Bond Financing Advanced for NHF 2021 Limited Dividend Housing Association L.L.C.

MSHDA board recommended inducement for NHF 2021 Limited Dividend Housing Association L.L.C. to receive a $54 million loan for the North Hill Farms acquisition and rehabilitation of 525 units in Pontiac. Credit enhancement provided by Prudential Huntoon Paige Associates, Inc.

Document date · September 19, 2024

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Scope & details

The full contract record, as filed.

Contract amount

$54,000,000 (loan, updated per document); $113,068,744 (development cost, estimated)

Contract type

FINANCIAL_SERVICES

Renewal

Approval is for inducement—loan contingent on bond closing and regulatory agreement.

Document type

Agenda

Source document

mshda_board_meeting_agenda_september_2024.pdf

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PENDING

Michigan State Housing Development Authority | State of Michigan, MichiganOct 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Michigan State Housing Development Authority?

Nhf 2021 Limited Dividend Housing Association Llc was awarded this financial services contract by Michigan State Housing Development Authority, as recorded on September 19, 2024. The contract value is $54,000,000 (loan, updated per document); $113,068,744 (development cost, estimated).

How much is the Nhf 2021 Limited Dividend Housing Association Llc contract with Michigan State Housing Development Authority worth?

The Nhf 2021 Limited Dividend Housing Association Llc contract with Michigan State Housing Development Authority is valued at $54,000,000 (loan, updated per document); $113,068,744 (development cost, estimated), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in mshda_board_meeting_agenda_september_2024.pdf (Agenda), dated September 19, 2024 from Michigan State Housing Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nhf 2021 Limited Dividend Housing Association Llc hold?

Nhf 2021 Limited Dividend Housing Association Llc 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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