Brownfields Revolving Loan Fund Underwriting Services
| Agency: | State Government of Vermont |
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| State: | Vermont |
| Type of Government: | State & Local |
| NAICS Category: |
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| Posted Date: | Mar 25, 2026 |
| Due Date: | Apr 22, 2026 |
| Original Source: | Please Login to View Page |
| Contact information: | Please Login to View Page |
| Bid Documents: | Please Login to View Page |
Description
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Bid Type: Request for Proposal Locations: Chittenden Keywords: Financial Services, Economic Development, Real Estate Bid Description: REQUEST FOR PROPOSALS 2026-2030 Brownfields Revolving Loan Fund Underwriting Services CCRPC recently secured a $1 million FY25 Revolving Loan Fund (RLF) Grant from EPA under the Infrastructure Investment and Jobs Act (IIJA), which will capitalize a permanent fund for the remediation and redevelopment of eligible brownfield sites within the region and neighboring regions. This mission-driven RLF will fund cleanup projects that benefit residents by reducing exposure to contaminants, create safe and affordable housing, generate job opportunities in newly created or retained commercial space, and/or create public open space. While all eligible projects will be considered, CCRPC will use its RLF to provide discounted and flexible loan terms (in addition to grants) to meet these goals, prioritizing projects that provide clear tangible public benefits and would not be possible without advantageous financing. CCRPC is issuing the attached Request for Proposals with the intent of selecting a qualified firm to provide loan underwriting and advice in financial product design for the RLF. The selected firm will provide guidance and financial oversight that considers the differing needs and capabilities of RLF loan applicants, which may include municipalities, nonprofits, and for-profit entities; unique and sometimes limited financial assets; varying levels of financial risk; and a range of experience in real estate development, environmental remediation, and financial management. A successful RLF program will serve all these needs and remain flexible to accomplish its goals. Responses to this RFP must be submitted as follows: ?Submit one (1) copy via email as a single PDF or ZIP file to dschibler@ccrpcvt.org ?Clearly indicate in the Message Header: CCRPC Brownfields RLF Underwriting Proposal ?Submissions must be transmitted by the deadline listed in Section 1 of this RFP. Proposals received after this deadline will not be accepted. CCRPC staff will confirm receipt via e-mail. Applicants may call 802-540-2508 if no confirmation is received within 72 hours of transmittal.
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