Description
The Pennsylvania Housing Finance Agency (PHFA) is seeking a law firm to provide bond counsel services for its single-family mortgage revenue bond program. The selected firm will provide specialized tax and bond counsel services relating to the issuance of taxable and tax-exempt debt and overall management of the tax plan and mortgage administration for the program. The firm must possess expertise in complex and technical mortgage revenue bond financing, real estate, security, and tax compliance issues. The contract will be for a term of 5 years, and the selected firm will be required to meet certain qualifications and requirements, including providing a technical submittal, cost submittal, and SDB/VBE participation submittal.
• The selected firm will provide legal services and perform all tasks necessary to successfully represent the Commonwealth.
• The firm must have expertise in mortgage financing, tax, asset-backed securities, and housing bond expertise.
• The firm must have available expertise in regulatory and consumer banking areas to assist in the operation of the single-family financing program.
• The firm must meet certain qualifications and requirements, including providing a technical submittal, cost submittal, and SDB/VBE participation submittal.
• The firm must comply with the terms and conditions of the contract, including maintaining SDB and VBE participation commitments.