solicitation document, addenda and the question-and-answer thread are on the agency's OpenGov portal at https://procurement.opengov.com/portal/anaheim/projects/292103. Responses are submitted electronically there, and a free vendor account is required before you can upload one.