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Town of Venice HOME Underwriting Consulting Services RFP - Madison County

Town of Venice
Due
Mar 20, 2026
Deadline passed
Contract term
1 year
Deadline passedClosed Mar 20

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SUMMARY

Town of Venice requests proposals for HOME underwriting consulting services in Madison County, Illinois.

The scope includes evaluating developer experience and capacity, financial review of sources and uses, operating proformas, financial statements, and structuring deals with public sector economic development programs. Additional tasks involve reviewing appraisals, cost assumptions, capital budgets, operating statements, advising on tax credit equity sources, identifying funding sources for commercial, industrial, and residential real estate deals, and conducting subsidy layering analysis under HUD guidelines. The contract term is one year with four one-year renewal options. Proposals are due by March 20, 2026.

REQUIRED ATTACHMENTS

Checklist for Financial Underwriting

Duration
12 months
Scope location
Madison County, Illinois

Questions about this RFP

How do I respond to this RFP from Town of Venice?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is March 20, 2026. Be sure to include all required attachments as outlined in the solicitation.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including Town of Venice in IL, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I search RFPs like this in ChatGPT or Claude?

Yes. Civic IQ has an MCP server that connects ChatGPT, Claude and other AI assistants to live Civic IQ data: open RFPs, pre-RFP signals from public meetings, awarded contracts and agency decision-makers across 100,000+ US public agencies. Add https://beta.mcp.civiciq.com/mcp as a connector (in ChatGPT under Settings > Apps & Connectors, in Claude under Settings > Connectors) and sign in with a free Civic IQ account at civiciq.com/mcp.

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Where can I find more RFPs from Town of Venice?

All active and historical solicitations from Town of Venice are tracked and searchable. As a city agency, Town of Venice regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 1 year. Contract terms may include renewal options.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Checklist for Financial Underwriting. Review the full document from Town of Venice for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Madison County, Illinois. Review the full solicitation for detailed scope requirements.

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