Sources SoughtPosted Sep 14, 2026·Responses due Sep 18, 2026

FHA Multifamily Underwriting Training

Housing and Urban Development · CPO : FHA HOUSING SUPPORT DIVISION

Stage
Early notice (sources sought, presolicitation or special notice)
NAICS
611430
Value
Not stated
Solicitation
REVISED-FHA-2027-016
Set-aside
Small Business Set Aside - Total
PSC
U009
Place
Alexandria, VA, USA
Contact
Tradine Washington (tradine.d.jackson-washington@hud.gov)
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CSV Email

Capture briefs (a one-page, shareable copy of this page) are part of Pro. The CSV here holds the notice, its timeline and past awards.

Where this opportunity stands

Every notice posted under solicitation REVISED-FHA-2027-016 in this department, oldest first.

Early notice
  • Sep 14, 2026
    Sources Sought
    Open
  • Sep 14, 2026 · this notice
    Sources Sought
  • Sep 14, 2026
    Sources Sought
    Open
Solicitation
None posted
Award
Not yet. Too few past cases at this agency to estimate timing (1 found; 10 needed).

Next steps for this stage

Standard steps for the notice type; not advice about this buyer.

  • Answer the notice: this is when the requirement can still be shaped.
  • Contact the contracting officer named on the notice.
  • Check who won similar work; they are the likely bidders.

What the notice says

The Department of Housing and Urban Development (HUD) is issuing this source sought synopsis as a means of conducting market research to identify parties having an interest in and the resources to support this requirement for a contractor to provide training services to provide a structured, instructor-led, virtual training program tailored to FHA Section 223 (f) - multifamily mortgage underwriting, technical review, loan processing, and related program activities. The training shall strengthen participants' knowledge and practical application of FHA multifamily underwriting principles, includ… (show all)

ing analysis of borrower and project financial information, market and appraisal data, property and capital needs information, environmental considerations, loan documentation, and multifamily lending risks. The Contractor shall be responsible for: Provide training materials that address the required learning areas identified in this SOW. Delivering live virtual instruction to HUD participants. Providing practical examples, exercises, case studies, scenarios, or other applied learning activities relevant to FHA multifamily mortgage transactions. Incorporating participant engagement methods such as discussion questions, knowledge checks, problem-solving activities, financial analysis exercises, or similar instructional techniques. Providing opportunities for participants to analyze and interpret information commonly used in FHA multifamily underwriting. Providing assessments or applied exercises to evaluate participant understanding of key course concepts. Providing documentation identifying participants who successfully complete the training requirements. Coordinating with the Government regarding the training schedule, instructional sequence, participant materials, virtual access, accessibility, and course administration. The Contractor may use commercially available training materials, customized materials, or a combination of both, provided the final training satisfies the requirements of this SOW and is not dependent on a proprietary certification or vendor-specific credential unless separately approved by the Government. The result of this market research will contribute to determining the method of procurement. The applicable North American Industry Classification System (NAICS) code assigned to this procurement is 611430, Professional and Management Development Training. There is no solicitation at this time. This request for capability information does not constitute a request for proposals; submission of any information in response to this market survey is purely voluntary; the government assumes no financial responsibility for any costs incurred. The government will evaluate market information to ascertain potential market capacity to 1) provide services consistent in scope and scale with those described in this notice and otherwise anticipated; 2) secure and apply the full range of corporate financial, human capital, and technical resources required to successfully perform similar requirements; and 3) implement a successful project management plan that includes: compliance with program schedules; cost containment; meeting and tracking performance; hiring and retention of personnel and risk mitigation. Based on the responses to this sources sought notice/market research, this requirement may be set-aside for small businesses or procured through full and open competition. Telephone inquiries will not be accepted or acknowledged, and no feedback or evaluations will be provided to companies regarding their submissions. Background: HUD staff involved in FHA multifamily underwriting, technical review, loan processing, and related program activities require a comprehensive understanding of large-scale multifamily lending and the information used to evaluate FHA-insured multifamily mortgage transactions. FHA multifamily transactions require consideration of borrower organizational structures, mortgage credit, financial statements, project income and expenses, physical property conditions, capital needs, environmental factors, market conditions, appraisal and valuation information, loan documentation, and lending risks. HUD staff must be able to analyze and interpret this information, identify material risks, understand how individual underwriting components relate to the overall transaction, and determine how the information affects FHA multifamily underwriting decisions. This training requirement is intended to provide HUD participants with structured and applied instructions that support the development and enhancement of multifamily underwriting competencies. Training shall be aligned with applicable HUD guidance, including relevant provisions of the current MAP Guide, current approved HUD forms, and other applicable FHA multifamily program requirements. The training shall be aligned with applicable HUD guidance, including relevant provisions of the current Multifamily Accelerated Processing (MAP) Guide, current HUD policies and other applicable FHA multifamily program requirements (https://www.hud.gov/hudclips/letters/mortgagee) General Description of Work: The Contractor shall provide a virtual instructor-led training program of approximately six months (January � June) in duration during the period of performance. The training shall provide sufficient instructional time, participant interaction, practical application, independent learning activities, and assessment to address the required learning areas identified in Section 5.4. The Government anticipates approximately one live virtual session per week, each session lasting approximately two hours. Offerors may propose an alternative schedule, sequence, or delivery structure, provided the proposed approach satisfies the learning objectives and allows completion within the period of performance. The final training schedule shall be coordinated with and approved by the Government after award. Please see the Statement of Work (SOW) for specifics about the tasks associated with this effort. Detailed descriptions of specific tasks are provided in Section 5.4, "Specific Requirements and Performance Standards� of the draft Government�s SOW � See Attachment 1. Response Information: THIS IS AN RFI with ROM ONLY to identify sources that can provide FHA multifamily Mortgage Insurance and Underwriting Training. Interested vendors are those vendors who have interest in providing a response to RFI with ROM and who can provide a vendor capability statement demonstrating a commercial solution and technical experience for this requirement, including relevant scope in terms of its size, complexity and magnitude to the tasks/activities to be performed under this requirement, particularly, as it pertains to the support services and technical solutions required for the Federal Housing Administration multifamily mortgage insurance program and underwriting process for U.S. Department of Housing and Urban Development staff. All capable and available firms are encouraged to participate. Please be advised that generic capability statements are not sufficient for effective review of respondents� response. It must directly demonstrate the company�s capability, experience, and/or ability to marshal resources to effectively and efficiently perform each of the tasks described above in sufficient level of detail to allow definitive numerical evaluation; and evidence that the contractor can satisfy the minimum requirements listed above in compliance with RFO 52.219-14 (�Limitations of Subcontracting�). Failure to definitively address the requirement will result in a finding that respondent lacks the capability of performing the work. Responses to this notice shall be limited to ten pages, and must include: Company name, mailing address, e-mail address, telephone and FAX numbers, website address (if available), and the name, telephone number, and e-mail address of a point of contact having the authority and knowledge to clarify respo

Who won similar work

27 award notices on SAM.gov in the last 24 months. Matched by: Same agency (Housing and Urban Development), any industry: a loose match.

Loose match: same agency, any industry. Read the titles before treating these as competitors.

Single-winner award sizes (13): middle half $4.0M to $7.8M, median $4.0M; range $21K to $26.5M.

WinnerAwardsValueLast
DOYLE JOHN Haddonfield NJ 08033 USA4– + 4 sharedDec 12, 2024
GILL GROUP INC4– + 4 sharedDec 12, 2024
INTEGRA AIM LLC4– + 4 sharedDec 12, 2024
ALPINE COMPANIES, INC. · $ACDC · $2.6B3$51.6MSep 30, 2026
ZIMMETRY ENVIRONMENTAL MANAGEMENT, CORP2$8.0MMar 20, 2026
AFS-IEI JV, LLC2$8.0MMar 24, 2026
FEASIBILITY RESEARCH GROUP OHIO LLC2– + 2 sharedDec 10, 2024
RESIDENTIAL ENHANCEMENTS, INC.1$15.0MDec 5, 2025
Hunton Andrews Kurth LLP1$6.1MMar 17, 2025
MALMAR LLC1$4.4MNov 20, 2025

Value counts single-winner awards. "Shared" awards are multiple-award contracts that list every winner with the same total ceiling; that ceiling is not one company's win, so it is not added in. Revenue next to a ticker is the company's last annual revenue from its 10-K.

Investor context
  • $ACDC reported $2.6B revenue in FY2025. The median single-winner award in these 13 past awards, $4.0M, is 0.2% of that. 10-K

One award's total value against one year of revenue; many awards are paid over several years.

Latest awards

Materiality: one award's value as a share of the winner's revenue over the latest 12 months in its SEC filings (or its last fiscal year, as noted when you point at it). Low under 1%, Medium 1 to 5%, High 5% or more. Many awards are paid over several years, so this overstates a single year's share.

Competitive landscape

For the 8 most frequent past winners above. Lobbying is matched by the company's exact name or exact ticker; agencies are as named on the filings.

  • 0 of these past winners lobbied Housing & Urban Development, Dept of (HUD) since 2024 (0 filings)
  • 0 of their lobbyists list a past Housing & Urban Development, Dept of (HUD) job
  • No corporate PAC money from them to the overseeing committees since 2024
  • 0 foreign-agent (FARA) registrations
See who and the source records with Pro

Policy around it

Bills the past winners named while lobbying this agency's issues, rules from the department, and executive orders that name the agency, last 12 months.

  • 0 bills named on the past winners' lobbying filings
  • 27 rules from the department in the last 12 months
  • 0 executive orders naming the agency in the last 12 months
See who and the source records with Pro

Market

For past winners matched exactly to a listed company. Insider trades are open-market buys and sells (Form 4) in the last 90 days, shown as facts; our own study found insiders do not reliably buy ahead of awards. A sale marked 10b5-1 was made under a trading plan set up in advance.

  • 1 of the past winners are listed companies
  • 1 insider buys and 0 insider sells at them in the last 90 days
See who and the source records with Pro

Sources: SAM.gov notices and award notices; Senate LDA lobbying filings; FEC filings; FARA; Federal Register; congress.gov; SEC Form 4. Every row above links to its record.

Companies are matched to tickers by exact name only. A company we could not match shows no market rows; that is a miss, not a finding.