1284- Housing Consultant and Financial Advisor

Closed State & local contract opportunity Posted

Solicitation number
30399
State
Connecticut
Responses due

Opportunity facts

Jurisdiction
Point of contact

Opportunity details come from webprocure.proactiscloud.com. Updated .

About this opportunity

The Housing Authority of the City of Hartford is conducting a competitive proposal process to secure a Housing Consultant and Financial Advisor through Solicitation Number 30399. The procurement seeks one or more vendors to provide comprehensive Financial and Housing Development Advisory services on an "as needed, when needed" basis. Primary service objectives include converting the Authority's traditional Low Income Public Housing portfolio to alternative ownership structures and supporting financing, acquisition, construction, and rehabilitation of housing for the Authority's portfolios. Vendor questions will be accepted from May 22, 2025, at 7:15 AM EDT until June 11, 2025, at 5:00 PM EDT, with proposals due by June 23, 2025, at 2:00 PM EDT. The solicitation requires vendors to demonstrate expertise in portfolio transformation, financial restructuring, bond issuance, and housing development strategies. Proposals will be evaluated based on the vendor's technical capabilities, financial expertise, and ability to support the Housing Authority's strategic objectives. The primary contact for this solicitation is Kim Cotharin, who can be reached at bids@hartfordhousing.org or 860-723-8435.

The solicitation does not explicitly specify set-aside designations or restrictions on respondent types, suggesting the opportunity is open to a wide range of qualified consulting and financial advisory firms. No incumbent vendors or current contractors are mentioned in the documentation. The RFP indicates delivery terms as Free On Board Destination, with payment terms to be specified by the vendor. While no specific budget range or estimated total contract value is provided, the scope suggests a potentially significant engagement focused on comprehensive housing portfolio transformation and financial advisory services. The contract will support the Hartford Housing Authority's broader strategic goals of restructuring its housing assets and exploring innovative financing and ownership models. The solicitation appears designed to provide flexibility in service delivery, with no specific line items detailed, allowing vendors to propose comprehensive solutions tailored to the Authority's complex housing development and financial needs.

Opportunity text

The Housing Authority of the City of Hartford (the "Authority") is seeking to contract through the competitive proposal process with one or more vendors (the "Contractor") to provide Financial and Housing Development Advisory services on an "as needed, when needed" basis in accordance with the Section 2, Scope of Services. Services desired by the Authority will be largely utilized toward the conversion of the Authority's traditional Low Income Public Housing portfolio to other platforms and ownership structures and toward the financing, acquisition, construction or rehabilitation of other housing to add to the Authority or its instrumentality portfolios. Outside of these larger areas, services may be required to assist the Authority in its role as a bond issuer and for other related financial issues. The

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