Accepting proposals from experienced firms capable of providing investment banking and bond underwriting services. Public Housing Authority ("PHA") is seeking to raise capital to support its capital improvement plan through the issuance of tax-exempt bonds and/or conventional bank loan(s). The required services include, but are not limited to: provide advice regarding the structure and overall approach to the issuance of bonds, negotiate terms, underwrite bonds; assist in obtaining approvals from U.S. Department of Housing and Urban Development ("HUD"); manage all aspects of the sale of bonds and/or conventional loan application processes; and all other related activities as requested by PHA. Activities contemplated under this solicitation are subject to and proposers must be familiar with the HUD Capital Fund Financing Program ("CFFP"), applicable regulations, and application and approval processes. Information regarding the Capital Fund Financing Program ("CFFP") is available for review at the website http://portal.hud.gov/hudportal/HUD?src=/program_offices/public_indian_housing/programs/ph/capfund/cffp. Bond and loan transactions resulting from this solicitation require HUD approval.
The contract term shall be for a period of one year with an option to renew for an additional one year period at the sole option of the PHA.