We partner with many private and nonprofit organizations that provide various types of professional services in support of our mission to meet the diverse needs of Los Angeles. Our committed group of contractors range from social services agencies to information technology professionals. Funding for these contracts comes from local fee funds, as well as private, State and federal grants that are approved by the Mayor and the City Council on an annual basis.
New Contracting Opportunities
Children’s Savings Account Program Request for Proposals (RFP)
Mandatory Proposers’ Conference: Thursday, December 5, 2019 at 2:00 p.m. (PST)
Submission Deadline: Monday, January 27, 2020 at 4:00 p.m. (PST)
The Los Angeles Housing and Community Investment Department (HCIDLA) will administer a Children’s Savings Account (CSA) program in partnership with the Los Angeles Unified School District and the County of Los Angeles. The CSA program will provide a college savings account to enrolled first grade students at Los Angeles Unified School District (LAUSD). The program will work with a financial institution to establish bank accounts for enrolled students, either as individual custodial accounts or in a pooled account structure, with the City of Los Angeles serving as Custodian in both cases.
This RFP seeks to solicit one or more organizations qualified to provide the services under one
or more of the following program categories:
- CSA Financial Services to provide (or create) banking services for the CSA program. Because the program will work with tens of thousands of students each, year, leveraging a financial institution with sufficient capacity can help HCIDLA deliver an efficient and dynamic CSA program.
- CSA Technology Partner to provide or create an online platform for students and theirfamilies to view account balances and receive notifications from HCIDLA.
To read more regarding this opportunity, go to:
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