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  5. ›Malden Vacant Properties Program NOFA

Massachusetts City of Malden·Massachusetts

Malden Vacant Properties Program NOFA

Closes 12/30/2026$500k – $2MRequest for Proposal
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Description

The City of Malden, using $2 million of ARPA‑funded resources, is seeking proposals from qualified housing developers or public housing authorities to acquire, rehabilitate, and sell vacant or blighted properties as affordable homeownership units. The effort targets multi‑unit residential construction and aims to increase affordable housing stock for income‑eligible households. • Funding: $2 million allocated to the Malden Redevelopment Authority for vacant‑property acquisition and rehab. • Scope: Design, construction, and sale of multi‑unit dwellings (UNSPSC 72‑11‑11) that meet affordable‑housing criteria. • Eligible bidders: Non‑profit, for‑profit, and public housing entities experienced in affordable‑housing development.

Attached files

Contact

Kristina Tseng

[email protected]

(781) 397‑7000

Key dates

Opened
6/27/2023
Closes
12/30/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236117
Solicitation №
BD-23-1454-MAPLA-SPACD-90316

Budget estimate

$500,000 – $2,000,000

The solicitation references a $2 million pool for the Malden Redevelopment Authority, but no specific contract ceiling is listed. Based on typical costs for acquiring and rehabilitating multiple vacant units, a single award could range from a few hundred thousand to the full $2 million. Therefore, a reasonable estimate for the vendor’s earnings is $500,000–$2,000,000, depending on the scale of properties taken on and the depth of rehabilitation required.

AI estimate from the solicitation

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