240 Legal Services

Housing Finance Authority (“CHFA”) requests proposals for legal services from qualified law firms. Proposals will be considered for the categories of legal representation of special counsel and bond counsel, as described below. Any firm submitting a proposal must be prepared to participate with other firms in arrangements necessary for the representation of CHFA’s interests. A separate proposal must be submitted for each category of legal representation for which you apply. CHFA will not reimburse for any expenses incurred in connection with this Request For Proposals (“RFP”) including, but not limited to, the cost of preparing the initial response and any additional information requested or travel expenses relating to an oral presentation, if required. Please be advised that responses will be considered property of CHFA and are matters of public record. OVERVIEW CHFA, a body politic and corporate constituting a public instrumentality and political subdivision of the State of

Connecticut, was created in 1969 and operates pursuant to Chapter 134 of the Connecticut General Statutes, as amended. CHFA’s purpose is to help alleviate the shortage of affordable housing for low-income and moderate-income families and persons in Connecticut by providing single family mortgages, financing for rental housing, and mortgages for the purchase, development and construction of housing. For additional information about CHFA, please reference CHFA’s website at www.chfa.org. SCOPE OF SERVICES A. Special Counsel Special counsel will provide legal representation on an as-needed basis for various aspects of CHFA's business which includes, without limitation, contract and employment matters, general litigation, single family homeownership and multifamily rental housing financing matters, delinquencies, foreclosures, bankruptcy, partnership law, law of limited liability companies, mortgage insurance requirements, taxation of ownership entities, lender liability and environmental law. http://www.chfa.org/ 2 While CHFA special counsel are encouraged to maintain a diverse legal practice with capacity to apply an in-depth comprehensive range of legal disciplines to the business of CHFA, submissions for the provision of representation limited to specific areas of legal practice are also encouraged and will be seriously considered under this RFP. Accordingly, please identify your firm’s areas of practice in your proposal. Special counsel serving as multifamily closing counsel for the provision of comprehensive legal representation to effectuate the closing and funding of CHFA multifamily financing transactions must: • be able to draft and/or review all legal documentation, all entity organizational documentation, all title and survey matters, and to apply all other regulatory or administrative requirements necessary in order to effectuate multifamily real estate financing transactions necessary to further CHFA’s mission of the continued development of sustainable affordable housing; • be experienced with affordable housing financing in Connecticut including, without limitation, the federal low-income housing tax credit program and related tax credit equity syndication and investment, State of Connecticut affordable housing financing programs, federal tax exempt bond financings, project based Section 8 rental assistance; • be experienced with commercial and multifamily real estate financing in the State of Connecticut, including, without limitation, issues related to title, survey, collateral, contracts, partnerships and limited liability companies, insurance, taxation, and environmental matters and be experienced negotiating and working with borrower counsel, general contractors, environmental consultants, accountants, development consultants, investors and investor counsel and other transaction related parties; and • be effective and efficient transactio