Government Contract | Arizona
LOAN SERVICER FOR HOUSING REHABILITATION PROGRAM

Bid Information


Bid Alert No: 00000595305

Bid Title: LOAN SERVICER FOR HOUSING REHABILITATION PROGRAM

Agency Bid No. Title: H06-946-3697

Received Date: 06/09/2016

Close Date: 07/07/2016

Purchase Type: 2 year term

Delivery Point:

Delivery Date: Not Stated

Special Notices: Pre-Bid Conference 06/23/2016 10:00 AM

Specifications

Specifications include, but are not limited to:The City of Chandler is soliciting proposals for loan servicing for the Citys Housing Rehabilitation Program. The City is seeking a loan servicer to conduct loan set up and ongoing management for the duration of the five to fifteen year loan. The loans are zero percent interest rate with deferred payments for individuals and families who qualify for housing rehabilitation assistance utilizing U.S. Department of Housing and Urban Development (HUD) funding. The City of Chandler has set aside federal funds for the purpose of assisting families of moderate income with necessary dollars to accomplish home rehabilitation. The City desires to partner with a company that is capable of servicing loans up to fifteen years and is capable of offering the services summarized in Exhibit A. Currently, the City of Chandler provides housing rehab loans up to $50,000.00 at 0% interest and a 75:25 deferred to payback ratio

Bid Related Documents

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Amendments

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Product Codes: 94660, 94625

Agency Information


Issuing Agency: City of Chandler

State: Arizona

Agency Type: State and Local

Contact: Raquel McMahon, Purchasing Office Purchasing Division, 249 E. Chicago Street, Chandler, Arizona, 85225

Phone: 480-782-2407

Fax: 480-782-2410

Email: raquel.mcmahon@chandleraz.gov

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