RFP for Legal Services – Housing Finance

Agency: Philadelphia Housing Development Corporation
State: Pennsylvania
Type of Government: State & Local
NAICS Category:
  • 541110 - Offices of Lawyers
Posted Date: Aug 6, 2025
Due Date: Aug 20, 2025
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Description

RFP for Legal Services – Housing Finance

PHDC is pleased to issue this Request for Proposals (“RFP”) to interested qualified attorneys/law firms (each, a “Respondent”, and collectively, the “Respondents”) to support PHDC’s Legal Department with the negotiation of terms and conditions, preparation of loan documents and conducting closings for construction/permanent loans for low/moderate income homeownership and multi-family rental projects of the type financed by PHDC.

Respondents should have familiarity with the regulations, practices and policies of HUD’s Community Development Block Grant, HOME Investment Partnership, the new HOME regulations effective as of April 2025, Supportive Housing, Housing Opportunities for Persons with AIDS and Capital Advance Programs, and the low-income housing tax credit (“LIHTC”) program. Respondents should have keen analytical capacity with a host of housing finance concepts, including, but not limited to, confession of judgment provisions and lien waivers, and have a capacity to critically assess, streamline and otherwise improve template loan documents. Attorneys proposing to work on these matters must be licensed and admitted to the bar in Pennsylvania.

Please download, complete and submit the following document. Note Attachment forms are in the RFP for completing:

Questions/Requests for Additional Information
Questions and requests for additional information should be directed in writing to alex.braden@phdc.phila.gov with the subject line “Legal Services – Housing Finance RFP,” and will be accepted until August 13, 2025 at 3:00 PM.

Submission Deadline
Respondents must submit a Response to this RFP no later than August 20, 2025 at 3:00 PM . Absolutely no Response will be accepted after this time.

Submission Process
Respondents must either: submit a response via email to alex.braden@phdc.phila.gov or submit (3) original copies of the response and one electronic copy on a USB Flash Drive (Microsoft Word or Adobe PDF file format only) to PHDC via hand delivery or registered mail to:

Alex Braden, General Counsel
Philadelphia Housing Development Corporation
1234 Market Street, 16th Floor
Philadelphia, PA 19107

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