HomeFirst RFQ

Initial Release date: 03/17/2023
Re-Issue date: 08/08/2023 
New Submission Deadline: 09/22/2023

Pursuant to this Request for Qualifications (RFQ), the City of New York, through the Department of Housing Preservation and Development (HPD) is inviting non-profit organizations with experience managing affordable homeownership programs in the City for a government agency or other public sector entity, to submit qualifications demonstrating their interest and ability to perform the activities related to the HPD’s HomeFirst Down Payment Assistance Program.

The HomeFirst Program provides forgivable loans of up to $100,000 and grants for the acquisition of privately owned 1-4 family homes, condominiums, and cooperatives within the five boroughs of New York City for first time homebuyers earning up to 80% AMI ($113,100 for a family of four in FY23). The Program is administered by HPD with federal funds under the HOME Investment Partnerships Program.

The goal of this RFQ is to enable the City, acting by and through HPD, to review the qualifications of, and potentially select, one or more Loan Program Servicers qualified to support the HomeFirst Program by, among other activities, supporting HPD’s administration and promoting the HomeFirst Program, receiving and reviewing applications for accuracy and completeness, and disbursing loan and grant proceeds.

Selection Criteria

Each Respondent must demonstrate its compliance with each of the threshold eligibility requirements outlined in the RFQ document. Failure to meet these requirements may result in elimination of the submission from further consideration under this RFQ. Respondents will not be given an opportunity to remedy deficiencies with respect to these threshold eligibility requirements after the application deadline.

Submission Requirements

On or before the submission deadline, the Respondent must submit Qualifications in accordance with the instructions and attachments contained in this RFQ, as well as in any addenda that may be issued to this RFQ.

Applications must be submitted no later than 5:00pm on September 22, 2023 to HomeFirstRFQ@hpd.nyc.gov. For a listing of frequently asked  RFQ questions and answers see the “Addendum 1”  link below.

Late submissions will not be accepted.

RFQ Form

Additional forms

Addendum 1

Inquiries

Inquiries should be directed to HomeFirstRFQ@hpd.nyc.gov.