{"id":2059,"date":"2026-03-10T04:48:05","date_gmt":"2026-03-10T04:48:05","guid":{"rendered":"https:\/\/www.prb.com.fj\/?post_type=tenders&#038;p=2059"},"modified":"2026-03-10T04:48:45","modified_gmt":"2026-03-10T04:48:45","slug":"expression-of-interest-01-2026-development-financing-partnership-at-the-namelimeli-green-affordable-housing-project-navua","status":"publish","type":"tenders","link":"https:\/\/www.prb.com.fj\/index.php\/tenders\/expression-of-interest-01-2026-development-financing-partnership-at-the-namelimeli-green-affordable-housing-project-navua\/","title":{"rendered":"EXPRESSION OF INTEREST 01\/2026 DEVELOPMENT FINANCING PARTNERSHIP AT THE  NAMELIMELI GREEN AFFORDABLE HOUSING PROJECT \u2013 NAVUA"},"content":{"rendered":"<p><strong><u>EXPRESSION OF INTEREST 01\/2026<\/u><\/strong><\/p>\n<p><strong><u>DEVELOPMENT FINANCING PARTNERSHIP AT THE <\/u><\/strong><\/p>\n<p><strong><u>NAMELIMELI GREEN AFFORDABLE HOUSING PROJECT \u2013 NAVUA<\/u><\/strong><\/p>\n<ol>\n<li><strong> Invitation to Submit Proposals<\/strong><\/li>\n<\/ol>\n<p>The Public Rental Board (the \u201cBoard\u201d) is established by the Housing (Amendment) Decree 1989 and is mandated to provide affordable rental and titled housing to low-income families in Fiji. The Board hereby invites <strong>proposals from qualified financial institutions in Fiji<\/strong>\u00a0to provide <strong>development financing and\/or structured financing partnerships<\/strong>\u00a0for the <strong>Namelimeli Green Affordable Housing Development Project located in Navua.<\/strong><\/p>\n<p>This Request for Proposals (RFP) follows an Expression of Interest process and seeks detailed financing proposals from institutions capable of supporting affordable housing development integrated with green infrastructure and climate-resilient technologies.<\/p>\n<ol start=\"2\">\n<li><strong> Project Overview<\/strong><\/li>\n<\/ol>\n<p>The Namelimeli Green Affordable Housing Development is a proposed <strong>sustainable residential subdivision located on approximately 10 acres of land at Namelimeli in Navua.<\/strong><\/p>\n<p>The development will provide <strong>47 affordable residential homes<\/strong>\u00a0designed for <strong>low-income households earning less than FJD $30,000 annually.<\/strong><\/p>\n<p>The project integrates renewable energy systems, sustainable water management, and climate-resilient infrastructure.<\/p>\n<ol start=\"3\">\n<li><strong> Key Project Details<\/strong><\/li>\n<\/ol>\n<table width=\"630\">\n<tbody>\n<tr>\n<td width=\"218\"><strong>Item<\/strong><\/td>\n<td width=\"404\"><strong>Description<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"218\">Project Location<\/td>\n<td width=\"404\">Namelimeli, Navua<\/td>\n<\/tr>\n<tr>\n<td width=\"218\">Land Area<\/td>\n<td width=\"404\">10 Acres<\/td>\n<\/tr>\n<tr>\n<td width=\"218\">Total Residential Lots<\/td>\n<td width=\"404\">47<\/td>\n<\/tr>\n<tr>\n<td width=\"218\">Lot Size<\/td>\n<td width=\"404\">800 m\u00b2<\/td>\n<\/tr>\n<tr>\n<td width=\"218\">Housing Unit Size<\/td>\n<td width=\"404\">70 m\u00b2<\/td>\n<\/tr>\n<tr>\n<td width=\"218\">Housing Type<\/td>\n<td width=\"404\">Incremental housing<\/td>\n<\/tr>\n<tr>\n<td width=\"218\">Target Market<\/td>\n<td width=\"404\">Low-income households (&lt; $30,000 income)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Each housing unit will be sold for approximately <strong>FJD $120,000<\/strong>, including the <strong>Government First Home Ownership Grant of $30,000 for eligible buyers.<\/strong><\/p>\n<ol start=\"4\">\n<li><strong> Green Development Components<\/strong><\/li>\n<\/ol>\n<p>The development incorporates multiple environmentally sustainable initiatives designed to support Fiji\u2019s climate adaptation and green development goals.<\/p>\n<p>Key features include:<\/p>\n<ul>\n<li>Solar photovoltaic systems installed on each home<\/li>\n<li>1000-liter rainwater harvesting tanks<\/li>\n<li>Greywater recycling systems for garden irrigation<\/li>\n<li>Household vegetable and fruit gardens<\/li>\n<li>Vetiver grass erosion control along drainage channels<\/li>\n<li>Sustainable drainage systems<\/li>\n<li>Cyclone-resilient housing construction<\/li>\n<li>Tree planting and biodiversity enhancement<\/li>\n<li>Organic waste composting programs.<\/li>\n<\/ul>\n<p>These features support eligibility for <strong>green financing and climate-related grant funding.<\/strong><\/p>\n<ol start=\"5\">\n<li><strong> Project Value<\/strong><\/li>\n<\/ol>\n<ul>\n<li>Estimated development cost:<\/li>\n<\/ul>\n<p><strong>FJD $5.2 million<\/strong><\/p>\n<ul>\n<li>Projected project revenue:<\/li>\n<\/ul>\n<p><strong>FJD $5.64 million<\/strong><\/p>\n<ol start=\"6\">\n<li><strong> Financing Requirements<\/strong><\/li>\n<\/ol>\n<p>The project seeks a financing partner to provide approximately:<\/p>\n<p><strong>FJD $5,000,000 in development financing.<\/strong><\/p>\n<p>The financing facility will primarily support:<\/p>\n<ul>\n<li>land development and subdivision<\/li>\n<li>internal road and drainage infrastructure<\/li>\n<li>housing construction<\/li>\n<li>renewable energy installation<\/li>\n<li>environmental infrastructure components.<\/li>\n<\/ul>\n<p>Green development grants will be pursued separately to support climate infrastructure elements.<\/p>\n<ol start=\"7\">\n<li><strong> Financing Partnership Models<\/strong><\/li>\n<\/ol>\n<p>Financial institutions may propose one or more of the following financing structures:<\/p>\n<ul>\n<li>Development loan facility<\/li>\n<li>Structured housing development financing<\/li>\n<li>Joint development financing partnership<\/li>\n<li>Green finance facility<\/li>\n<li>Blended finance structures incorporating climate funding.<\/li>\n<\/ul>\n<p>Institutions are encouraged to propose financing structures that improve <strong>affordability and sustainability outcomes.<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<ol start=\"8\">\n<li><strong> Eligibility<\/strong><\/li>\n<\/ol>\n<p>Proposals are invited from:<\/p>\n<ul>\n<li>Licensed commercial banks operating in Fiji<\/li>\n<li>Development finance institutions<\/li>\n<li>Green finance institutions<\/li>\n<li>Investment institutions with experience in housing development financing.<\/li>\n<\/ul>\n<ol start=\"9\">\n<li><strong> Proposal Requirements<\/strong><\/li>\n<\/ol>\n<p>Interested institutions should submit a proposal including:<\/p>\n<p><strong>Institutional Profile<\/strong><\/p>\n<ul>\n<li>Organization overview<\/li>\n<li>Relevant experience in housing or infrastructure financing.<\/li>\n<\/ul>\n<p><strong>Financing Proposal<\/strong><\/p>\n<ul>\n<li>Proposed financing structure<\/li>\n<li>Proposed loan amount or investment<\/li>\n<li>Interest rate or financing terms<\/li>\n<li>Loan tenure and repayment structure.<\/li>\n<\/ul>\n<p><strong>Project Financing Experience<\/strong><\/p>\n<ul>\n<li>Experience with housing development projects<\/li>\n<li>Experience with green financing or climate-related projects (if applicable).<\/li>\n<\/ul>\n<p><strong>Risk and Security Requirements<\/strong><\/p>\n<ul>\n<li>Proposed security structure<\/li>\n<li>Risk sharing arrangements (if applicable).<\/li>\n<\/ul>\n<ol start=\"10\">\n<li><strong> Evaluation Criteria<\/strong><\/li>\n<\/ol>\n<p>Proposals will be evaluated based on the following criteria:<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"272\"><strong>Criteria<\/strong><\/td>\n<td width=\"176\"><strong>Weight<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"272\">Financing structure and terms<\/td>\n<td width=\"176\">35%<\/td>\n<\/tr>\n<tr>\n<td width=\"272\">Institutional experience<\/td>\n<td width=\"176\">25%<\/td>\n<\/tr>\n<tr>\n<td width=\"272\">Support for green development<\/td>\n<td width=\"176\">20%<\/td>\n<\/tr>\n<tr>\n<td width=\"272\">Financial competitiveness<\/td>\n<td width=\"176\">20%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ol start=\"11\">\n<li><strong> Submission Deadline &amp; Format<\/strong><\/li>\n<\/ol>\n<p>Proposals labelled <strong>\u201cEOI 01\/2026 \u2013 Development Financing Partnership at Namelimeli\u201d <\/strong>must be uploaded to the PRB portal: <a href=\"http:\/\/www.prb.com.fj\">www.prb.com.fj<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Addressed to:<\/strong> The General Manager, Public Rental Board, P.O. Box 5275, Raiwaqa.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Deadline:<\/strong> Submissions must be: <strong>no later than 3pm, 20<sup>th<\/sup> March 2026.<\/strong><\/p>\n<p>(late submissions may not be considered).<\/p>\n<p>&nbsp;<\/p>\n<p>For further information and registration of interest, please contact: Maloni Daurewa on 8360275 or email: <a href=\"mailto:tenders@prb.com.fj\"><strong>tenders@prb.com.fj<\/strong><\/a><\/p>\n<ol start=\"13\">\n<li><strong> Clarifications<\/strong><\/li>\n<\/ol>\n<p>Requests for clarification regarding this EOI may be directed to Mr Maloni Daurewa on 8360275 or email: <a href=\"mailto:tenders@prb.com.fj\"><strong>tenders@prb.com.fj<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Additional project information, including conceptual site plans and financial projections, may be provided upon request.<\/p>\n<ol start=\"14\">\n<li><strong> Confidentiality<\/strong><\/li>\n<\/ol>\n<p>All information provided by the project developer must be treated as confidential and used solely for the purpose of preparing proposals under this EOI (RFP).<\/p>\n<ol start=\"15\">\n<li><strong> Disclaimer<\/strong><\/li>\n<\/ol>\n<p>The issuance of this Request for Proposals through EOI does not constitute a commitment to enter into a financing agreement. The Board reserves the right to:<\/p>\n<ul>\n<li>accept or reject any proposal<\/li>\n<li>negotiate with one or more institutions<\/li>\n<li>cancel or modify the RFP process.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","tender_category":[],"class_list":["post-2059","tenders","type-tenders","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EXPRESSION OF INTEREST 01\/2026 DEVELOPMENT FINANCING PARTNERSHIP AT THE NAMELIMELI GREEN AFFORDABLE HOUSING PROJECT \u2013 NAVUA - Public Rental Board<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.prb.com.fj\/index.php\/tenders\/expression-of-interest-01-2026-development-financing-partnership-at-the-namelimeli-green-affordable-housing-project-navua\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EXPRESSION OF INTEREST 01\/2026 DEVELOPMENT FINANCING PARTNERSHIP AT THE NAMELIMELI GREEN AFFORDABLE HOUSING PROJECT \u2013 NAVUA\" \/>\n<meta property=\"og:description\" content=\"EXPRESSION OF INTEREST 01\/2026 DEVELOPMENT FINANCING PARTNERSHIP AT THE NAMELIMELI GREEN AFFORDABLE HOUSING PROJECT \u2013 NAVUA Invitation to Submit Proposals The Public Rental Board (the \u201cBoard\u201d) [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.prb.com.fj\/index.php\/tenders\/expression-of-interest-01-2026-development-financing-partnership-at-the-namelimeli-green-affordable-housing-project-navua\/\" \/>\n<meta property=\"og:site_name\" content=\"Public Rental Board\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/prb.fiji\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-10T04:48:45+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.prb.com.fj\/index.php\/tenders\/expression-of-interest-01-2026-development-financing-partnership-at-the-namelimeli-green-affordable-housing-project-navua\/\",\"url\":\"https:\/\/www.prb.com.fj\/index.php\/tenders\/expression-of-interest-01-2026-development-financing-partnership-at-the-namelimeli-green-affordable-housing-project-navua\/\",\"name\":\"EXPRESSION OF INTEREST 01\/2026 DEVELOPMENT FINANCING PARTNERSHIP AT THE NAMELIMELI GREEN AFFORDABLE HOUSING PROJECT \u2013 NAVUA - 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