Solicitation for Harris County - Hardy Yards Development
Harris County Housing Finance CorporationC/O Harris County Housing & Community Development
1111 Fannin St 9th Floor
Houston, Texas 77002
July 29, 2025
Published by:
Harris County Housing Finance Corporation
Solicitation for Harris County - Hardy Yards Development
Project Summary
The Hardy Yards Workforce Housing Project is a catalyticmixed-use development opportunity led by the Harris County Housing FinanceCorporation (HCHFC). Located at 800 Burnett Street in Houston’s Near Northside,the project will transform a 4.1-acre tract into a vibrant, transit-orientedcommunity. The development allows for either (1) a LIHTCaffordable-mixed income rental model (min. 250 units), or (2) a workforcehousing model under House Bill 21 (2025), which may not use tax credits aswell as 30,000 square feet of ground-floor retail/commercial space, withdirect access to METRO light rail and bus lines.
The project is part of a broader multi-phase vision for the10.679-acre Hardy Yards site, which includes future commercial, residential,and transit-integrated development. With walkable connections to UH Downtown,the Heights Hike & Bike Trail, and Buffalo Bayou greenways, the site ispositioned to become a hub of inclusive, sustainable urban living. HCHFC seeksa development partner to help realize this vision through innovative design,financing, and execution strategies.
Executive Summary
On behalf of the Harris County Housing Finance Corporation(“HCHFC”), instrumentality and public non-profit corporation created byHarris County in 1980, CBRE is pleased to issue this solicitation invitinginterested parties (“Proposers”) to submit a Statement of Qualifications (Step1 – RFQ) and Proposals (Step 2 – RFP) for the development, financing, andconstruction of a mixed-use, multi-phase workforce housingproject on a site owned by HCHFC at 800 Burnett Street in Houston,Texas. The Project is intended to fulfill HCHFC’s mission of deliveringhigh-quality, affordable housing through an innovative execution model, withthe selected Proposer serving as the long-term ground lessee and developmentpartner.
The Project will serve as a catalyst for equitable development in the Near Northside neighborhood, delivering at least 200 units of affordable workforce rental housing and 30,000 square feet of ground-floor retail/commercial space. The development will be part of a broader master plan that includes shared green space, transit connectivity, and future phases of residential and commercial development.
To identify the most suitable development partner(s), HCHFC is executing a two-step qualifications and proposal process. HCHFC has taken significant steps to reduce predevelopment risk for potential partners, including acquiring the site using ARPA SLFRF funds, completing due diligence, and engaging Gensler Architects and EHRA Engineering to prepare preliminary site plans and conceptual designs. These efforts are intended to streamline the development process and support a successful execution of the Project.
The selected partner will be expected to enter into a limited partnership with an HCHFC affiliate, ground lease the property, and deliver a turn-key development that meets HCHFC’s affordability, design, and sustainability goals. The Project should reflect a commitment to high-quality construction, long-term affordability, and integration with the surrounding community.
HCHFC encourages Proposers to submit a qualifications packet in Phase 1 and engage with HCHFC and CBRE to explore this opportunity. In Phase 2, selected respondents will be invited to submit proposals, provide design and financial feedback, and participate in interviews and site tours. HCHFC welcomes creative, inclusive, and financially sound proposals that advance its vision for a vibrant, mixed-use community at Hardy Yards.
Solicitation Schedule
Tours by appointment only. Please do not enterproperty without permissions of CBRE.
| Process Steps | Date |
Request for Qualifications Release
| July 29, 2025 |
| Deadline for Questions | August 12, 2025 to [email protected],CC [email protected] and [email protected]. Answers will beposted on the HCHFC Website: https://harriscountyhfc.org/ via addendum aswell as this landing page hardy-yards.com |
| Step 1 – Qualifications Packet Due | September 9, 2025 by 2:00PM CST to [email protected] and CC [email protected] and [email protected]. |
| Review and Identification of Qualified Respondents | September 22, 2025 |
| Step 2 – Request for Proposal Release | September 29, 2025 |
| Pre-submittal Conference | October 7, 2025 |
| Proposals Due | |
| Interviews | November 18, 2025 |
| HCHFC Board of Directors Selection | [TBD] |
| Exclusive Negotiation Period | January 2026 – June 30, 2026 |
| Closing Deadline (ARPA / Ground Lease) | December 31, 2026 |
| Construction Completion | December 31, 2028 |
For more details about the Hardy Yards Development, visit: https://www.cbredealflow.com/handler/modern.aspx?pv=z94So9nAqNIVQ2gLy5SmS6XYSONvoVV21ZFPRIM4ABA#_top