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  5. ›RFQ #2211 - EXPANSION OF MAP LENDING SERVICES POOL

Awarded contract·Housing Opportunities Commission of Montgomery County·Maryland

RFQ #2211 - EXPANSION OF MAP LENDING SERVICES POOL

Won by BERKADIA COMMERCIAL MORTGAGE LLC$5MAwarded 10/22/2020Single Award
Contract source

Awarded vendors

  • BERKADIA COMMERCIAL MORTGAGE LLC

Description

This award expands the existing Mortgage Assistance Program (MAP) lending services pool, granting BERKADIA COMMERCIAL MORTGAGE LLC the responsibility to provide additional mortgage financing and related services. The contract is a continuation of a previously established MAP framework, aimed at increasing loan availability and supporting affordable housing initiatives. • Scope: Provide expanded mortgage lending, underwriting, and servicing for MAP participants. • Vendor: Single‑award to Berkadia Commercial Mortgage LLC, a national commercial mortgage lender. • Agency: Housing Opportunities Commission (public‑sector entity) overseeing the MAP program.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Intent to award
10/22/2020
Awarded
10/22/2020
Starts
10/22/2020

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Financial Services
NAICS
522310
Solicitation №
RFQ #2211

Contract value

$5,000,000

The contract expands a mortgage lending pool for a public‑housing program. Similar MAP‑type contracts at the state or municipal level typically range from a few million to tens of millions of dollars, depending on the size of the loan pool and duration. Given the lack of explicit dollar figures, a reasonable ballpark estimate for a single‑vendor expansion of a regional MAP pool is approximately $5 million. This estimate assumes a multi‑year term, fixed‑price reimbursement for loan‑originating services, and a moderate scale of additional loan volume.

AI estimate from the award documents

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