Below Market Rate Accessory Dwelling Unit Loan Program "Foster City Affordable ADU Program" (RFP)
Foster City, City of - Public Works Dept.
Foster City is seeking a firm to administer a below market rate ADU loan program for affordable housing.
Reference No.
RFP-2025-3128
Category
Finance/Accounting
Due Date
February 20th, 2026
Description
Seeking qualified firms interested in administering and delivering the City’s Below Market Rate (BMR) Accessory Dwelling Unit (ADU) Loan Program known as the “Affordable ADU Program” (“Program”). Through this program, eligible homeowners can access interest-free financing in exchange for renting their ADUs to low- income households for ten years.
Q&A deadline is on February 13, 2026.
This solicitation has some or all Local funding, additional requirements may apply.
Key Requirements
RFP Submission Requirements for Foster City ADU Program
Contact Information
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- Latest RFP PDF
- Buyer contact sheet
- Submission checklist
- Any addenda links