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
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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.
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Place of Performance
MA, USASet-Aside
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Timeline
Submission Closed
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