Program Related Investments Servicing Software

The Washington State Housing Finance Commission is seeking to acquire a comprehensive loan servicing software solution designed to effectively manage its Program Related Investments (PRI) loan portfolio. The contract aims to streamline loan administration, improve reporting capabilities, and enhance overall efficiency in servicing PRI loans. The solicitation, posted on July 7, 2025, with a deadline for responses on August 8, 2025, is open to vendors capable of delivering a solution within a budget range of $500,000 to $2,000,000. The project falls under the NAICS code 522390, indicating a focus on other financial investment activities, and is managed by the Washington State Housing Finance Commission, a State-Legislature-Designated entity. Interested vendors are encouraged to contact Carol Johnson via email or phone for further details or to submit proposals. The contract’s scope emphasizes the need for a robust, scalable software platform that can support the Commission’s mission to facilitate affordable housing through efficient loan management. The procurement process is conducted through a designated online portal, providing vendors with access to additional information and submission guidelines. Overall, this contract represents a strategic effort by the Commission to modernize its loan servicing infrastructure, ensuring better oversight and management of its PRI investments.