Municipal Rental Housing Search III

The Town of Nantucket Housing Department is soliciting proposals under RFP 2026-AHT-0425 from local property owners to provide year-round rental housing for municipal and contract employees. Conducted in accordance with Massachusetts General Law Chapter 30B Section 16, the contract term runs from October 2026 through September 2027, with potential renewal options for up to two additional years. Proposals must be submitted electronically via the Town's e-Procurement portal by September 23, 2026. Selection is based on a multi-stage process where the Town identifies the most advantageous proposals considering availability, property condition, value relative to the market, and proximity to public transportation and essential services. Highly advantageous properties are those available for at least one year, in excellent condition, priced below market, and located within 0.50 miles of key services and transit, with on-site parking equivalent to one car per bedroom. Qualified applicants must provide proof of ownership, a Certificate of Occupancy, and homeowners liability insurance from a carrier with a Best Rating of A or better. Required documentation includes a Tax Compliance Certification, a Certificate of Non-Collusion, a W-9 form, and proof of financial stability. The agreement utilizes a standard sample lease that includes a security deposit equivalent to one month's rent and mandates compliance with Commonwealth of Massachusetts laws. Final awards are subject to the approval of the Finance Director, Town Counsel, and the Select Board.