Asset Remediation and Workout Strategy Development

The contract involves developing strategies aimed at addressing underperforming or non-performing assets, with a focus on loss mitigation, loan modifications, and alternatives to foreclosure. It is categorized under NAICS code 541618 and is issued by the Department of Housing and Urban Development through the Cpo: FHA Housing Support Division. The work is to be performed in Washington, D.C., and is set as a subcontract without a specified set-aside designation. The solicitation was posted on June 9, 2026, and responses are due by June 23, 2026. The primary goal is to create effective remediation and workout plans that assist in managing troubled assets to minimize losses while exploring viable options to foreclosure, helping to stabilize financial risks associated with such assets. This contract represents an important initiative for HUD to enhance asset performance within their portfolio through strategic interventions.