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  5. ›RQ 10909 FORMAL RFP Affordable Housing Loan

Awarded contract·Cuyahoga County·Ohio

RQ 10909 FORMAL RFP Affordable Housing Loan

$1.5MSingle Award
Contract source

Description

This solicitation seeks proposals for Cuyahoga County’s Affordable Housing Gap Financing Loan Program. The County is looking for agencies or organizations that can provide financing services, loan administration, and related support to bridge funding gaps for affordable housing projects. Interested parties must become “Plan Holders of Record” by requesting the full RFP specifications, after which they may submit either hard‑copy or electronic proposals by the deadline. The procurement is conducted through a formal RFP process, with a pre‑proposal conference held by telephone on September 19, 2022, and the final submission deadline on September 29, 2022. No set‑aside goals or small‑business preferences are noted, and the award details remain undisclosed. • Scope: Financing and loan‑program services for affordable housing. • Submission: Hard‑copy or electronic via the County Supplier Portal; must be a Plan Holder of Record. • Key Dates: Pre‑proposal conference (Sept 19 2022) and proposal deadline (Sept 29 2022). • Contact: RFP Coordinator Paul J. Porter, (216) 443‑7200; RFP copies via same number.

Attached files

Key dates

Bids closed
9/29/2022

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522310
Solicitation №
3550

Contract value

$1,500,000

The public notice does not disclose any budget amount. Similar affordable‑housing financing contracts for a county of Cuyahoga’s size typically range from several hundred thousand to a few million dollars, depending on the scope of loan‑administration services and the number of projects covered. Assuming a modest program covering multiple housing projects, a reasonable ball‑park estimate would be roughly $1–2 million. This estimate considers the administrative nature of the work (not large construction) and the need for professional financial services.

AI estimate from the award documents

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