January 9, 2017

SDHDA Seeks Proposals for Trustee Services

South Dakota Housing Development Authority is seeking proposals from qualified corporate trustees to provide trustee services for the bond issues of SDHDA. See attachments for more information. 

SDHDA has established the following schedule for selection of the Trustee:

Event Date  
RFP issuance date January 9, 2017  
RFP Questions Deadline by Potential Offerors February 3, 2017 5:00 pm CST  
RFP Answers to Questions February 10, 2017  
Proposals due February 24, 2017 5:00 pm CST  
Completion of evaluations March 2017  
Confirmed selection by SDHDA Board March 2017 SDHDA has selected Wells Fargo Corporate Trust Services to enter into an agreement for services
Agreement for Services executed March 2017  
Start date of Services May 31, 2017   

The above schedule is subject to change upon written notice from SDHDA to all firms to which SDHDA has provided these materials.

Questions or Requests for Additional Information

SDHDA will accept questions and requests for additional information from all potential offerors. All questions and requests for additional information must be submitted to SDHDA on or before February 3, 2017 at 5:00 pm CST. Questions and requests for additional information submitted after this date and time will not be answered. Potential offerors may submit questions or inquiries via telephone or email to:

Todd Hight, CPA
Director of Finance & Administration
South Dakota Housing Development Authority          
Telephone: (605) 773-5665
Email: todd@sdhda.org  (Subject: Trustee RFP)

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