Property Management Services

Overview

Real Estate & Property Management

Columbia, Maryland, United StatesPosted 24 days agoDeadline: May 8th, 2026

Fit Score

Settle Intelligence

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SUMMARY

The government authority in Columbia, Maryland seeks property management services for 443-unit multi-family residential communities, covering operations, marketing, finances, and maintenance.

KEY REQUIREMENTS

Must be a corporation or company validly existing and permitted to do business in Maryland
Must be in good standing with the Maryland State Department of Assessments and Taxation
Must possess all necessary licensing under applicable law
Must clear the federal debarment list under the U.S. System for Award Management
Must have proven and verifiable experience in operating communities with affordable programs including LIHTC, Project-Based Vouchers, Tenant-Based Vouchers, MIHU, MD DHCD PRHP, HUD HOME, and Post-LIHTC
Must have the ability to transition the portfolio within 60 days
Must have the ability to perform due diligence in advance of acquisition
Must have the capacity and willingness to use the Commission's Yardi Voyager platform

BUDGET

Estimate

$150,000 – $300,000

CONTRACT DURATION

12 months

TIMELINE

Issuance Date: April 13th, 2026

Questions Deadline: April 24th, 2026

Answers to Questions Posted: April 29th, 2026

Submission Deadline: May 8th, 2026

Effective Date of Assignment: August 1st, 2026

QUESTION DEADLINE

April 24th, 2026

Issuing Agency

Howard County Housing Commission

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DESCRIPTION

The government authority in Columbia, Maryland seeks a vendor to provide property management services for a portfolio of multi-family communities comprising 443 units. The selected company will supervise and direct the general operations of the residential project, including developing and implementing a marketing plan to maximize occupancy and performance.

Responsibilities include managing all financial aspects such as paying expenses from project accounts and maintaining comprehensive records, books, and accounts. The vendor will also be required to arrange for fidelity bond coverage as an expense for all on-site and applicable off-site personnel.

Regular maintenance, inspections, risk assessments, and remediation initiatives must be implemented to proactively address moisture and mold issues within the residential properties, ensuring health and safety standards are met.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.