Financial & Affordable Housing Compliance Advisory

The contract entails providing expert advisory services focused on financial structuring for affordable housing projects, with particular emphasis on securing gap funding, ensuring compliance with the Low-Income Housing Tax Credit program, and establishing long-term affordability covenants that last at least fifty years. The scope includes guiding developers through the complex requirements of LIHTC compliance and supporting the preparation and verification of financial capacity documentation necessary to secure and maintain funding. Ongoing audit readiness and financial accountability are critical components, requiring rigorous oversight to confirm that all financial practices align with regulatory standards and preservation goals. The work is positioned as a subcontract under the City of Raleigh, North Carolina, and is categorized under NAICS code 523930, indicating involvement in other financial investment activities. The solicitation was posted on June 16, 2026, with a firm deadline for proposals on August 7, 2026. While specific performance location details are not provided, the services are intended to support housing initiatives within the jurisdiction of the City of Raleigh. The advisory role demands deep technical knowledge in affordable housing finance, sustained commitment to long-term affordability, and the ability to interface effectively with public and private stakeholders to ensure regulatory adherence and financial sustainability over multi-decade timeframes.