How to bid on Malden Vacant Properties Program NOFA from the City of Malden

What the City of Malden is buying

The City of Malden is looking for housing developers to acquire, rehabilitate, and sell vacant and blighted properties. The goal is to create affordable homes for income-eligible households. This initiative is funded by federal American Rescue Plan Act (ARPA) Local Fiscal Recovery funds.

This is an opportunity for non-profit housing developers, for-profit housing developers, and public housing authorities to contribute to affordable homeownership in Malden.

Key dates and deadlines

Proposals for this program are due by September 15, 2023. The overall program deadline is December 30, 2026, at 11:00 PM ET. It is important to submit your proposal by the September 15, 2023 date to be considered for this opportunity.

Who this opportunity suits

This opportunity is suitable for housing developers with experience in property acquisition, rehabilitation, and sales. Firms specializing in construction and real estate development, particularly those focused on affordable housing, will find this relevant. The City of Malden is specifically seeking proposals from non-profit housing developers, for-profit housing developers, and public housing authorities.

How to respond

To access the full details and documents for solicitation BD-23-1454-MAPLA-SPACD-90316, you need to visit the COMMBUYS website. You can view the original source and download documents directly from the bid page without needing an account.

If you intend to quote electronically, you will need to register a free vendor account on COMMBUYS. Otherwise, follow the specific submission directions provided within the bid documents.

Tips for preparing a competitive response

When preparing your proposal, clearly outline your experience with similar projects, especially those involving property rehabilitation and affordable housing. Detail your financial capacity and your team's expertise in managing all phases of development, from acquisition to sale.

Demonstrate a strong understanding of the local housing market in Malden and how your approach will effectively meet the program's goals of providing affordable homes to income-eligible households. Ensure your proposal addresses all requirements specified in the solicitation documents.