REQUEST FOR PROPOSAL FOR THE CITY OF LAKELAND RENTAL DEVELOPMENT INCENTIVE PROGRAM 2023 ReBid

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<p style="margin: 0in 5.7pt 0in 5pt; text-align: justify; font-size: 11pt;"><span style="font-size: 12.0pt;">The City of Lakeland is seeking proposals for developers for the development of affordable multi-family housing within the City of Lakeland city limits.&nbsp; The city of Lakeland will provide gap funding up to $1,000,000 maximum per development.&nbsp;&nbsp; </span><p style="margin: 0in 5.7pt 0in 5pt; text-align: justify; font-size: 11pt;"><span style="font-size: 12.0pt;">&nbsp;</span><p style="margin: 0in 5.7pt 0in 5pt; text-align: justify; font-size: 11pt;"><span style="font-size: 12.0pt;">The City of Lakeland is soliciting Request for Applications (RFA) from developers for the development of quality, affordable housing throughout the City of Lakeland of which at minimum of 20% of the total units benefit low-income households up to 80% of the Area Median Income (AMI).&nbsp;&nbsp;&nbsp;&nbsp; </span><p style="margin: 0in 5.7pt 0in 5pt; text-align: justify; font-size: 11pt;"><span style="font-size: 12.0pt;">&nbsp;</span><p style="margin: 0in 5.7pt 0in 5pt; text-align: justify; font-size: 11pt;"><span style="font-size: 12.0pt;">The purpose of this (RFA) is to select qualified developers with proven experience, financial </span><span style="font-size: 12.0pt;">resources and professional expertise to develop, market and rent quality, affordably priced, multi-family rental units. </span>