The Housing Development Authority of Illinois, operating under the Finance code 916999a5, focuses on facilitating secure, efficient, and financially sound housing development initiatives through strategic financial advisory services and real estate expertise. Its core mission centers on enabling affordable housing programs by leveraging capital markets and real estate transactional support, ensuring public resources are deployed with fiscal discipline and long-term sustainability.
Finance is a government agency with procurement activity across contracts, awards, and contractors.
Spending trends, top contractors, industry breakdown, and recent contract activity.
AI Mission Profile
The Housing Development Authority of Illinois, operating under the Finance code 916999a5, focuses on facilitating secure, efficient, and financially sound housing development initiatives through strategic financial advisory services and real estate expertise. Its core mission centers on enabling aff...
The Housing Development Authority of Illinois, operating under the Finance code 916999a5, focuses on facilitating secure, efficient, and financially sound housing development initiatives through strategic financial advisory services and real estate expertise. Its core mission centers on enabling affordable housing programs by leveraging capital markets and real estate transactional support, ensuring public resources are deployed with fiscal discipline and long-term sustainability. Strategic priorities include structuring debt financing vehicles, optimizing real estate asset management, and securing expert financial guidance to support public housing infrastructure, rehabilitation, and community development efforts. The agency prioritizes transactions that align with state housing goals, emphasizing transparency, market stability, and responsible public investment.
The agency most frequently procures investment banking services and real estate consulting, typically through exempt renewal solicitations and change orders that reflect ongoing, relationship-based engagements. These contracts are structured as direct awards, often without competitive bidding, indicating established vendor partnerships and specialized expertise requirements. Procurement vehicles are tailored to complex financial and real estate advisory needs, favoring continuous service agreements over one-time procurements.
Primary procurement activity targets NAICS 523150 for investment banking services—particularly senior and co-manager roles—and NAICS 531390 for real estate consultants who advise on asset valuation, acquisition, and disposition. The agency does not utilize set-asides and relies on proven, high-caliber firms with demonstrated experience in public sector finance and housing-related real estate transactions. Vendor relationships are characterized by continuity, technical specialization, and deep familiarity with municipal finance structures.
The agency operates as a division of the Illinois Housing Development Authority, with statewide responsibility for housing finance and development support. It employs exempt and direct award mechanisms to engage specialized financial and real estate professionals, ensuring timely and technically sound execution of housing initiatives across Illinois.
Recent Finance Contracts
The latest contract opportunities posted by Finance, including active solicitations and recent awards.