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This Solicitation opportunity from California was posted on June 1, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Request for Proposals (RFP) for Asset Management Services

Closed
2026-RFP-00540State & Local

Contract Overview

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The San Mateo County Department of Housing (DOH) is seeking proposals for asset management services to support its extensive portfolio of affordable multifamily housing projects across the county. This portfolio includes approximately 100 developments that fall into two primary categories: County-Funded Properties and County-Owned Properties. County-Funded Properties are housing projects that have received funding through various federal, state, and local programs such as loans, grants, and tax credits, with DOH holding regulatory agreements and financial instruments to ensure ongoing affordability and compliance. County-Owned Properties consist of a smaller subset directly owned by the County, requiring active oversight of property operations, site conditions, financial reporting, and compliance with ground leases. The Request for Proposals (RFP) issued by the Department of Housing aims to secure qualified asset management services to monitor the financial health, regulatory compliance, and operational performance of these properties. With a response deadline set for late June 2026, the contract targets organizations capable of managing the complexities of affordable housing asset oversight in one of the nation's most expensive housing markets. Key contacts for this solicitation include Christina Kim, a Housing and Community Development Specialist III, and Douglas Frederick, a Housing Program Manager, both based in Redwood City, California. The engagement reflects DOH’s ongoing efforts to preserve and expand affordable housing through effective portfolio management and regulatory enforcement.

General Info

San Mateo County seeks asset management services for 100 affordable multifamily housing projects.

Agency

California → Department of HousingView Agency

NAICS

531311 - Residential Property ManagersView NAICS

Place of Performance

CA, USA

Set-Aside

NONE

Documents

(4)

San Mateo County DOH RFP for Asset Management Services 2026

PDFrfp

RFP 2026-RFP-00540 Asset Management Services San Mateo County

PDFrfp

Standard Contract Template Over $200K Draft - San Mateo County

DOCX20 pagescontract-document

Standard Contract Template Under $200K Draft - San Mateo County

DOCX20 pagescontract-document

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyCalifornia → Department of Housing
Contacts2 people available
OfficeRedwood City, CA, 94063, USA
Organization / Agency
California → Department of Housing
View Agency Profile
Office AddressRedwood City, CA, 94063, USA
Contacts
Christina KimHousing and Community Development Specialist III
Douglas FrederickHousing Program Manager

Interested Companies (13)

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Psomas
Tacoma, WA
The Concourse Group
Annapolis, MD
Artin
Irvine, CA

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Full Description

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About the Department of Housing The San Mateo County Department of Housing is made up of two primary divisions: Housing and Community Development (HCD) and the Housing Authority of the County of San Mateo (HACSM). DOH administers a range of federal, state, and local housing programs designed to expand and preserve affordable housing in one of the nation's most costly housing markets. DOH deploys funding through loans, grants, and other financing tools to nonprofit and for-profit developers of affordable housing. DOH also directly owns a small portfolio of properties and holds long-term ground leases and regulatory agreements on projects it has funded. DOH Portfolio Overview The Department of Housing (DOH) oversees a multifamily affordable housing portfolio of approximately 100 projects across San Mateo County. DOH's asset management responsibilities encompass two categories of properties: County-Funded Properties: Affordable housing developments that have received DOH loans, grants, HOME Investment Partnerships Program (HOME) funds, Community Development Block Grant (CDBG) funds, Measure K or other local housing funds, or Low-Income Housing Tax Credit (LIHTC) equity facilitated through County participation. DOH holds regulatory agreements, deed restrictions, promissory notes, and/or deeds of trust on these properties and must monitor them for continued affordability, financial health, and regulatory compliance throughout the term of the restriction period. County-Owned Properties: A small number of properties in which the County holds a direct ownership interest, including but not limited to sites acquired through Homekey or other state programs. These properties require active ownership-level oversight, including review of operator performance, site conditions, financial reporting, and ground lease compliance. The total portfolio is subject to change as new projects are funded or acquired.

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