Coming Soon - Developer Registry!
DHCD plans to establish a Registry of Developers who are pre-qualified to work in designated Impact Investment Areas (IIAs). This registry is sought to enhance the organization's agility, efficiency, and ability to deliver redevelopment projects quickly and consistently.
IIAs are neighborhoods that offer near-term opportunities to achieve inclusive, economically sustainable growth supported by a comprehensive multi-agency City strategy and significant public investments. They are located strategically near anchor institutions, major redevelopments, and recent neighborhood investments. As these areas stabilize and grow, they will serve as strong community assets that will help fuel subsequent transformational development in adjacent communities.
DHCD's plan to maintain a registry of pre-qualified developers is a strategic move that will offer several significant benefits:
- Efficient project staffing - having a pre-screened list of developers readily available can help us quickly identify and select developers based on project requirements, saving time and effort.
- Faster project kickoff - with a registry at our disposal, we can initiate projects more quickly.
- Cost-effective resource management - with a registry, we can optimize resource management.
- Flexibilty and scalability - a registry provides flexibility to scale a development team based on project demands.
- Relationship building - a registry serving specific IIAs can foster strong relationships and collaboration with the community they are serving.
Two RFQs were issued on Septemer 13, 2024, for interested applicants. LEARN MORE