FY24 Illinois Minority Real Estate Scholarship Program SPSSC

The State of Illinois' Department of Financial and Professional Regulation (IDFPR) Division of Real Estate is executing a small purchase with sole source conditions to administer and award the Minority Real Estate Scholarship Program for fiscal year 2024. This program provides scholarships to support the educational and professional development of minority individuals pursuing careers in real estate. The selected vendor, the Illinois Real Estate Education Foundation, will be responsible for the administration and distribution of these scholarship funds. Key requirements include demonstrating expertise in managing scholarship programs, familiarity with the Illinois real estate industry, and the ability to effectively market the scholarship opportunity to eligible minority candidates. The contract has a posted due date of June 5, 2023, and is subject to the State's standard terms and conditions.

This contract opportunity is specifically designated for the Illinois Real Estate Education Foundation as the sole source provider. There are no set-aside requirements or restrictions on the type of organization that can respond. The anticipated award value or budget range is not provided in the documentation. However, the program's objective is to support the professional development of minority individuals in the real estate industry within the state of Illinois.