Sound Transit Biddingo #RP 0089-19

Sound Transit Seeks Partner for Affordable Housing Revolving Loan Fund Business Plan and Management Services

Sound Transit, the regional transit authority for the Seattle metropolitan area, is seeking a partner to support the creation and management of an Affordable Housing Revolving Loan Fund. - Government Buyer: - Sound Transit (Central Puget Sound Regional Transit Authority) - Services Requested: - Consultative services to develop a comprehensive business plan for a revolving loan fund dedicated to affordable housing near transit corridors - Ongoing management of the fund, including financial oversight and investment activities - Key Requirements: - Expertise in financial services, credit intermediation, investment banking, securities dealing, portfolio management, and grantmaking - Demonstrated experience in fund management and affordable housing development - Ability to provide strategic guidance and operational support for a revolving loan fund - No specific OEMs or product part numbers are referenced, as this is a service-based solicitation - Notable Details: - The opportunity includes a site meeting in Seattle - Multiple NAICS codes related to financial and investment services are listed, indicating a broad scope for qualified firms

Description

Sound Transit is seeking consultative services for developing a business plan and managing a fund for affordable housing transit oriented development. The solicitation includes a site meeting in Seattle, Washington, and provides several associated documents for further details. The bid is for services and is open for online download. The question deadline was April 24, 2019, and the bid status is awarded.

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