Housing Development Lifecycle Software

Location:

Illinois, USA

Posted on:

Dec 20, 2025

Deadline:

Jan 30, 2026

Summary:

Illinois seeks a comprehensive software solution to manage all phases of affordable multifamily housing development, compliance, and reporting.

(1) Vendor needs to provide housing development lifecycle software.– Provide an integrated Affordable Housing Multifamily Development Lifecycle Software Solution– Agency seeks to implement a comprehensive platform that supports all phases of the multifamily development lifecycle, from pre–development to long–term compliance and affordability tracking through the end of the period of affordability– The system must support the full lifecycle of each development – from initial funding request through the end of the affordability period – while maintaining comprehensive demographic, financial, programmatic, and regulatory data for a portfolio of more than 800 loans, over 300 grants, and approximately 1,100 tax credit properties• The system will or must enable agency to– Receive, review, and process funding applications through a secure, intuitive external user interface– Track project milestones and status updates from underwriting through loan closing and construction– Monitor construction progress and draw requests to ensure alignment with approved budgets and timelines– Manage a diverse portfolio of loans and grants through a comprehensive servicing module– Oversee long–term compliance with program rules and affordability covenants, including income eligibility, rent limits, and physical inspections– Support workflow automation, document management, and correspondence tracking for efficiency and accountability– Capture and report on demographic data to support fair housing and equity goals– Maintain auditable records for federal and state oversight, investor reporting, and public transparency– Enable accurate and timely reporting, using real–time dashboards and customizable analytics tools(2) All the questions must be submitted no later than January 9, 2026(3) The contract period will be for two years.

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