Financial Advisor Services

The Vendor is required to provide financial services, including providing assistance with ongoing project feasibility, underwriting, training assistance to department staff, and assisting the department in negotiations with selected developers.
- Conduct pro forma analysis and underwriting for real estate development including multifamily affordable housing, homeownership affordable housing, mixed-use development, and transit-oriented development.
- Advise on public/private deal structuring, including alternative financing options, and assessment of equity participation.
- Provide analysis for public/private partnerships, potentially to include developments on ground-leased city property and alternative ownership positions.
- Provide cash flow projection and analysis, including preparation of discounted cash flow analysis for development projects.
- Assist with assessing and scoring financial feasibility of development proposals and evaluate the financial capacity of each developer, including conducting gap, financial feasibility, land and project valuation, residual land value, fair market, and fair reuse analyses.
- Prepare reports for agency loan committee that summarize these findings.
- evaluate proposed transfer of floor area rights (TFAR) transactions and associated community benefits agreements.
- Provide analyses of state redevelopment law in conjunction with affordability restrictions as they relate to the disposition/development of these housing assets.
- Analyze ground lease structuring for affordable and market rate residential and commercial developments.
- Order and perform the review and analysis of physical needs assessment reports.
- Contract Period/Term: 3 years
- Mandatory Proposers’ Conference Date: May 15, 2025
- Questions/Inquires Deadline: May 26, 2025