Affordable housing operations and maintenance funding
2025 Rental Housing - Operations & Maintenance, Solicitation 204147, issued by Pierce County.
At a glance
Pierce County Human Services is offering supplemental funding to owners of affordable housing properties to cover operating and maintenance costs. Funding bridges the gap between below-market rents and fair market rents for very low-income households, helping properties maintain adequate reserves and avoid negative cash flow. Projects must have housing units located within Pierce County.
Key facts
- Issuing agency
- Pierce County
- Solicitation number
- 204147
- Type
- purchase
- Posted
- Nov 10, 2025
- Response deadline
- Dec 19, 2025, 5:00 PM EST
- Pre-bid meeting
- Dec 3, 2025, 2:00 PM EST
- Place of performance
- Pierce County, WA
Official description
Solicitation #25-003-AH-RHOM. Issued by Human Services. Pierce County seeks proposals from owners of affordable housing who need additional funds to supplement ongoing operating and maintenance (O&M) costs for housing units that are affordable to very low-income households. The intent of the funding is to bridge the gap between the below market rents charged at affordable housing properties and fair market rents, allowing them to avoid a negative cash flow while adequately funding reserves. The O&M funding must be for projects with housing units located in Pierce County including all the incorporated cities and towns within Pierce County and all unincorporated areas of Pierce County.
Respond to this bid
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