Malden Vacant Properties Program NOFA
Federal opportunity from MAPLANNNING - Planning and Community Development • City of Malden. Place of performance: MA. Response deadline: Dec 31, 2026. Industry: NAICS 72, 11.
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Point of Contact
Agency & Office
Description
The City of Malden has received $45.7 million in American Rescue Plan Act (ARPA) Local Fiscal Recovery funds and has granted $2 million to the Malden Redevelopment Authority (MRA) to acquire, rehabilitate, and sell vacant and blighted properties as affordable homes to income-eligible households. The City of Malden is seeking proposals from non-profit housing developers, for-profit housing developers, and public housing authorities to develop affordable homeownership.
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BidPulsar Analysis
A practical, capture-style breakdown of fit, requirements, risks, and next steps.
The City of Malden is launching a program to address vacant and blighted properties, with a significant funding allocation of $2 million from ARPA Local Fiscal Recovery funds. This initiative aims to develop affordable homeownership solutions for income-eligible households. Proposals are being sought from various developers, signaling a collaborative effort to enhance community housing.
The City of Malden wants to acquire, rehabilitate, and sell vacant properties as affordable homes. This initiative aims to revitalize neighborhoods and provide affordable housing options to income-eligible households.
- Non-profit housing developers
- For-profit housing developers
- Public housing authorities
- Identify and acquire vacant properties
- Rehabilitate properties to meet housing standards
- Market and sell rehabilitated homes to income-eligible households
- Proposal outlining experience and qualifications
- Detailed project plan for property acquisition and rehabilitation
- Budget breakdown for project costs
- Evidence of capability to meet housing standards
- Timeline for project completion
More BidPulsar strategy notesCompliance, pricing, teaming, risks, questions, and coverage notes
- All proposals must adhere to ARPA funding requirements
- Compliance with local zoning laws and regulations
- Consideration of environmental impacts in development plans
- Provide competitive pricing based on market analysis of affordable housing
- Detail costs associated with rehabilitation and expected sale price
- Partner with local non-profits to strengthen community ties
- Consider forming joint ventures with other developers to share resources
- Potential delays in property acquisition
- Market fluctuations affecting rehabilitation costs
- Challenge in identifying eligible income households
- What specific criteria will be used to determine income eligibility?
- Is there flexibility in the proposal deadlines?
- How will the success of the program be measured?
Some notices publish limited source detail. Confirm these points before final bid/no-bid decisions.
- No specific buyer website or point of contact provided
- Details on the selection criteria for proposals are missing
- Information on the types of properties targeted for acquisition is lacking
- No deadlines for phases of project execution specified
- Insufficient detail on marketing strategies for sold homes
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