Affordable Housing Development and Technical Advisory Consultant Services

The City of Stockton is seeking a qualified consulting firm to provide comprehensive affordable‑housing development and technical advisory services. The consultant will support the City’s financing, underwriting, policy, and compliance needs for a variety of state and federal affordable‑housing programs (CDBG, HOME, LIHTC, etc.). Services are to be delivered on an as‑needed, task‑order basis over an initial three‑year term with two optional one‑year extensions. The engagement will be compensated on a time‑and‑materials basis with hourly rates and a “not‑to‑exceed” ceiling set in the contract. • Review and evaluate development proposals, pro‑formas, budgets, cash‑flow projections, and financing structures. • Perform loan underwriting, recommend loan terms, subsidy levels, and risk assessments. • Advise on layering of funding sources (HOME, CDBG, LIHTC, tax‑exempt bonds, etc.). • Assist with policy updates, development of underwriting guidelines, and staff training. • Participate in meetings with City staff, developers, lenders, and other stakeholders. • Deliver written memoranda, feasibility reports, recommendations, and training materials as requested.