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Ohio Air Quality Development Authority·Ohio

Request for Participation: Lender Network for the Small Business Clean Air Program

Closes 6/29/2027$50k – $300kRequest for Expression of Interest
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Description

The Ohio Air Quality Development Authority (OAQDA) is seeking Ohio‑based financial institutions to join a lender network that will provide small‑business clean‑air project financing. Participating lenders will underwrite loans (generally up to $350,000) for eligible Ohio small businesses, purchase corresponding OAQDA revenue bonds, and use standardized documentation and bond‑counsel opinions. The network is intended to streamline financing, reduce transaction costs, and expand access to affordable capital for clean‑air upgrades. Lenders retain full underwriting discretion; no obligation to fund any specific project is created by joining the network. • Submit a brief email response with institution details, market served, experience (small‑business lending, conduit bonds, prior OAQDA work), loan products, fee structures, and willingness to adopt OAQDA’s standardized processes. • Responses are due any time before the solicitation closes on June 30 2027; OAQDA will reply within 30‑60 days of receipt. • Selected lenders are listed publicly and may receive loan pipeline opportunities from Ohio small‑business borrowers seeking clean‑air financing.

Attached files

Contact

[email protected]

Key dates

Opened
8/12/2026
Questions due
6/30/2027
Closes
6/29/2027

Last updated

Details

Type
Request for Expression of Interest
Industry
Financial Services
NAICS
522110
Solicitation №
SRC0000041223

Budget estimate

$50,000 – $300,000

The solicitation does not specify a fixed fee or contract value; instead, participating lenders earn revenue through the interest spread on loans and any fee structures they offer borrowers (origination fees, documentation fees, etc.). For a typical small‑business loan of $250,000 with an origination fee of 1‑2% and a modest spread, a lender might earn $2,500‑$5,000 per transaction. Assuming a lender closes 20‑40 such loans per year through the network, annual earnings could range from roughly $50,000 to $200,000. Larger loans up to $350,000 or higher‑fee structures could push the high end toward $300,000.

AI estimate from the solicitation

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