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  5. ›CMS #203302 RFP HRP Loan Servicing

Colorado Department of Local Affairs·Colorado

CMS #203302 RFP HRP Loan Servicing

Closes 2/26/2026$500k – $2MRequest for Proposal
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Description

The State of Colorado, Department of Local Affairs, is seeking a loan servicing consultant to manage and service loans made to borrowers who received funding from the Housing Recovery Program. The program aims to help rebuild homes after the East Troublesome Fire in Grand County, the Cameron Peak Fire in Larimer County, and the Marshall Fire and Straight Line Winds disaster in Boulder County. The selected consultant will be responsible for servicing and managing traditional and forgivable loans, engaging with the Department of Local Affairs as necessary, and providing monthly financial reports. The consultant will also be required to review loans for compliance with residency requirements, perform duplication of benefits checks, and release deeds of trust. Key aspects of the job include: • Servicing and managing loans to borrowers • Engaging with the Department of Local Affairs as necessary • Providing monthly financial reports • Reviewing loans for compliance with residency requirements • Performing duplication of benefits checks • Releasing deeds of trust • Maintaining program files for monitoring by state and federal representatives

Attached files

Contact

Brenda Lujan(Procurement and Contracts Manager)

[email protected]

Key dates

Opened
1/27/2026
Questions due
2/5/2026
Pre-bid meeting
2/12/2026
Closes
2/26/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522310
Solicitation №
RFP-NLAA-2026000154-1

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is not explicitly stated in the document. However, considering the scope of work, which includes servicing and managing loans, and the fact that the contract term is anticipated to be 5 years, a reasonable estimate for the budget could be in the range of $500,000 to $2,000,000. This estimate is based on the assumption that the loan portfolio is substantial, and the consultant will be responsible for managing and servicing a large number of loans. Factors that may influence the likely payment range include the number of loans, the average loan amount, and the level of complexity involved in servicing and managing the loans.

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