Property Management Services

The Property Management Division of Puerto Rico is seeking qualified management companies to provide comprehensive property management services for various housing communities. The Request for Proposal (RFP) solicits vendors to manage public housing, Project-Based Voucher (PBV)/Rental Assistance Demonstration (RAD) properties, Low Income Housing Tax Credit (LIHTC) communities, and mid-rise residential developments. Proposed services will involve day-to-day operational management and representation of the housing authority's interests across multiple property types. The solicitation requires detailed proposals demonstrating extensive experience in multi-site residential property management, with specific expertise in affordable and public housing sectors. The RFP (File 1-PR2526-61-26) was posted on August 20, 2025, with proposals due by September 12, 2025, giving potential respondents approximately 23 days to prepare comprehensive submissions. Evaluation criteria will likely include organizational capacity, previous housing management experience, financial stability, and proposed management approach.

While specific set-aside designations are not explicitly detailed in the provided information, government housing contracts frequently prioritize minority-owned, women-owned, or disadvantaged business enterprises. The procurement appears targeted at professional property management firms with demonstrated track records in affordable housing administration. Potential respondents should possess robust infrastructure for managing diverse residential portfolios, including comprehensive property maintenance, tenant relations, financial reporting, and compliance systems. Though exact budget ranges are not specified, similar municipal housing management contracts typically range between $500,000 and $2.5 million annually, depending on the number and complexity of managed properties. Interested firms should carefully review the complete RFP document to understand precise qualification requirements, submission protocols, and potential contract scope.