This RFP is currently open for proposals.
Sign up for an account to get RFPs matching your business in your inbox – for free.
Community Development Loan Fund Consultant
10/31/2024
-
Pomona, NY
County of Rockland
Buyer seeks a consultant to administer an affordable housing loan fund created with $13.5 million in ARPA funding. The consultant will assist in project review, selection, closing, and monitoring of loans. Buyer also plans to establish a revolving loan fund requiring ongoing implementation support. The consultant will provide underwriting, policy guidance, and related services for both the ARPA and future County loan funds.
- 10/21/2024 - Deadline for questions
- 10/23/2024 - Pre-proposal meeting
- 10/31/2024 - Proposal Due Date
- Minimum of three years experience in loan fund administration
- Knowledge of underwriting, loan servicing, and federal regulations compliance
- Experience managing affordable housing loan funds, especially ARPA-funded
- Expertise in project underwriting and credit assessment
- Experience with revolving loan fund administration
- Conduct application review and scoring for loan fund applicants
- Prepare credit memoranda and term sheets for project financing
- Oversee loan closing process and documentation
- Monitor loan disbursements and project progress
- Provide ongoing loan servicing and portfolio management
- Assist in establishing a revolving loan fund program
- Prepare reports and presentations on loan fund activities
- Coordinate with legal counsel on loan agreements
- Review draw requests and monitor project budgets
- Manage loan repayment processes and file closeout
Want to Save Time Drafting Proposals?
We generate a proposal draft so you don’t have to start from scratch. Learn more how you can save up to 80% of your time writing proposals.