Long-Term Sustainability for Senior Affordable Housing Assessment Services

The City of Livonia, Michigan, requires a qualified vendor to perform long-term sustainability and financial assessment services for its senior affordable housing portfolio. The agency is attempting to secure the future viability of these housing assets by identifying financial vulnerabilities and forecasting capital needs over a twenty-year horizon. The selected provider will conduct a comprehensive financial analysis, perform reserve and capital planning assessments, and develop sustainability modeling to guide the agency's long-term planning. The scope of work covers the development of a twenty-year capital needs forecast that details major systems replacements and high-cost capital projects. The agency expects the vendor to recommend specific strategies to enhance financial stability, which includes identifying opportunities to increase rental income. To support these recommendations, the vendor must analyze market rents and the competitive position of the properties to determine if future rent increases are feasible while still maintaining affordability for seniors. Additionally, the provider will review annual operating budgets to identify long-term trends and financial vulnerabilities. Eligible bidders must be onshore organizations based entirely in the United States. The agency allows the selected contractor to perform all project work offsite. Bidders may submit their proposals digitally either through email or an online submission portal. The agency has not disclosed a set budget and is seeking competitive cost proposals from interested bidders to determine the project funding. Bidders must submit any questions regarding this opportunity no later than June 9, 2026.