EXTRA-15547 - USA (Olympia, Washington) - Development of Permanent Loan Policy Services - Deadline December 22,2021

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: EXTRA-15547

Government Authority located in Olympia, Washington; USA based organization looking for expert vendor for development of permanent loan policy services.

[A] Budget: Looking for Proposals

[B] Scope of Service:

Vendor needs to provide develop a recommended loan repayment policy for the department of commerce’s multifamily housing trust fund capital development program to the government authority located in Olympia, WA.
1. Research and understand the loan portfolio of the HTF including repayment practices and expectations as well as the conditions of the current temporary loan policy.
2. Evaluate best practices of other state housing finance agencies and Housing Trust Funds.
3. Collect stakeholder input, including that of program management staff most involved in loan closings and servicing. Interview the Special Assistant Attorney General about recent practices.
4. Assess the public benefit pros and cons of different loan terms and fee options.
5. Assess the impacts of different loan policies on the administration of the HTF.
6. Create up to three different loan and fee scenarios, and asses the three for monetary, social and administrative impacts.
7. Help plan and facilitate workgroup meetings. The Consultant and Commerce will present the findings to the HTF’s Policy Advisory Team (PAT) in June, 2022 (or as amended by work group needs). An interim status report will be provided to the committee in March, 2022.
8. Assist with development of an action plan for Commerce staff to implement the policies. The Consultant will be available on an hourly, as needed basis, through the budget-setting and adoption process.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Wednesday, 22 December, 2021

Category : Professional, Consulting, Administrative or Management Support Services

Country : USA

State : Washington

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