The successful attorney(s) or law firm(s) will work with HRIF staff to provide the Services. The successful attorney or law firm must carry professional malpractice insurance coverage. The Services to be provided pursuant to this RFP include, but are not limited to, the following: 3 • Drafting and closing Qualified Equity Investments and Qualified Low-Income Community Investments (“QLICI”); • Assisting with underwriting needs, including qualifying projects, structuring transactions, and issuing term sheets; • Modifying QLICI documents as needed due to unforeseen qualified active low-income community business (“QALICB”) operations; • Preparing and reviewing documents for future QLICI exits; • Assisting with HRIF’s organizational documents and board resolutions, as needed; • Providing general strategic advice regarding structuring NMTC projects; • Assisting with any CDE compliance matters with the CDFI Fund; and • Assisting with any other NMTC related tasks and program requirements, as mutually agreed upon.
