Request for Expressions of Interest

The Holyoke Redevelopment Authority (HRA) is soliciting Expressions of Interest from potential partners interested in developing an affordable homeownership project in South Holyoke.

As articulated in Holyoke’s Urban Renewal Plan, the development goals of South Holyoke include a priority for affordable homeownership. The HRA envisions a transformative project to provide more housing opportunities and allow current residents to have a long-term stake in the neighborhood. The proposed project site includes 26 vacant parcels totaling 2.26 acres around Carlos Vega Park, which would entail new construction for infill development

The HRA is seeking to learn from entities, and/or negotiate and partner with entities that could play a critical role in the completion of a project of this scale. This includes any and all public or private sector entities in areas including but not limited to:

  • Leading housing developments from predevelopment to occupancy
  • Preferential financing and lending
  • Technical assistance and know-how
  • Mission-driven foundation funding or other foundation support
  • Aggregation and layering of incentives, tax credits, grants and general project financing

The HRA encourages submissions of expressions of interest by January 10th, 2018. For more information, please see the Request for Expressions of Interest and the findings of predevelopment work for the project.