Financial Consulting Services

The Norfolk Redevelopment and Housing Authority in Norfolk, Virginia, is seeking financial consulting services to maintain and improve financial compliance with HUD regulations and strengthen long-term financial sustainability. The agency needs to support its redevelopment, repositioning, and capital planning efforts while ensuring compliance with all relevant HUD regulations. To solve these challenges, the agency requires a consultant to conduct a comprehensive internal controls assessment, develop agency-wide cash flow projections, and coordinate preparation for annual independent audits. The scope of work covers developing Authority-wide and Asset Management Project financial projections, conducting portfolio-level financial health assessments, and performing scenario modeling for subsidy proration, Rental Assistance Demonstration conversion, and repositioning strategies. The selected partner will perform all work offsite. Eligibility is restricted to onshore organizations based in the United States. Bidders must submit any questions regarding this opportunity no later than June 12, 2026. The agency is looking for proposals to determine the budget and accepts digital submissions via email or online.