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SSBCI/DC SBCRE- Loan Participation Program

Forecast
State & Local

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The SSBCI/DC SBCRE Loan Participation Program is a forecast initiative managed by the District of Columbia's Department of Insurance, Securities and Banking. Operating under NAICS code 522292, the program is designed to support small business commercial real estate efforts within the District. This program functions as a loan participation framework aimed at increasing access to capital for small businesses seeking commercial real estate opportunities. It is administered by the DC government to foster economic growth and stability for local business owners through strategic financial partnerships.

General Info

DC program providing loan participation to increase small business commercial real estate capital.

Agency

District of Columbia → Insurance, Securities and Banking (DISB)

Place of Performance

DC, USA

Set-Aside

NONE

Documents

0

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Organization & Contact Information

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AgencyDistrict of Columbia → Insurance, Securities and Banking (DISB)
ContactsNo contacts available
OfficeDC
Organization / Agency
District of Columbia → Insurance, Securities and Banking (DISB)
Office AddressDC
ContactsNo contact information available

Full Description

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DC BIZCAP SMALL BUSINESS COMMERICAL REAL ESTATE PROGRAM

Similar Contracts

Same NAICS industry code

NAICS: 522292
SLED
RFA 9305 FLEX Lending Program
Solicitation # S-91400-00017158
The Oregon Housing and Community Services Department (OHCS) is establishing the Flex Lending Program through RFA 9305 to increase homeownership access for low to moderate income families in Oregon. This solicitation seeks to create a pool of up to 100 approved mortgage lenders to originate, underwrite, and deliver mortgages to the Department or its servicers. Selected lenders will enter into agreements for a potential term of up to 10 years and must adhere to guidelines set by Government Sponsored Entities (GSEs) such as Fannie Mae, Freddie Mac, and Ginnie Mae, as well as FIRREA appraisal standards. Lenders are responsible for qualifying borrowers, managing fund reservations, and ensuring homebuyers complete education from an approved counselor. To qualify, applicants must maintain a public office in Oregon or within 50 miles of the state border, and owners with more than 10 percent ownership must possess at least five years of industry experience. The application process is evaluated on a pass/fail basis, requiring a non-refundable 1,500 dollar application fee and a 1,000 dollar annual renewal fee. Complete application packages, including corporate resolutions, tax affidavits, and certifications regarding the Bank Secrecy Act and Anti-Money Laundering, must be submitted in PDF format to the designated procurement contact. The program is governed by Oregon law, with judicial venue in the Circuit Court of Marion County.
Housing and Community Services Department

POSTED

5 months ago

DEADLINE

in over 8 years
View Details

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