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  5. ›Consultant Services, Acquisition Fund Manager RFEI

New York City Economic Development Corporation·New York

Consultant Services, Acquisition Fund Manager RFEI

Closes 5/15/2026$200k – $500kRequest for Expression of Interest
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Description

The New York City Economic Development Corporation is seeking market input on the feasibility of appointing a Fund Manager to provide below‑market bridge loans and environmental‑review assistance for nonprofit organizations undertaking real‑property acquisition projects funded by City capital. This is an informational solicitation; no award will be made from this RFEI, but the responses will shape a future RFP for a Fund Manager. The effort focuses on financing mechanisms, loan structuring, and guidance through regulatory processes for nonprofit real‑estate development. • Objective: assess interest and gather ideas for a fund‑management solution supporting nonprofit acquisition projects. • Scope: potential provision of low‑interest bridge loans and environmental‑review navigation services for CapGrants projects. • Deliverables: written responses outlining capabilities, proposed loan terms, compliance processes, and any innovative financing models; no contract award at this stage.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Hugo Job

[email protected]

(212) 618-5462

Key dates

Opened
2/25/2026
Questions due
4/17/2026
Pre-bid meeting
3/30/2026
Closes
5/15/2026

Last updated

Details

Type
Request for Expression of Interest
Industry
Consulting Services
NAICS
541618
Solicitation №
PIN#11540

Budget estimate

$200,000 – $500,000

No explicit budget is provided. Based on typical consulting engagements for designing a fund‑management program for a large municipal agency, the effort could range from a few hundred thousand dollars for a scoped advisory study up to half‑a‑million for a comprehensive design and implementation plan, depending on the depth of analysis, staffing, and deliverables.

AI estimate from the solicitation

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