RFP #27022 Athens-Clarke County Affordable Housing Fund Administrator

Eligible entities are invited to submit a proposal to provide professional services to launch and administer the Athens-Clarke County Affordable Housing Fund (ACCAHF). The goal of the ACCAHF is to help address critical affordable housing needs in Athens-Clarke County, through revolving loan programs that result in the creation and preservation of affordable homes.

ACCGov will reserve an initial investment of approximately **$8 million** from the ACCGov Affordable Housing Special Revenue Fund, which has three specific priorities; Acquisition Strike Fund, a Single-Family Affordable Housing Fund, and Gap Financing for LIHTC Projects Fund. Additionally, applicants may request funding to support ACCAHF operations for the first 12 months of implementation, with an expected annual decrease (if contract is renewed past 12 months) as the ACCAHF starts generating its own revenue from interest and principal payments on loans outstanding.

The contractor shall provide all personnel, materials, supervision and other items and services necessary to complete the stated scope of work. ACCGov intends to execute an agreement with selected applicant for a one-year period, with the option to renew the contract for four (4) additional one-year terms if agreed upon by all parties (for a total of five (5) years).

The goal of this RFP is to select an entity to (1) launch and begin administration of the ACCAHF as soon as reasonably possible, but no longer than within a year of selection, and (2) leverage private and public funds from local, regional, and national for-profit and non-profit organizations to maximize impact of the ACCAHF. [...] The selected applicant will be required to work collaboratively with an affordable housing fund consultant selected and paid for by ACCGov during at least the initial 24 months of implementation.

Specific tasks

• Program Development: Collaborate with ACCGov staff and its consultants to finalize ACCGov's frameworks for the revolving loan programs funded by ACCGov under the ACCAHF, including, but not limited to, criteria for eligibility, target income levels, loan products and terms, and the application process.
• Soliciting Borrowers and Originating Loans: Implement robust mechanisms to pre-qualify funding applicants to avoid transaction delays and expedite loan approvals, underwrite loan applications, score and select applications through a first-come-first-served or competitive selection process, execute loan documents, and disburse funds to awardees in accordance with established frameworks.
• Loan Servicing and Portfolio Management: Actively manage ongoing administrative, financial and operational tasks for each loan awarded, including, but not limited to, processing principal and interest payments, delinquency management, customer service, etc.
• Leveraging Additional Funds: Actively solicit private donations, grants, loans, and partnerships to scale the funds, maximizing the impact of the initial investment by ACCGov.
• Monitoring and Evaluation: Implement robust mechanisms to track the performance of loans and projects funded through the ACCAHF.
• Development of an Asset Management Strategy: Create a comprehensive strategy that outlines how the fund administration will interface with selected developers and investments, ensuring the sustainable deployment of funds.
• Community Engagement and Collaboration: Foster new relationships and expand upon existing relationships with local community stakeholders, local developers, and housing advocates to ensure that the fund's priorities reflect community needs.
• Reporting and Accountability: Prepare and submit at least quarterly reports to ACCGov detailing fund performance, financial statements, and progress toward goals.

Deliverables

- Framework Document: Selected applicant will work collaboratively with ACCGov staff and consultants to finalize a comprehensive document outlining the structure of each of the fund programs, including but not limited to eligibility criteria, terms, application procedures, and disbursement processes. ACCGov intends to have this document finalized within 60 days of contract execution.

ACCGov is only accepting electronic bid submissions. Bidders shall create a FREE account with OpenGov Procurement by signing up at https://procurement.opengov.com/signup . Once you have completed account registration, browse back to this page, click on "Draft Response", and follow the instructions to submit the electronic bid.

Deadline for submissions is **December 11, 2026, 5:00 P.M. ET**.

Proposals shall be valid and may not be withdrawn for a period of one hundred twenty (120) days from the date specified for receipt of proposals.

This is a past performance/technical/price trade-off source selection in which competing offeror's past and present performance history and technical ability will be evaluated on a basis approximately equal to price. Award will be made to the responsible offeror whose proposal represents the best value after evaluation in accordance with the factors listed in this RFP.

Proof of ability to meet minimum insurance requirements (Section III.F.14), such as a current Certificate of Insurance or letter from insurer stating ability to secure coverage if awarded contract.

ACCGov intends to execute an agreement with selected applicant for a one-year period, with the option to renew the contract for four (4) additional one-year terms.