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City of Toledo·Ohio

HALP - Homeownership Assistance Program-Additional

Closes 5/19/2026$100k – $500kRequest for Quotation
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Description

The City of Toledo’s Department of Housing & Community Development is seeking a licensed Ohio title company to serve as escrow agent and provide title‑insurance, closing, and related services for the HOME at Last home‑ownership assistance program. The contractor will manage a dedicated escrow fund, coordinate simultaneous closings with first‑mortgage lenders, record required documents, and submit monthly escrow reports. The award will be for a 12‑month period (with possible extension) and includes handling of up to $629,465 in escrow funds and grant disbursements of up to $12,500 (or $20,000 in designated revitalization zones) per homebuyer.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
5/1/2026
Questions due
5/14/2026
Pre-bid meeting
5/7/2026
Closes
5/19/2026
Duration
1 year

Last updated

Details

Type
Request for Quotation
Industry
Real Estate
NAICS
531312
Solicitation №
10008680

Budget estimate

$100,000 – $500,000

The contract will manage $629,465 of escrow funds and process multiple homebuyer grants (up to $12,500 each). Title‑company fees typically range from 0.5%‑2% of the transaction value, plus a flat escrow administration fee. Assuming 30‑40 homebuyer closings over the year, total fees could fall between $100,000 and $500,000, depending on transaction volume and fee structure.

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