Neighborhood Partnerships (NP) and Oregon Housing and Community Services (OHCS) are pleased to announce a Request for Proposals (RFP) to fund continuing Oregon IDA Program services for the 2024-25 program year. These funds are made possible through the sale of the 2023 Oregon IDA Tax Credit.
NP and OHCS will be accepting proposals from current Fiduciary Organizations (FOs). A full list of current FOs can be found here.
2024 IDA Total Funding Amount
Initiative partners are aware that the total funding amount for this RFP will be a sharp decline in funding as compared to recent years. The final amount to grant as part of this RFP will be determined after March 1st, to consider all IDA tax credit donations received through the end of February 2024. IDA tax credit donations made on or after March 1st, 2024 will be incorporated into a future round of funding. If additional funds are allocated to the IDA Initiative through the 2024 legislative session, they will not be awarded as part of this RFP.
2024 RFP Timeline
- RFP released 1/16/2024
- FO Meeting 1/18/2024
- RFP Submissions due 2/23/2024, 5pm PT
- 2023 IDA Tax Credit available funds assessment 2/29/2024
- RFPs review complete and 2024-25 funding to OHCS for approval 3/8/2024
- 2024 Awards announced 3/29/2024
- 2024 Program year begins, enrollment under new award begins 4/1/2024
- Workplan development 4/1-4/30/24
- Contracts finalization 5/2-5/31/24
How to submit the 2024 IDA Request for Proposals
Use the RFP Submission Portal which will require the following steps:
- Answer the required RFP questions. A “2024 RFP questions only (word doc)” will be available for download to support your process.
- Download, complete, and submit the “2024 RFP IDA Program Budget”
Please find links below to the following resources:
Submissions are due by 2/23/2024 at 5pm PT
Questions?
Please contact Luke Bonham, IDA Program Manager at lbonham@neighborhoodpartnerships.org