Brownfields Revolving Loan Fund Management Services

The contract seeks a qualified firm to manage the Brownfields Revolving Loan Fund (RLF) by providing loan underwriting, servicing, and financial product design advice. The firm will be responsible for offering tailored financial guidance and oversight that addresses the diverse needs of RLF loan applicants, which may include municipalities, nonprofits, and for-profit entities. These applicants present varying financial assets, risk levels, and experiences, particularly in sectors such as real estate development and environmental remediation. Flexibility and responsiveness to a range of client needs are emphasized to ensure the success of the RLF program. Additionally, the contract arises from the Chittenden County Regional Planning Commission’s (CCRPC) recent organizational growth in budget and staffing, which has created a need to modernize business practices and utilize more sophisticated financial services. The evaluation of proposals will consider the capacity of firms to meet the specialized needs of the Brownfields RLF as well as additional requirements outlined in section 2.4 of the solicitation. The contract is overseen by Vermont’s Department of Economic Development, with proposals due by February 27, 2026. The point of contact for inquiries is available through CCRPC.