Bid Awarded

Kentucky Housing Corporation Senior Managing Underwriter Request for Proposal

Summary

Service Type
Underwriter Services
Bids Due
03/27/2024 at 2:00 PM ET
Sector
Housing
State
Kentucky
Listing Date
03/06/2024
Deadline for Questions
03/13/2024 at 2:00 PM ET

Project Description

The Office of Financial Management (“OFM”) of the Finance and Administration Cabinet of the Commonwealth of Kentucky (the “Cabinet”), on behalf of the Kentucky Housing Corporation (“KHC” or the “Corporation”), is inviting proposals from prequalified firms to provide senior managing underwriter services. The engagement period will be for the fiscal year beginning July 1, 2024 and ending June 30, 2025 (“FY 2025”) with an option to renew on the same terms and conditions for one additional fiscal year at the discretion of OFM and the Corporation.

Pursuant to KRS 45A.850, the Corporation seeks to hire one senior managing underwriting firm to complete financings for single-family program notes and bonds issued under the Corporation’s Housing Revenue Bond Indenture (the “Indenture” or the “General Bond Resolution” or “GBR”) or most likely under the newly created General Indenture.