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  5. ›HALP - Homeownership Assistance Program

City of Toledo·Ohio

HALP - Homeownership Assistance Program

Closes 4/21/2026$5k – $50kInvitation for Bid
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Description

The City of Toledo’s Department of Housing & Community Development (DHCD) is seeking licensed Ohio title companies to act as escrow agents for the HOME at Last home‑ownership assistance program. The selected vendor will provide title insurance, closing services, and related escrow functions for first‑time homebuyer grants, with closing coordinated simultaneously with the borrower’s mortgage. Bids must be submitted electronically via the PlanetBids portal and include a full package of city, annual, and project paperwork, plus a bid guaranty calculated at 5% of the bid (subject to caps). The contract runs for one year, with the possibility of extensions, and the title company must maintain required insurance and comply with living‑wage provisions. • Serve as escrow agent for HOME at Last program funds and provide title insurance/closing services. • Must be a title company licensed by the State of Ohio and meet all City of Toledo vendor documentation requirements. • Submit electronic bid by 4/21/2026, include bid guaranty (5% of bid), and adhere to insurance, bonding, and living‑wage rules.

Attached files

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

Key dates

Opened
4/3/2026
Questions due
4/16/2026
Pre-bid meeting
4/7/2026
Closes
4/21/2026
Duration
1 year

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
524126
Solicitation №
10008602

Budget estimate

$5,000 – $50,000

No contract value is disclosed. Title‑insurance fees for municipal home‑ownership assistance programs typically range from a few thousand dollars per transaction to several tens of thousands annually, depending on the volume of grants processed. Assuming the City will close roughly 20–30 homes per year, the total annual fee could plausibly fall between $5,000 and $50,000. This estimate accounts for the limited contract duration (one year), the specialized nature of escrow services, and the requirement for bonding and insurance which may add modest overhead.

AI estimate from the solicitation

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