Request for Proposals Financial Advisor for Rental Assistance Demonstration Program (RAD)

Proposals due by 11 :00 AM on Thursday, August 27, 2026

REQUEST FOR PROPOSALS

The Housing Authority of the City of South Amboy (Authority) is seeking the services of a Financial Advisor to provide customized advisory services in relation to financing its public housing portfolio through the US Department of Housing and Urban Development Rental Assistance Demonstration Program (RAD).

The Authority is converting its public housing units to Project Based Vouchers (PBV) under the RAD Program. Financial Services are being sought for the preparation of the application(s) to the New Jersey Local Finance Board for the subject RAD financing.

The Financial Advisor must be able to review the financing documents and advise accordingly and prepare the Local Finance Board (LFB) application(s) as well as represent the Authority at the LFB meetings.

Qualifications:

1) Must possess all applicable licenses and certifications necessary to undertake this work.

2) Must be approved by the United States Department of Housing and Urban Development to provide these services.

3) Should have previous experience providing these services on a similar scale.

Proposal Submission:

The following items should be included in the proposal:

1) Proposal Submission Sheet (attached herein);

2) Listing of similar projects that the firm has previously completed;

3) Listing of references;

4) Copies of applicable licenses and certifications;

5) Valid New Jersey Business Registration Form;

6) Certification that the neither the firm nor any of the principals have been suspended or debarred from participation in HUD Programs (attached herein);

7) Non-Collusive Affidavit (attached herein)

8) Stockholder disclosure form (attached herein)

9) Affirmative Action Compliance Notice (attached herein)

Proposals shall be delivered to the South Amboy Housing Authority, 250 South Broadway, South Amboy, NJ 08879 by 11 :00 AM. on or before August 27, 2026. The Authority will evaluate all proposals according to its "Competitive Proposal Evaluation System." All quotes for Financial Advisor shall be submitted on the required proposal submission sheet. This sheet should be the first page of your proposal.

This solicitation for proposals is being made in accordance with the New Jersey Local Unit Pay to Play law (NJSA 19:44A 20.4 et seq.) as a "fair and open" process.

Mark Noble, Executive Director