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Washington Seattle Housing Authority·Washington

Third Party Property Management Services for Affordable Housing

Closes 9/23/2026$1M – $5MRequest for ProposalLogin required
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Description

Seattle Housing Authority is seeking a qualified professional firm to provide comprehensive third‑party property management services for its market‑rate and affordable‑housing portfolio throughout Seattle. The scope includes budgeting, leasing administration, rent collection, maintenance oversight, emergency response, and due‑diligence activities for newly acquired properties, with a flexible per‑unit fee structure and optional fixed‑fee services. The contract begins February 2027, runs an initial one‑year term with possible extensions up to five years, and requires compliance with numerous affordable‑housing programs (PBRA, PBV, HCV, LIHTC, etc.). Key points: • Provide full‑service property management for affordable and market‑rate multifamily units in Seattle. • Must demonstrate experience with Washington‑state affordable‑housing regulations and local landlord‑tenant law. • Submit a per‑unit pricing proposal (plus any separate fees for ancillary services) by 12 pm on 09/23/2026. • Evaluation weighted heavily on local experience, finance/accounting capability, and price (total 100 points).

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Seth Ryan(Senior Contract Manager)

[email protected]

(206) 837-7001

Key dates

Opened
8/12/2026
Questions due
8/26/2026
Pre-bid meeting
8/21/2026
Closes
9/23/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531311
Solicitation №
6146

Budget estimate

$1,000,000 – $5,000,000

No total contract value is disclosed. Typical Seattle affordable‑housing property‑management fees range from $150‑$400 per unit per month. Assuming SHA manages roughly 1,000 units, annual fees could be $1.8 M‑$4.8 M, plus any fixed‑fee ancillary services. Therefore, a reasonable estimate for the contract’s total value over the initial year is between $1 M and $5 M, scaling upward with extensions.

AI estimate from the solicitation

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