St Petersburg Opengov #RFP- 26 - 283

St. Petersburg Affordable Housing Loan Portfolio Management Services Sought

The City of St. Petersburg's Housing & Community Development department is seeking a qualified firm to manage its affordable housing loan portfolio. - Over 1,000 loans in the portfolio, including deferred, forgivable, and amortizing loans - Loans funded by federal and state programs such as HUD HOME, CDBG, and SHIP - Required services include: - Loan servicing and asset management - Compliance and regulatory monitoring - Financial management and reporting - Risk mitigation and default management - Program income tracking and reconciliation - Data management and performance evaluation - Integration with existing systems is mandatory: - Oracle (financial/program income) - IDIS (HUD reporting and compliance) - Neighborly (program data) - No specific OEMs or vendors are named in the notice - Vendors must ensure compliance with federal, state, and local regulations, maintain fiscal accountability, and support affordable housing initiatives

Description

The City of St. Petersburg is seeking qualified firms to provide comprehensive loan portfolio management services for its affordable housing programs. The scope includes loan servicing, compliance, financial reporting, risk management, and data management. Vendors must integrate with existing systems such as Oracle, IDIS, and Neighborly. The evaluation criteria include qualifications, project approach, cost, and outreach efforts. The City reserves the right to reject, waive, or negotiate proposals.

View original listing