How to Register Your Foreclosure Cleanup Business with Local Housing Authorities for Contracts

How to get a piece of the stimulus money by signing up with your local housing authorities for vendor contracts.
By: Foreclosure Cleanup Blogspot
 
Feb. 4, 2010 - PRLog -- Solid Outlets for Vendor Contracts

Your county's local housing authorities can be good outlets for foreclosure and real estate cleanup contracts. As a small business in any area of real estate contracting, a gold mine in vendor opportunities is available.  Why? Because just recently several cities across the nation have benefitted from millions in stimulus money pouring directly into housing authority coffers.

Millions in Stimulus Money Going to Individual Housing Authorities
For example Norfolk Redevelopment and Housing Authority in Virginia received $9.2 million in stimulus money; New Orleans received almost $35 million; the Tampa Housing Authority received $10.5 million; and the federal government recently gave the Chicago Housing Authority approximately $200 million in stimulus money, most of which is slated to go towards rehabbing and building.  And the list goes on and on.

A good deal of the housing authority stimulus funds are being used to revitalize neighborhoods and to rehab existing housing.

Have You Registered Your Business with Local Housing Authorities?

If you are a contractor such as a property preservation or foreclosure cleanup business, landscaper, hauler, electrician, appraiser, plumbing company, etc., you can register your business with your local housing authorities; and many of the vendor applications are available online.

How Does It Work?

First, real estate contracting businesses should seek out the appropriate housing authorities with which to register as a vendor. Many cities have more than one housing authority servicing an area, so make sure you research the right housing authorities with which to register your foreclosure cleanup or real contracting business.

TIP: Register your foreclosure cleanup business with housing authorities in areas that are close to your business' home-base so you can properly service contracts as they come in.  

Housing Authority Application Process

Once you find the correct housing authorities (http://inkwebdesign.hypermart.net/fcbook/housing-authorit...) with which to register your foreclosure cleanup or contracting business, simply visit their websites and start completing applications online.

Required Follow-up Information via Mail or Fax

You may have to send follow-up information via mail or fax to complete the formal application process (i.e., completed W-9, copy of business license, proof of insurance, etc.). But you can get started immediately by filling out electronic applications online.

Once at a housing authority's website, you will be looking for links that say something like Contracting Opportunities, Vendor Opportunities, Business Opportunities, Doing Business with the Housing Authority, etc.   When you click on the appropriate links, you will be taken to an online vendor application (the application may be called a procurement application, depending on the housing authority).  

From there, simply complete the application as instructed and send out the required follow-up material to complete the process

Bid Solicitations Will Start Coming In

From there, you will start getting bid solicitations, or request from proposals (RFP) from the housing authorities with which you register.  You can also regularly check a housing authority's website to find out which jobs are open for bids. Search a housing authority's website for links like "Current Solicitations" or "Current Opportunities."  

Once you start receiving bid solicitations, you can actually start competing for lucrative contracts for your business.

Good luck registering your foreclosure cleanup business or your contracting service with your local housing authoritiesfor contracting opportunities.

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Foreclosure Cleanup, LLC, authoring company of How to Start a Foreclosure Cleanup Business: FREE Articles & Advice, http://foreclosurecleanupbusiness.blogspot.com, and How to Start a Foreclosure Cleanup Business, http://www.ForeclosureCleaningBusiness.com.
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