RFP #2412 - PROPERTY MANAGEMENT SERVICES FOR GREENHILLS APARTMENTS LP

This contract awards a two‑year, contract‑managed property‑management services agreement for the Greenhills Apartments LP (77 mixed‑income units) to Capreit Residential Management, LLC. The scope includes full‑service leasing, rent collection, maintenance coordination, compliance reporting, budgeting, and mandatory use of HOC‑designated software (Yardi Voyager and AODocs). The vendor must submit audited financials for the three prior fiscal years, meet a 30 % direct‑hiring requirement for low‑income residents, and maintain extensive insurance coverage. The agreement provides for two optional one‑year renewals, a per‑occupied‑unit‑per‑month fee structure, and strict reporting deadlines (monthly, quarterly, and annual). • Full‑service residential property management for a 77‑unit mixed‑income development. • Mandatory use of HOC’s Yardi/AODocs platforms and compliance with HUD, LIHTC, and local fair‑housing regulations. • Financial‑viability certification, background‑screening requirements, and detailed insurance limits are required.