What the buyer needs
AI summaryDelaware State Housing Authority, doing business as Housing Delaware, seeks Senior and Co-Manager(s) for tax-exempt and taxable Single Family and Multifamily Mortgage Revenue Bond issuances. The selected underwriting team will also provide technical assistance for financing structures that do not require bond issuance, under an anticipated three-year agreement with an option to extend for up to two years. Eligible onshore U.S. organizations—including encouraged minority-, women-, and veteran-owned business enterprises—must submit signed proposals by 3:00 p.m. on December 1, 2026, to Ujesh Patel via mail or email at [email protected]. Applicants seeking the Senior Manager role must complete all sections, whereas Co-Manager applicants only answer questions marked with an asterisk. Proposers must submit any questions via email by November 20, 2026. Housing Delaware will evaluate proposals based on organization, experience, marketing, financial information, and management fees and bond-related costs, with selection anticipated on or before December 29, 2026.
Scope of work
- Senior Manager services for Single Family and Multifamily tax-exempt and taxable bond issuances
- Co-Manager services for Single Family and Multifamily tax-exempt and taxable bond issuances
- Technical assistance for financing structures that do not require bond issuance
- Potential public offerings of multifamily bonds
- Structuring, book-running, and marketing of housing bond issues
- Cash flow analysis for rating agency presentations
- Expanding Community Reinvestment Act (CRA) sales in Delaware
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Organization | Not specified |
| Experience | Not specified |
| Marketing | Not specified |
| Financial Information | Not specified |
| Management Fees and Bond-Related Costs | Not specified |
Minimum qualifications
- Not a debarred, suspended, or ineligible contractor
- Indicate current excess net capital calculated under SEC Rule 15c3-1
- Disclose political contributions reportable under MSRB Rule G-37 and conflicts under MSRB Rule G-17
Documents to include with your response
- Signed proposal response (maximum 18 pages, excluding cover letter and exhibits)
- Resumes of key personnel (in an appendix)
- List of state housing finance agencies served in the last three years with references (in an appendix)
- List of taxable and tax-exempt housing bond issues over the past three years (in an appendix)
- Most current annual report and financial statements
- Proposed underwriter's discount for $50 million, $100 million, and $200 million Single-Family bond issues
How to submit
- Method
- Electronic
- Instructions
- Submit one electronic version limited to 18 pages, exclusive of a cover letter and exhibits, signed by an authorized representative, to Ujesh Patel, Director of Program Finance, Housing Delaware.
