Resilience Assessment & Managed Multifamily Risk Plan

Background
Virginia Housing, established in 1972 as a political subdivision of the Commonwealth of Virginia, aims to provide mortgage loan financing for quality single-family and multifamily housing for low and moderate-income individuals.

The agency is addressing the escalating property loss from natural disasters and climate change by seeking proposals from qualified consultants to develop a comprehensive multifamily resiliency plan. This initiative responds to increasing weather events that threaten housing infrastructure and community stability.

Work Details
The selected consultant will be responsible for developing a comprehensive multifamily resiliency plan that includes:

1. Hazard Identification: Assessing exposure to natural hazards using data sources like FEMA flood maps and local hazard models.

2. Risk and Impact Evaluation: Conducting on-site investigations to identify specific concerns regarding property performance under identified hazards.

3. Resilience Measures: Proposing strategies to enhance building resistance, including upgrades to materials and investment in flood defense systems.

4. Researching best practices for housing resiliency, including policy changes and sustainable building practices.

5. Engaging stakeholders, including local governments and developers, to gather input on risks and mitigation plans.

6. Developing actionable strategies that enhance housing resilience, including an implementation framework with timelines and responsible parties.

Period of Performance
The contract period shall be approximately eighteen (18) months.

Place of Performance
The work will primarily take place in Virginia, focusing on properties within Virginia Housing's multifamily portfolio.

Bidder Requirements
Offerors must demonstrate the capacity, experience, and capability to conduct a thorough assessment of Virginia Housing's existing multifamily portfolio against natural disasters and climate change risks. They must provide documentation of their qualifications, including a Certificate of Insurance with liability limits, a list of proposed subcontractors, and any exceptions taken to contract provisions.