The County of Los Angeles Department of Economic Opportunity is soliciting proposals from qualified financial institutions or Community Development Financial Institutions to administer financial services under the Employee and Worker Ownership Initiative. The program aims to expand wealth-building opportunities, support business succession, and promote job stability by facilitating employee and worker ownership models such as cooperatives, Employee Stock Ownership Plans, and Employee Ownership Trusts. The selected contractor will manage a loan program, including underwriting, loan structuring, servicing, and portfolio management. Additional responsibilities include financial counseling, coordinating with technical assistance providers, supporting loan committee processes, and ensuring compliance with reporting requirements. The initiative also emphasizes equitable access to financing for underserved communities and alignment with broader economic development strategies across Los Angeles County.