Federal Housing Finance Agency RFQ: Duty to Serve (DTS) Program Professional Services

Notice ID: FHF-24-Q-0122

FHFA requires professional services to support its DTS Program. FHFA seeks contractor assistance with ongoing monitoring and evaluation of the Enterprises’ performance in accordance with the 2024 year of their 2022-2024 Plans, their 2025-2027 Plans, and their 2028-2030 Plans. FHFA staff will develop all final recommendations to the FHFA Director.

FHFA requires a contractor with deep knowledge, experience, subject matter expertise and skills in a number of markets including, but not limited to:

  • Affordable single-family and multifamily rural housing.
  • Affordable multifamily housing, including manufactured housing communities, energy efficiency, climate resiliency, expiring use properties; and
  • Affordable single-family housing, including manufactured housing units, distressed properties, housing rehabilitation, shared equity housing, energy efficiency, and climate resiliency.

The scope also requires specialized subject matter expertise and skills in real estate development, lending and secondary mortgage market experience, and familiarity with the Enterprises’ current programs related to the DTS underserved markets, as follows:

  • Innovation in addressing the housing-related needs of underserved communities.
  • Affordable housing program requirements and subsidy sources.
  • Market needs and familiarity with current financial and equity products serving the affordable housing market.
  • High-needs rural regions or high-needs populations, or with organizations serving high-needs rural regions or high-needs populations.
  • Knowledge of financial institutions of different assets sizes and with different specializations, including but not limited to, community development financial institutions (CDFIs); and
  • Knowledge of development, financing, and other support for the development or preservation of affordable and subsidized properties.

While not guaranteed, award is anticipated by December 2, 2024. The period of performance is anticipated to be a base year plus five option years.

Read more here.

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