Requests for Proposals for Loan Services and Asset Management

The Connecticut Municipal Development Authority (CMDA) is seeking a qualified firm to provide loan services and asset management. The selected firm will be responsible for servicing loans, maintaining borrower relations, monitoring and overseeing construction draw requests, and preparing reports. The CMDA has a $60m authorization through FY26 and a $30m authorization for FY27, with anticipated future authorizations. The majority of the $90m is expected to be allocated to projects by the end of FY27. • The selected firm will provide loan services and asset management to the CMDA. • The firm will be responsible for servicing loans, maintaining borrower relations, and monitoring and overseeing construction draw requests. • The firm will also be responsible for preparing reports. • The CMDA has a significant amount of funding available for projects, with a $60m authorization through FY26 and a $30m authorization for FY27. • The selected firm will play a critical role in supporting the CMDA's mission to stimulate economic and transit-oriented development throughout Connecticut.