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Massachusetts MassHousing·Massachusetts

MAP Approved FHA Lender

Closes 4/17/2026$10M – $100MRequest for Proposal
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Description

MassHousing is seeking proposals from MAP-Approved FHA Lenders to prepare, underwrite, and submit loan applications for FHA multifamily mortgage insurance. The selected respondent will enter into a consulting agreement with MassHousing, allowing them to engage with sponsors of existing portfolio transactions. The contract will be for a three-year term with the option for two one-year extensions. Respondents should have experience in closing MAP loans and a strong understanding of the proposed scope of services. Key points to consider: • MassHousing is looking for a lender with experience in MAP loans and a strong understanding of the proposed scope of services. • The contract will be for a three-year term with the option for two one-year extensions. • The selected respondent will be required to enter into a consulting agreement with MassHousing. • MassHousing will prioritize organizations that align with their mission and values. • The proposal should include a detailed fee sharing proposal and a step-by-step project plan. • MassHousing reserves the right to negotiate the terms of the contract and to reject any or all proposals.

Attached files

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

Contact

Sergio A. Ferreira(Senior Director of Rental Underwriting)

[email protected]

Key dates

Opened
3/20/2026
Questions due
4/3/2026
Closes
4/17/2026
Projected award
6/1/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522310
Solicitation №
BD-23-1213-MA001-MA001-126959

Budget estimate

$10,000,000 – $100,000,000

The budget for this opportunity is difficult to estimate, as the RFP does not provide a clear indication of the contract value. However, considering the scope of work and the fact that MassHousing has closed over $2.5 billion in loan production since 2015, it is likely that the contract value will be substantial. Assuming an average loan size of $10 million to $50 million, and considering the contract term of three years with optional extensions, a rough estimate of the contract value could be in the range of $10 million to $100 million per year, depending on the number of loans processed and the fees associated with each loan. Factors that may influence the likely payment range include the number of loans processed, the fees associated with each loan, and the level of competition among respondents.

AI estimate from the solicitation

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