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This Solicitation opportunity from Massachusetts was posted on May 24, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

RFP Affordable Rental Housing Buy Down Program 2024 Round I

Closed
MAHT-2024-100State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 441110
New
International
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Capital Regional District

POSTED

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DEADLINE

in 16 days
NAICS: 441110
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Solicitation # 414449FC
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Procurement Department of San Diego County Regional Airport Authority

POSTED

1 day ago

DEADLINE

in about 1 month

AI Contract Overview

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The Town of Yarmouth is seeking proposals from qualified professionals to implement its Affordable Rental Housing Buy Down Program, aimed at subsidizing existing market-rate rental units with public funds to ensure they are deed-restricted affordable in perpetuity. The initiative focuses on creating high-quality affordable rental units that will be included in the town’s CH40B Subsidized Housing Inventory, thereby increasing affordable housing options for income-eligible residents. The program has a budget of $600,000, and interested parties can obtain the Request for Proposals (RFP) starting May 23, 2024, from the Town’s Department of Community Development. Proposals must be submitted by July 2, 2024, at noon, with late submissions not accepted. The RFP includes detailed minimum requirements and selection criteria, and the process is managed by the Town of Yarmouth under the Massachusetts state guidelines, with the opportunity to contribute to the town’s affordable housing goals through qualified development, property management, or project proposals.

General Info

Place of Performance

MA, USA

Set-Aside

NONE

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0

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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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AgencyMassachusetts → Town of Yarmouth
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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The Town of Yarmouth Municipal Affordable Housing Trust is seeking proposals from qualified consultants, developers, property management companies, and project proponents to implement the Affordable Rental Housing Buy Down Program where existing market-rate dwelling units are subsidized with public funds, deed restricted affordable in perpetuity, managed and maintained well, and rented to income eligible renters at an affordable rents. The goal is to create new, high quality Affordable Rental units in Yarmouth which will qualify for the Town’s CH40B Subsidized Housing Inventory. The program budget is $600,000. Copies of the Request for Proposals (RFP) may be obtained at the Town of Yarmouth Department of Community Development, 1146 Route 28, South Yarmouth, MA beginning at 8:30 am on May 23, 2024.  Contact the Department of Community Development at +1 (555) 000-0000 ext 1275 or document.write('mwaygan'+'@'+'yarmouth.ma.us')For security reasons, you must enable JavaScript to view this E-mail address. to request a copy. Minimum requirements and selection criteria are included and detailed in the RFP.  Proposals must be received at the Town of Yarmouth Department of Community Development, 1146 Route 28, South Yarmouth, MA by 12 noon on July 2, 2024.  Late submissions will not be accepted.

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