Government Contract | New Jersey
RAD FINANCING

Bid Information


Bid Alert No: 00000592341

Bid Title: RAD FINANCING

Agency Bid No. Title: Not Stated

Received Date: 06/07/2016

Close Date: 06/30/2016

Purchase Type: Not Stated

Delivery Point: Woodbridge, New Jersey

Delivery Date: Not Stated

Special Notices: Pre-Bid Conference 06/09/2016 10:00 AM

Specifications

Specifications include, but are not limited to: The Housing Authority of the Township of Woodbridge (the Authority) has received approvalfrom the U.S. Department of Housing and Urban Development for the conversion of 355 units ofits senior citizen public housing under the HUD Rental Assistance Demonstration program(RAD). The Authority is issuing this Request for Proposals (RFP) from lenders in order toborrow approximately $4,000,000 in construction/permanent debt financing. Debt proceeds willbe used, in part, to renovate the senior housing units in conjunction with a conversion to a HUDlong-term rental assistance contract. The Authority intends to supplement debt proceeds with$2,000,000 from currently held unrestricted reserves for a total project budget of $6,000,000.

Bid Related Documents

Download Document

Product Code: 94660

Agency Information


Issuing Agency: Woodbridge Housing Authority

State: New Jersey

Agency Type: State and Local

Contact: Lawrence Stecker Housing Authority of the Township of Woodbridge, 20 Bunns Lane, Woodbridge, New Jersey, 07095

Phone: 732-634-2750

Email: ls@woodbridgehousingauthority.org

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