Property management services

Dallas Housing Authority is requesting proposals from qualified property management firms to manage three multifamily residential properties totaling 560 units across Ridge Parc Apartments (248 units), RPD II Apartments (128 units), and Meadow Parc Apartments (184 units), with proposals due October 8, 2026 at 2:00 p.m. Central Time. DHA intends to execute three separate five-year contracts with the highest-ranked firm, with two optional one-year renewal periods.

Mandatory qualifications include current management of a minimum portfolio of 500 units, experience with HUD/FHA-financed properties, REAC inspection experience, and a Texas real estate license. Two of the three properties carry HUD/FHA loans. The scope encompasses tenant intake, marketing, applicant screening and selection, lease execution, rent collection, maintenance and repairs, staff hiring and supervision, REAC inspections, unit turnover, fiscal management, and regulatory reporting.

Pricing is a fixed monthly management fee calculated as a percentage of total revenue collected for each property, with the offeror proposing the specific percentage. Proposals are evaluated on five criteria: qualification and capacity of the project team (20 points), evidence of related experience (20 points), knowledge of applicable HUD regulations and state/local landlord-tenant law (15 points), project approach (15 points), and proposed fee and adjustment schedule (30 points). Proposals must include organizational charts, resumes of senior management, three-year financial statements, three property references (currently managed for two or more years minimum) and one financial institution reference, evidence of minority business enterprise participation, non-collusive affidavits, and compliance certificates.

Written questions are due September 28, 2026 at 5:00 p.m., with responses provided by October 2, 2026. Proposals are submitted electronically through DHA's online portal. The anticipated selection date is to be determined.