San Mateo Opengov #2027-RFP-00182

San Mateo County seeks affordable-housing finance and project-support consultants

San Mateo County’s Department of Housing is seeking consulting support for affordable-housing funding and financed projects. - Buyer: County of San Mateo, Department of Housing; the RFP identifies Douglas Frederick, Housing Program Manager. - OEMs and vendors: No OEMs, branded products, or prospective consulting firms are named. The County is seeking qualified consultants. - Requested services: - Underwrite approximately 10–15 Affordable Housing Fund (AHF) applications per funding round and approximately 5–7 CDBG/HOME applications per funding cycle. Review financial feasibility, assess applications and funding guidelines, and prepare due-diligence reports. - Monitor project operating budgets, quarterly financial reports, annual audited statements, and residual-receipts calculations for compliance with County funding and loan requirements. - Train County staff in affordable-housing finance and project pro formas, using project examples and interactive exercises; recurring office hours may be included. - Support construction and permanent loan closings through pro forma and document reviews, checklists, lender coordination, and assistance resolving closing issues. - Provide additional advice as requested on housing policies, regulatory reporting, density-bonus and feasibility analyses, real estate, negotiations, and County property disposition. - Notable qualifications and requirements: Firms must have at least four years of similar experience within the prior seven years and at least two years of recent account-management experience. The notice also calls for SAM registration, a UEI, and three client references. - Term: Two years, with one County option to extend for up to two additional years. This is a professional-services agreement, not an annual subscription.

Description

The County of San Mateo Department of Housing seeks consultants to provide financial analyses and underwriting reviews for affordable housing development funding applications under County AHF and CDBG/HOME programs. The work also includes compliance monitoring, affordable housing and pro forma training for County staff, project management support for loan closings, and related advisory services. The agreement term is two years, with one County option to extend for up to two additional years. Proposals are to be submitted electronically through the eProcurement portal.

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