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RFP - Year-Round Deed Restriction Pilot Program II
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Title:  

RFP - Year-Round Deed Restriction Pilot Program II

Agency:  

Massachusetts Town of Nantucket

State:  

Massachusetts

NAICS Code:  

531110

Industry:  

Real Estate

Solicitation Type:  

Request for Proposal

Solicitation ID:  

BD-26-1301-2-2-123768

Open Date:  

12/18/2025

Close Date:  

1/28/2026

Last Updated:  

Description:
The Town of Nantucket, through the Nantucket Affordable Housing Trust, is offering a pilot program to create year-round housing for people living or working year-round on Nantucket. The program aims to create deed-restricted housing, and proposals will be accepted until January 28, 2026. Key aspects of the proposal include: • The creation of year-round housing for people living or working on Nantucket • The development of deed-restricted housing • The program's goal of increasing affordable housing options on the island • The proposal submission deadline of January 28, 2026 • The contact information for the purchaser, Cindy Hsu, and the procurement email and phone number.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Cindy Hsu(Purchaser)

procurement@nantucket-ma.gov

(508) 228-7201

Budget Estimate (AI):

$500,000 – $2,000,000

The budget for this project is difficult to estimate, as the document does not provide a specific budget or funding amount. However, considering the scope of the project, which involves creating year-round housing for people living or working on Nantucket, the budget could be substantial. A rough estimate could be in the range of $500,000 to $2 million, depending on the number of housing units created and the costs associated with the project. Factors that may influence the budget include the cost of land acquisition, construction costs, and the number of units created.

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