First Time Homebuyer Program Administrator

The City of Pasadena is seeking a qualified consulting firm to manage its Affordable Homeownership Opportunities Program (AHOP), which includes deploying a Calhome-funded mortgage assistance initiative aimed at providing down payment support to up to 12 eligible first-time homebuyers. The selected firm will be responsible for underwriting government-funded first-time homebuyer loans, verifying income eligibility, reviewing applications for accuracy, and coordinating communication with applicants, property sellers, the City, lenders, and escrow officers. Additionally, the firm will assist with the preparation and submission of Requests for Funds to the State, ensuring compliance with program requirements and facilitating smooth program operations. The contract, titled "First Time Homebuyer Program Administrator," is set to be awarded through an informal solicitation process, with a response deadline of June 28, 2025. The project size ranges from $50,000 to $150,000, and the City emphasizes the importance of vendors demonstrating relevant experience, compliance with licensing requirements, and a commitment to equal opportunity employment. Bidders are required to submit detailed forms outlining their qualifications, including vendor questionnaires, licenses, and a record of similar projects, to support their proposals. The overall goal is to ensure effective administration of the homeownership program, helping eligible households access affordable housing opportunities within Pasadena.