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Massachusetts Town of Yarmouth·Massachusetts

Development of Affordable Housing II �??�?�¢?? September 2026 - MAHT

Closes 12/4/2026$150k – $300kRequest for Proposal
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Description

The Town of Yarmouth is seeking qualified developers or professional firms to acquire and construct affordable housing projects along the Route 28 corridor. The solicitation caps total funding at $1.5 million, with a maximum of $750 k per individual project (up to $500 k grant and $250 k loan). Proposals must be submitted in two sealed envelopes (technical and price) by early December 2026. The town reserves the right to cancel or reject any proposals and will award contracts in accordance with Massachusetts General Law Chapter 30B. • Scope: Property acquisition, site redevelopment, and new affordable housing construction in South Yarmouth. • Funding: Up to $750 k per project (grant + loan) within a $1.5 M overall ceiling. • Submission: Technical and price proposals due December 4 2026, 2 PM; no electronic quote allowed. • Evaluation: Must comply with MGL 30B procurement rules; town may award multiple projects.

Attached files

Contact

Robert L. Whritenour, Jr.(Town Administrator)

[email protected]

(508) 398-2231

Key dates

Opened
9/21/2026
Closes
12/4/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531310
Solicitation №
BD-27-1355-01YAR-YACD-133601

Budget estimate

$150,000 – $300,000

The solicitation caps total funding at $1.5 million with a maximum of $750 k per project. Assuming a typical developer profit margin of 10‑20 % on construction and development costs, the expected earnings could range from roughly $150 k to $300 k per awarded project, depending on the final scope, cost structure, and any additional services provided.

AI estimate from the solicitation

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