Third Party Transfer Program Request for Qualifications

HPD invites established real estate development firms and community based not-for-profit organizations, with experience in housing management and rehabilitation, to submit descriptions of their qualifications to acquire, rehabilitate, and manage tax foreclosed, privately-owned, distressed residential properties through HPD’s Third Party Transfer Program.

The Round VIII Request for Qualifications ("RFQ") for the Program is available for download below. The RFQ contains a detailed description of the Program and its eligibility criteria and application requirements. There is no charge for obtaining a copy of the RFQ, though there is a submission fee as detailed in the RFQ.

The Round VIII RFQ text and exhibits are available in PDF format. The forms have been provided in both PDF format and Microsoft Word and Excel format to facilitate their completion.

RFQ Text (.PDF)

• RFQ Exhibit A
  • Form 1: Applicant Description (Word)
  • Form 2: Residential Development Experience (Word)
  • Form 3: Residential Management Experience (Word)
  • Form 4: Active Pipeline (Word)
  • Form 5: Cooperative Conversion Experience(Word)
  • Form 6: Principal's Property Listing (Word)
  • Form 7: Assets Statement (MS Excel; please print all 6 pages)
  • Form 8: Credit Authorization Form (Word)
  • Form 9: Applicant's Letter(Word)
• RFQ Exhibits B and C (Word)
• RFQ Exhibit D (Word)

Please note that the submission deadline for Round VIII is October 17, 2008.

The lists of properties currently active in Round VIII of the Third Party Transfer In Rem foreclosure action are available on this website. Note that many of these properties may be redeemed by the current owners before transfer takes place.

Inquiries regarding the RFQ should be directed to:
Rebecca Koopman
Division of Preservation Finance
100 Gold Street, Room 9-04
New York, NY 10038
Phone: (212) 863-5165; Fax: (212) 863-6411

People with disabilities requiring special accommodations either to pick up the RFQ or to deliver a complete application should contact the Agency Contact above so that the necessary arrangements can be made.

HPD expects to qualify many more potential developers than available properties. Therefore, many qualified developers will not receive properties through the Program. HPD reserves the right to negotiate with any number of Qualified Developers, accept or reject any or all applications received as a result of this RFQ, or postpone or cancel this RFQ in part or in its entirety.