# New York State Contract Reporter #2139892

New York agencies seek bond underwriters and selling-group firms

**Posted:** October 14, 2026
**Respond By:** November 13, 2026
**Identifier:** 2139892
**NAICS:** 523150

New York State Homes & Community Renewal is seeking qualified firms to underwrite and distribute bonds for four state housing and finance agencies.
- **Government buyer:** New York State Homes & Community Renewal (HCR), through the HCR Procurement Unit, for the New York State Housing Finance Agency (HFA), State of New York Mortgage Agency (SONYMA), State of New York Municipal Bond Bank Agency (MBBA), and Tobacco Settlement Financing Corporation (TSFC).
- **Services requested:**
  - Tier 1 Senior Managing Underwriters: lead bond underwriting and syndicates; advise on structuring, pricing, marketing, investor outreach, and financing; make capital commitments; and provide post-closing, secondary-market, refunding, remarketing, and credit-support services.
  - Tier 2 Co-Managing Underwriters: support bond marketing, distribution, investor outreach, capital commitments, and secondary-market activity.
  - Tier 3 Selling Group Members: distribute bonds to investors without underwriting duties or risk.
- **Financing supported:** HFA affordable-housing and multifamily programs, SONYMA single-family programs, and potential MBBA and TSFC bond issues.
- **Requirements and goals:** Firms must meet applicable SEC, FINRA, and/or MSRB registration and qualification requirements. The solicitation identifies a New York State physical-office requirement, 30% MWBE participation goal (15% MBE and 15% WBE), and 6% SDVOB goal. Tier 1 applicants must address agency-specific financing and program recommendations.
- **Term:** Three-year panel/list term, with two optional one-year renewals subject to recertification and approvals.
- **OEMs and vendors:** No commercial OEMs, vendors, product part numbers, or purchase quantities are named; this is a financial-services procurement.

### Description

The agencies seek qualified firms registered with the SEC, FINRA, and/or MSRB to establish prequalified panels of Senior Managing and Co-Managing Underwriters and a list of Selling Group Members for agency bond sales and issuances. Multiple firms may be selected, and proposals must cover HFA, SONYMA, MBBA, and TSFC collectively. Services include underwriting, bond marketing and distribution, pricing and market analysis, investor outreach, and related support; Selling Group Members distribute bonds without underwriting responsibilities or risk. The solicitation replaces the existing underwriter panels, and firms on those panels must respond to remain prequalified.

[View original listing](https://www.nyscr.ny.gov/Ads/Search)