CHFA issues RFP for Bond Underwriters

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WASHINGTON, D.C. – August 24, 2015 – (RealEstateRama) — The Authority is requesting Proposals (the “RFP”) from qualified municipal housing bond underwriters, investment bankers or institutions (the “Firms”) to serve as senior manager(s), co-manager(s) and/or selling group member(s) in connection with the issuance or placement of various series of single family and multifamily bonds, debt, certificate or instrument, purchase and sale of securities including but not limited to, mortgage-backed securities for the benefit of its mission.

The Authority may at its option, issue or place bonds, debt, certificate or instrument under its existing bond indentures or programs such as the Housing Mortgage Finance Program Bonds, Special Needs Housing Mortgage Finance Program Special Obligation Bonds or under new programs or indentures (including new standalone indenture or program) as it sees fit. The proposed engagement will be for a period no longer than three years and it is expected to begin January 1, 2016.Since its inception, the Authority has issued over $16 billion of tax exempt and taxable
bonds of which proceeds from the bonds were used to purchase single family loans and make multifamily loans. Over the next three years, the Authority expects to issue $1 billion to $2 billion of Housing Mortgage Finance Program Bonds and $10 million to $20
million of Special Needs Housing Mortgage Finance Program Special Obligation Bonds. As of December 31, 2014, the Authority has approximately $3.6 billion of debt outstanding.

The full RFP, Requests for Proposals for Bond Underwriters includes the scope of the project instructions for submitting a response. Responses to this RFP must be received by CHFA no later than 12:00 noon, September 17, 2015.

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