Economic Advisor Services

The government authority in New Jersey requires an economic advisor to perform services offsite under a one-year contract. The buyer needs the vendor to conduct a real estate market analysis focusing on housing needs and submarket strength across the city. The vendor must develop a financial model to evaluate the feasibility of combining affordability requirements with incentives. Additionally, the vendor must analyze how to use development incentives to achieve affordable housing levels while evaluating their impact on development feasibility. The vendor will prepare a final anti-displacement report containing recommendations for an updated inclusionary zoning policy. The analysis may involve meetings with city officials, developers, lenders, state agencies, local experts, and residents. Eligibility is restricted to onshore USA organizations only. The buyer is looking for proposals to determine the budget. Bidders must submit all questions no later than September 10, 2026.