# Sacramento Housing And Redevelopment Agency Opengov #259295

SHRA Banking and Investment Services Solicitation

**Posted:** August 17, 2026
**Respond By:** September 22, 2026
**Identifier:** 259295
**NAICS:** 522110, 522320, 525920

The Sacramento Housing and Redevelopment Agency (SHRA) is seeking proposals from qualified financial institutions to provide banking and investment services for managing public funds.
- Government Buyer:
  - Sacramento Housing and Redevelopment Agency (SHRA), Finance Office
- Scope of Services:
  - Comprehensive banking and investment services for public funds
  - Day-to-day depository services, cash management, and interest-bearing accounts
  - Fraud protection and electronic payment processing
  - Detailed financial reporting and HUD-compliant investment options
  - Support for rent collection, accounts payable, payroll, Housing Choice Voucher disbursements, security deposits, escrowed funds, and short-term investments
- Requirements:
  - Financial stability and ability to fully collateralize deposits
  - Technology-enabled solutions to enhance efficiency and transparency
  - Compliance with federal HUD requirements and strong internal controls
  - Practical innovations for public-sector clients
- OEMs and Vendors:
  - No specific OEMs or vendors named; open to all qualified financial institutions
- Notable Details:
  - Emphasis on robust internal controls, HUD compliance, and operational innovation
  - No product part numbers or quantities specified; focus is on service delivery

### Description

The Sacramento Housing and Redevelopment Agency is seeking proposals for comprehensive banking and investment services. The scope includes depository, cash management, electronic payments, and HUD-compliant investment options. The procurement process requires detailed submission requirements and adherence to federal and local regulations. A pre-proposal meeting will be held via Zoom on September 1, 2026, and proposals must be submitted by September 22, 2026. The contract period is initially 5 years with no renewal options.

[View original listing](https://procurement.opengov.com/portal/shra/projects/259295)