HUD 3.7 Asset Management Services (HUD AM)

The Department of Housing and Urban Development (HUD) 3.7 Asset Management Services Master Indefinite Delivery/Indefinite Quantity (IDIQ) contract provides comprehensive property management and asset disposition services for HUD's Single Family Housing and multifamily housing portfolios. The contract enables HUD to efficiently manage its real estate inventory across multiple geographic regions through competitively awarded task orders. The primary objective is to support HUD's mission of preserving communities, expanding homeownership opportunities, and maximizing returns to Federal Housing Administration (FHA) insurance funds by providing specialized asset management services.

The contract vehicle has multiple prime contractors, with Sage Acquisitions LLC, Chronos Solutions (Mmrem), and KM Minemier & Associates being the most frequent awardees. Typical task orders range from $500,000 to $3.7 million, with performance periods of six months to one year, covering specific geographic areas like Ohio, Georgia, Indiana, Kentucky, and regions across the Southeast and Northeast United States. Most task orders are firm fixed-price and do not utilize specific set-aside designations, though some individual task orders are designated for woman-owned or small businesses. The task orders consistently support HUD's Housing Office of Single Family Housing and Assistant Secretary for Housing Federal Housing Commissioner by providing services such as property inspections, financial reviews, resident issue resolution, and real estate asset management and disposition activities.