Immediate and Long-Term Capital Repairs Financing Services

Overview

Financial, Legal, HR & Staffing

Union City, New Jersey, United StatesPosted 2 months agoDeadline: March 25th, 2026

Fit Score

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SUMMARY

Union, New Jersey seeks vendors for financing services to support immediate and long-term capital repairs for two family housing developments.

KEY REQUIREMENTS

Proposals must conform to all requirements outlined in the specification
Financing proposal to include information regarding annual prepayment options
Include a Sources and Uses section
Include all fees and costs, third party reports, and any necessary collateral
Use attached Proposal of Basic Terms and Conditions or similar formatting
Proposals must be submitted in a sealed envelope marked "RAD LENDER"
Submit 1 original and 3 hard copies of the proposal
Email a copy of the proposal to the financial advisor and accountant
Include a signed certification acknowledging all Addenda

BUDGET

Estimate

$34,265,500

TIMELINE

Notice Publish Date: February 27th, 2026

Written questions must be submitted prior to March 13th, 2026

A lender conference call is scheduled for March 16th, 2026

Proposals due: March 25th, 2026

QUESTION DEADLINE

March 13th, 2026

Issuing Agency

Union City Housing Authority

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DESCRIPTION

A government authority located in Union, New Jersey is seeking vendors to provide financing services for immediate and long-term capital repairs across multiple family housing projects. The projects include two main developments: the first, consisting of 147 units distributed among various bedroom configurations, located in three 7-story rental apartment buildings; and the second, a family project with 96 units comprising 1-, 2-, and 3-bedroom options.

The initiative aims to secure funding solutions for necessary capital improvements on these residential properties. Vendors interested in participating should note that the main RFP document is currently unavailable, and specific questions must be submitted by March 13, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.