Consulting - Underwriting and Subsidy Layering

Closed State & local contract opportunity Posted

Solicitation number
314-RFP 2024-005
State
North Carolina
Responses due

Opportunity facts

Jurisdiction

Opportunity details come from evp.nc.gov. Updated .

About this opportunity

The City of Goldsboro, North Carolina, a U.S. Department of Housing and Urban Development (HUD) Entitlement Grantee, is requesting proposals from qualified firms to perform project-specific underwriting and subsidy layering reviews for their HOME program development projects. As a HUD Entitlement Grantee, the City is required to conduct these reviews prior to committing any federal HOME funds. The selected firm will be responsible for providing underwriting and subsidy layering services to ensure the appropriate use of HOME funds. Proposals are due by 2:00 pm on Thursday, August 22, 2024, and must be submitted through the City's website bid page. The City reserves the right to request clarification, conduct oral presentations, and select the firm and service options that are in the City's best interest.

The City of Goldsboro has an affirmative policy of fostering, promoting, and conducting business with women and minority-owned enterprises, and encourages their participation in this opportunity. The RFP does not provide details on pricing terms, set-asides, incumbent providers, funding requirements or sources, or contract amounts. However, the City is seeking to select a qualified firm that can provide the required underwriting and subsidy layering services to support the City's HOME program development projects.

Opportunity text

The City of Goldsboro is requesting written proposals from qualified firms to perform project specific underwriting and subsidy layering. The City is an Entitlement Grantee under the U.S. Department of Housing and Urban Development (HUD), Community Planning and Development programs. As a HUD Entitlement Grantee, the City is required to conduct an underwriting and subsidy layering review of all proposed HOME funded development projects before any commitment of federal funds.

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