Request for Proposals
Financial Advisor for Rental Assistance
Demonstration Program (RAD)
Proposals due by 11:00 AM on Thursday, July 29, 2026
REQUEST FOR PROPOSALS
The Newton Housing Authority (Authority) is seeking the services of a Financial Advisor (FA) to
provide customized advisory services in relation to financing its public housing portfolio
through the US Department of Housing and Urban Development Rental Assistance
Demonstration Program (RAD).
The Authority is converting its public housing units to Project Based Vouchers (PBV) under the
RAD Program. Financial Services are being sought for the preparation of the application(s) to
the New Jersey Local Finance Board for the subject RAD financing.
The Financial Advisor must be able to review the financing documents and advise accordingly
and prepare the Local Finance Board (LFB) application(s) as well as represent the Authority at
the LFB meetings.
Qualifications:
1) Must possess all applicable licenses and certifications necessary to undertake this work.
2) Must be approved by the United States Department of Housing and Urban Development to
provide these services.
3) Should have previous experience providing these services on a similar scale.
Proposal Submission:
The following items should be included in the proposal:
1) Proposal Submission Sheet (attached herein);
2) Listing of similar projects that the firm has previously completed;
3) Listing of references;
4) Copies of applicable licenses and certifications;
5) Valid New Jersey Business Registration Form;
6) Certification that neither the firm nor any of the principals have been suspended or
debarred from participation in HUD Programs (attached herein);
7) Non-Collusive Affidavit (attached herein)
8) Stockholder disclosure form (attached herein)
9) Affirmative Action Compliance Notice (attached herein)
Proposals shall be delivered to the Newton Housing Authority, 32 Liberty Street, New Jersey
07860 by 11:00 A.M, on or before July 30, 2026. The Authority will evaluate all proposals according
to its "Competitive Proposal Evaluation System." All quotes for Financial Advisor shall be submitted
on the required proposal submission sheet. This sheet should be the first page of your proposal.
This solicitation for proposals is being made in accordance with the New Jersey Local Unit
Pay to Play law (NJSA 19:44A 20.4 et seq.) as a “fair and open” process.
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1) Name/Address of Firm:
PROPOSAL SUBMISSION SHEET
2) Telephone / Fax / Email Address:
3) Contact Person:
4) Amount of Maximum Fee (attach separate sheet, if necessary):
5) Amount of any expected reimbursables:
6) Other:
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COMPETITIVE PROPOSAL EVALUATION SYSTEM
Professional Services
Type of Services: Financial Advisor
Name/Address of Respondent:
1) Demonstrated experience and competence in this type of work (20 Points).
2) Familiarity with HUD rules and regulations in general (25 Points).
3) Capability and capacity to accomplish work within the required time period (15 Points).
4) Geographic location of the firm relative to the proximity to the Authority (10 Points).
5) Specialized experience of key personnel in Authority Programs (15 Points).
6) Firm's Equal Opportunity Policy. Each bidder must ensure that all employees and applicants for
employment are not discriminated against because of race, color, religion, sex or national origin (5
Points).
7) Price (10 Points).
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Total Point Score (100 Max):
Narrative Review of Proposal:
CERTIFICATION
Suspension & Debarment Form
Date:
Name of Firm:
Address:
Telephone #:
_________________
_________________________
_________________________
_________________________
_________________________
I, ___________________ (name), duly appointed________________ (position) of
the_________________________________________________ (name of firm) do hereby certify
that I, nor any of principals of our firm, are suspended or debarred from doing business with the
U.S. Department of Housing & Urban Development.
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This is the opportunity summary page. It provides an overview of this opportunity and a preview of the attached documentation.