Mandatorily Redeemable Preferred Equity for Disadvantaged Community Lenders (RFP 19)

Agency: State Government of New York
State: New York
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Sep 27, 2021
Due Date: Sep 1, 2022
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RFP 19: Mandatorily Redeemable Preferred Equity for Disadvantaged Community Lenders
Due Date: Continuous
Description
NY Green Bank’s RFP 19 invites regulated and unregulated financial entities (including but not limited to community development financial institutions [CDFIs], insured credit unions and depository institutions, and not-for-profit corporations that perform lending activities) actively deploying capital into clean energy and sustainable infrastructure projects that benefit disadvantaged communities (DACs) in New York State to submit proposals for NYGB preferred equity investments. Responses will be evaluated on a rolling basis while the solicitation is open. Once NYGB determines that sufficient responses have been received to achieve its intended impact, the solicitation will be closed
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