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Board OKs $50,000 sole-source contract to update Chattanooga market value analysis
Summary
The Health Education Housing Facilities Board authorized a sole-source purchase of services from Reinvestment Fund to update the city’s market value analysis for $50,000, using funds from the housing trust fund.
The Health Education Housing Facilities Board voted to authorize a sole-source purchase of services from the Reinvestment Fund to produce an updated market value analysis (MVA) of Chattanooga’s housing market, at a cost of $50,000. The board approved the resolution after staff said the update is necessary to capture market changes since the original analysis and to preserve comparability with prior work.
Veronica Vendo…
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