RFI -Sources Sought - 221d4 Affordable Housing Training.pdf

Sources Sought Synopsis

The Department of Housing and Urban Development (HUD) is issuing this Sources Sought synopsis as a means of conducting market research to identify parties having an interest in and the resources to obtain training for HUD underwriters to improve their knowledge of housing finance terms; understand the tax credits and tax-exempt bonds; clarify HUD's various roles in housing;

summarize regulations regarding tax credit financing; explore the roles of the development team;

review requirements for new construction and substantial rehabilitation transactions; clarify Multifamily Application Processing (MAP) Guide requirements; comprehend key underwriting components; categorize sources and uses as mortgageable and non-mortgageable; and outline construction loan administration and servicing 221(d)(4) new construction or substantial loan transactions. The result of this market research will contribute to determining the method of procurement. The applicable North American Industry Classification System (NAICS) code assigned to this procurement is NAICS Code 611430 – Professional and Management Development Training (Size Standard $15M) and Product Service Code (PSC) U009 – Education/Training – General.

There is no solicitation at this time. This request for capability information does not constitute a request for proposals; submission of any information in response to this market survey is purely voluntary; the government assumes no financial responsibility for any costs incurred.

If your organization has the potential capacity to perform these contract services, please provide the following information: 1) organization name, address, email address, website address, telephone number, and size and type of ownership for the organization; and 2) tailored capability statements addressing the particulars of this effort, with appropriate documentation supporting claims of organizational and staff capability. If significant subcontracting or teaming is anticipated in order to deliver technical capability, organizations should address the administrative and management structure of such arrangements.

The government will evaluate market information to ascertain potential market capacity to 1) provide services consistent in scope and scale with those described in this notice and otherwise anticipated; 2) secure and apply the full range of corporate financial, human capital, and technical resources required to successfully perform similar requirements; 3) implement a successful project management plan that includes: compliance with program schedules; cost containment; meeting and tracking performance; hiring and retention of personnel and risk mitigation; and 4) provide services under a performance based service acquisition contract.

Based on the responses to this Request for Information notice/market research, this requirement may be set-aside for small businesses or procured through full and open competition, and multiple awards may be made. Telephone inquiries will not be accepted or acknowledged, and no feedback or evaluations will be provided to companies regarding their submissions.

Additional information on the required services is listed below and in Attachment A – Statement of Work (SOW).

Background: The purpose of this requirement is to ensure that HUD’s underwriters understand large-scale lending. The training program is to provide HUD staff with the required skills and understanding of rental housing using tax credits to finance and underwrite new construction and/or substantial rehabilitation transactions for FHA-insured multifamily mortgages and to understand cost. FHA-approved lenders submit loan applications for FHA-insured multifamily mortgages that are funded from tax credit proceeds.

The live web-based training is to focus on underwriting multifamily transactions under the 221(d)(4) program. Participation and successful completion of the course aids in developing the skills of HUD Multifamily staff working in an underwriting or technical assistance role.

Chapter 14 of the HUD Multifamily Application Processing (MAP) Guide outlines policies and procedures for underwriting and reviewing FHA multifamily mortgage insurance applications for projects.

General Description of Work: Provide training tailored to processing and underwriting FHA-insured mortgages under the 221(d)(4) new construction and substantial rehabilitation program that are financed with tax credit proceeds. Provide the HUD participant with twice a week, two-hour instructor-guided training and a final exam administered by the contractor to assess participants understanding of and ability to underwrite new construction and substantial rehabilitation transactions financed with tax credits.

All deliverables must be in compliance with Section 508 requirements as established by the Section 508 Access Board (www.section508.gov)

Submission Instructions: Interested parties who consider themselves qualified to perform the above listed services are invited to submit a response to the Sources Sought Notice by May 15, 2025 at 12:00 PM EST. All responses under this Sources Sought Notice shall be emailed to:

SUBJECT LINE: Sources Sought – 221d4 Affordable Housing Training

POC: Carmen Calloway at Carmen.L.Calloway@hud.gov mailto:Carmen.L.Calloway@hud.gov