Property Management Service

The Dallas Housing Authority, on behalf of Ridge Parc Development, Inc., RPD II, Inc., and Meadow Parc Development, Inc., is requesting proposals for property management services covering three multifamily residential properties totaling 560 units in Dallas, with proposals due October 8, 2026 at 2:00 p.m. Central Time. Written questions are due September 28, 2026.

Proposers must demonstrate experience managing a minimum portfolio of 500 units and specific experience managing FHA-HUD financed properties and achieving REAC inspection compliance. Two of the three properties carry HUD/FHA loans, and the contractor must comply with all applicable federal contract requirements. Required insurance includes $1 million general liability coverage, workers' compensation at statutory limits, and $1 million professional liability insurance per claim. Proposers must provide Texas real estate licensing evidence, five business references (including three current property owners and one financial institution), year-end financial statements for the past three fiscal years, and detailed staffing plans with senior management resumes.

The scope encompasses tenant intake, marketing, lease enforcement, maintenance, fiscal management, and REAC inspections across Ridge Parc Apartments (248 units), RPD II Apartments (128 units), and Meadow Parc Apartments (184 units). DHA intends to award three separate five-year contracts to the highest-ranked firm. The evaluation criteria allocate 30 percent to pricing (fixed management fee as a percentage of total revenue collected per property), 20 percent to qualifications and capacity of the proposed project team, 20 percent to evidence of related experience, 15 percent to knowledge of applicable HUD regulations and state/local landlord-tenant law, and 15 percent to project approach narrative. Proposals must remain open and non-subject to unilateral withdrawal for 90 days after the due date. Responses to written questions will be provided by October 2, 2026. Anticipated selection date is to be determined.