RFP 270002486 - Tax Deferral Program Implementation Plan

The City of Richmond’s Department of Finance is seeking proposals to develop a comprehensive implementation plan for a newly authorized real‑estate tax deferral program that will commence in January 2028. The selected vendor will be responsible for outlining program policies, eligibility criteria, application processes, administrative procedures, and outreach strategies to ensure smooth rollout and compliance with state law. This effort supports the city’s goal of expanding affordable homeownership options while maintaining fiscal responsibility. • Develop a full implementation framework, including program design, operational workflows, and compliance guidelines. • Create detailed eligibility rules, application forms, and processing timelines for property owners. • Design outreach and communication plans to educate residents and stakeholders about the deferral program. • Provide cost‑benefit analysis, staffing recommendations, and technology integration suggestions. • Deliver a final written report and supporting documentation ready for city approval and public release.