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Housing Authority of the city of Raleigh Awards Financial Services Contract to Merchants Bank of Indiana (October 2023)

Housing Authority of the city of Raleigh logoHousing Authority of the city of Raleigh
Approved
Oct 26, 2023

The 30-second brief

What it covers

Merchants Bank of Indiana was designated as the Initial Funding Lender for the $30M Birch and Branch Apartments bond, enabling project construction financing.

Who holds it

Merchants Bank of Indiana holds this financial services contract with Housing Authority of the city of Raleigh. Its other public contracts on record include work for Indianapolis Public Schools and Iowa Finance Authority.

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Contract details

Contract type
Financial Services
Document date
October 26, 2023
Vendor
Merchants Bank of Indiana
Agency
Housing Authority of the city of Raleigh
Source document
housing-authority-of-the-city-of-raleighmeeting-minutes2023-10-26_c55.pdf (Meeting Minutes)

Merchants Bank of Indiana's other public contracts

Indianapolis Public Schools, IndianaIPS Money Market Account Holds $65.66 Million · Aug 31, 2026UndisclosedIndianapolis Public Schools, IndianaIPS Invests Cash in Merchants Money Market · Aug 6, 2026Indianapolis Public Schools, IndianaMerchants Bank Money Market Holds IPS Cash Reserves · Jun 3, 2026UndisclosedIowa Finance Authority, IowaWindsor Pointe Bond Loan Amended With Merchants Bank · Jun 3, 2026Iowa Finance Authority, IowaAuthority Approves Merchants Bank Bond Amendment · Jun 3, 2026All Merchants Bank of Indiana contractsVendor profile

More Housing Authority of the city of Raleigh contracts

Francis Law Firm PLLCRaleigh Housing Authority lists legal counsel firm · Dec 4, 2025UndisclosedMoore Square Harmony HousingMoore Square Apartments to be funded by bonds · Oct 23, 2025$31.7MRaleigh Nursery SchoolRaleigh Nursery School gets new lease agreement · Oct 23, 2025UndisclosedRALEIGHCity of Raleigh to extend lease at McCauley Street · Oct 23, 2025UndisclosedMaple Ridge AptsMaple Ridge Apartments gets $24.5M bonds · Oct 23, 2025$24.5MAll Housing Authority of the city of Raleigh activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Housing Authority of the city of Raleigh?

Merchants Bank of Indiana was awarded this financial services contract by Housing Authority of the city of Raleigh, as recorded on October 26, 2023.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-raleighmeeting-minutes2023-10-26_c55.pdf (Meeting Minutes), dated October 26, 2023 from Housing Authority of the city of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merchants Bank of Indiana hold?

Merchants Bank of Indiana may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Housing Authority of the city of Raleigh currently buying?

Explore Housing Authority of the city of Raleigh's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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