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  5. ›Continuous Advice and Recommendations 2026

Rhode Island Housing and Mortgage Finance Corporation·Rhode Island

Continuous Advice and Recommendations 2026

Closes 12/31/2026$150k – $500kRequest for Proposal
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Description

Rhode Island Housing and Mortgage Finance Corporation (RIHousing) is seeking unrestricted advisory services on a broad set of municipal‑securities and affordable‑housing financing topics for the calendar year 2026. The solicitation does not prescribe a specific deliverable format; advice may be provided orally or in writing, and respondents may submit unlimited proposals. The agency may accept, reject, or modify any submission at its discretion and retains the right to publish all proposals under state public‑record law. No budget, pricing, or performance requirements are disclosed. • Provide strategic advice on structuring single‑family and multi‑family mortgage revenue bonds, including tax‑exempt vs. taxable options, refunding, hedging, and subsidy creation. • Offer guidance on executing Treasury‑backed (TBA) transactions, CRA investor engagement, risk‑sharing, and credit‑enhancement mechanisms. • Advise on financing for Low‑Income Housing Tax Credit (LIHTC) projects using HUD programs, securitization, and coordination with state/local funding sources. • Support general capital‑needs funding for new programs, risk management, and operational needs of RIHousing. • Submissions are open from 5 Jan 2026 through 31 Dec 2026; all proposals become agency property and may be released publicly.

Attached files

Contact

Thomas McNulty(Director of Finance)

(401) 457-1286

Key dates

Opened
1/5/2026
Closes
12/31/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523130
Solicitation №
Continuous Advice RFP 2026

Budget estimate

$150,000 – $500,000

The solicitation does not disclose any fee schedule. Based on comparable municipal‑advisor and financial‑consulting contracts for state‑level housing finance agencies, annual advisory engagements of this breadth typically range from $150 K for a limited‑scope, part‑time advisory effort to $500 K for a comprehensive, year‑long strategic consulting relationship involving multiple subject‑matter experts. Factors influencing the final amount include the depth of analysis required, number of advisory sessions, and whether the agency elects to retain the consultant for implementation support beyond recommendations.

AI estimate from the solicitation

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