We are one of the lead agencies for equitable and affordable housing development for the City of Concord and its residents.
WeBuild Concord (WeBuild) is seeking real estate properties to purchase to build or rehab single and multi-family affordable housing units for households earning between 30-80 percent of the area median income. Property offerings should be located within Concord, North Carolina (Cabarrus County) and zoned appropriately for residential or mixed-use. Proposals should be submitted by 12:00 pm EST, June 24, 2022. Submissions received after the initial deadline will be considered as needed.
According to a 2019 Housing Study and recent data during the pandemic, Concord is approximately 3,000 to 5,000 units short of the affordable housing needed to serve populations that earn between 30 to 80 percent of the area’s median income. The City of Concord and its citizens established WeBuild (formerly Concord Family Enrichment Association) to address this growing problem. Many teachers, government employees, service industry workers, students, the elderly, and disabled individuals fall into these categories. Housing determines an individual’s proximity to jobs, education, amenities, and economic development. Thus, housing plays a critical role in our ability to compete as a region.
WeBuild supports the stabilization of neighborhoods and wealth development through affordable housing development. At least 70 percent of our developments focus on homeownership, while other developments provide rental housing to vulnerable and aspiring populations. These homes will create more significant opportunities for families, employees, and youth in the Concord area.
The properties acquired from the RFP will be used to develop single and multi-family homes with qualities that match and enhance existing neighborhoods. Because we believe in affordability, dignity, and quality, we build all our homes at level 2 construction or above.
The funding for this request comes from the American Rescue Plan Act through Cabarrus County. The following requirements must be met.
Proposals or listings are due by 12:00 pm EST, Friday, June 24, 2022. Proposals should be submitted electronically in PDF format or link to the listing to info@webuildconcord.org.
Please place the following in your email subject line: “RFP: Property.”
Proposals received after the due date will be considered on an ongoing basis as needed.
WeBuild reserves the right to negotiate pricing and terms with property owners or brokers.
The following information should be included with your proposal or accessible through your link:
Please specify the name, number, and contact information to arrange site visits.
WeBuild representatives will review and analyze responses and conduct additional due diligence.
We will evaluate the following:
We expect properties to satisfy additional due diligence.
WeBuild Concord
4 Barbrick Ave SW
Suite 10
Concord, NC 28025
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