RFP Tax Credit Compliance Services.docx

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Attached to
RFP - TAX CREDIT COMPLIANCE SERVICES
Solicitation number
BD-19-1134-CHA01-CHA01-38376
Issued by
Middlesex County, Cambridge City, Massachusetts

About this file

This document is a Request for Proposals (RFP) issued by the Cambridge Housing Authority (CHA) for Tax Credit Compliance Services. The scope of services includes ensuring accurate and timely income certifications for new move-ins and re-certifications, delivering tax credits consistent with CHA's commitments to investors, and providing tax credits for HOME properties. The selected firm may be required to facilitate rapid lease-up to maximize tax credit and operating subsidy benefits, avoid errors in calculating tax credit eligibility and setting rents, and coordinate multiple leasing and occupancy requirements. The RFP will be available on April 16, 2019, and sealed proposals must be received by May 2, 2019 at 3:00 PM. The contract will be awarded to the most advantageous proposal from a responsive and responsible proposer, taking into consideration price and non-price factors. The contract is subject to approval by CHA's Board of Commissioners and the availability of adequate funds.

The RFP does not provide specific details on pricing terms, set-asides, incumbents, or funding sources. However, it states that the contract may be cancelled if adequate funds are not available.

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Text version

DO NOT RESPOND ON COMMBUYS, PLEASE CONTACT:

Nancy Miranda – nmiranda@cambridge-housing.org Tel: 617-520-6221

CAMBRIDGE HOUSING AUTHORITY

REQUEST FOR PROPOSALS

TAX CREDIT COMPLIANCE SERVICES

The Cambridge Housing Authority (CHA) is soliciting proposals from qualified firms to provide Tax Credit Compliance Services. The scope of services will include, but not be limited to, ensure income certifications for new move-ins and re-certs are done accurately and timely; deliver tax credits consistent with the amounts and timing that CHA has committed to investors. Firm may be required to provide to tax credits for the HOME properties; rapid lease-up as possible to maximize tax credit and operating subsidy benefits; avoid errors in calculating tax credit eligibility and setting rents; coordinate multiple leasing and occupancy requirements including tax credit, Public Housing, and Section 8 eligibility and rent rules as well the requirements in the Relocation Agreements and the CHA’s own policies such as waiting list procedures; and build CHA’s capacity to successfully lease future tax credit projects and maintain tax credit compliance at existing projects.

Bid documents will be available on Tuesday, April 16, 2019 after 10:00 AM at the Cambridge Housing Authority, 362 Green Street, 3rd floor, Cambridge, MA 02139, Monday-Friday, between the hours of 8:30AM- 5:00 PM. RFP will be e-mailed upon request to Donna Gallant at: dgallant@cambridge-housing.org or Nancy Miranda at: nmiranda@cambridge-housing.org. There is no charge for the documents.

Sealed proposals must be received no later than Thursday, May 2, 2019 at 3:00 PM at Cambridge Housing Authority, 362 Green Street, 3rd floor, Cambridge, MA 02139 Attn. Purchasing Department. The name of the firm and the name of the project should be clearly labeled on the outside of the envelope. At that time all RFP’S will be recorded and taken under advisement. Faxed or e-mailed submittals will not be accepted.

Pursuant to Chapter 30B §6 the contract will awarded to the most advantageous proposal from a responsive and responsible proposer taking into consideration price and non-price proposal.

The time of acceptance of the proposal by the Cambridge Housing Authority is 60 days from the date of the receipt. Award of the contract is conditioned on approval by the Cambridge Housing Authority's Board of Commissioners. The contract is subject to appropriation of adequate funds, and may be cancelled in the event such funds are not available. Please see RFP for additional information.

DO NOT RESPOND ON COMMBUYS, PLEASE CONTACT:

Nancy Miranda – nmiranda@cambridge-housing.org Tel: 617-520-6221

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