RFP Market Studies for Affordable Housing

The Michigan State Housing Development Authority is seeking organizations to create market studies for affordable housing projects in Michigan. The selected contractor will be responsible for conducting objective market analyses, employing data and analysis pertaining to the development of marketable housing units, and providing recommendations on the market feasibility of affordable housing developments. The contractor will also advise and educate Authority representatives on contractor services. The contract is expected to be for one year, with an optional annual renewal. The Authority is looking for firms with experience in analyzing affordable rental housing markets in Michigan, understanding and applying Authority housing programs, and conducting unbiased statistical analysis of demographic, economic, and other trends. • The scope of work includes conducting market studies, performing site visits, creating market studies using Authority guidelines, estimating the effect of new development on existing Authority portfolio projects, communicating results to the Authority, and making objective recommendations. • The Authority will evaluate proposals based on experience, education, and certification, clarity and completeness of the proposal, quality of previous work and samples submitted, and capacity available to perform services. • The Authority reserves the right to cancel the selection of a proposal at any time prior to the complete execution of a contract. • The contract will be awarded to the firm that provides the best value for the services sought, and the Authority is not obligated to accept the lowest price proposal.