Now open: Request-for-proposal process for development partner in mixed-income housing project at 30 Lauris Avenue, Cambridge
Request for Proposal now open until November 15, 2024
The Region of Waterloo is currently seeking proposals for a mixed-income housing development to support the creation of affordable homes at 30 Lauris Avenue, Cambridge.
On October 7th, 2024, a Request for Proposal (RFP) was released on the Region's Bids & Tenders page (Bids and Tenders - ROW). The Request for Proposal seeks a qualified developer for the development and management of affordable rental housing for low to moderate income households. 30 Lauris Avenue will be maintained in Regional ownership through a land lease for a term not less than 57 years. A timeline on development will be determined once a development partner is selected for the project.
View details here: https://regionofwaterloo.bidsandtenders.ca/Module/Tenders/en/Tender/Detail/910b5276-ea48-4e43-a132-0f09b9c4c43b
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