Housing Finance Services

The City of Denton is seeking a qualified vendor to provide financial and accounting services for the Denton City Public Facility Corporation (DCPFC), which aims to increase the stock of affordable housing in Denton, Texas. The vendor will be responsible for providing underwriting services, loan servicing, and accounting services. The City is looking for a vendor with experience in providing financial and accounting services to public facility corporations or similar entities. The vendor should be able to provide innovative methods to deal with municipal challenges and cost-effective solutions. • The vendor will be required to provide financial services, including underwriting and loan servicing, for the DCPFC's activities, primarily focusing on the financing of affordable housing development in Denton, Texas. • The vendor will be required to provide accounting services, including bookkeeping, financial reporting, and audit services, to ensure the financial integrity and compliance of the DCPFC. • The vendor should have experience in government finance, general obligation bonds, and low-interest financing. • The vendor should be able to structure costs relative to the number of PFC partnership applications considered or executed.