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FINANCIAL_SERVICESAPPROVED

Michigan State Housing Development Authority Minutes of Regular Authority Meeting 2026-05-21

Financing Approved for River Towers Apartments Project

Michigan state Housing Development AuthoritySTANDARD RIVER TOWERS VENTURE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIPMay 21, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Authority approved bond-related financing and a loan to Standard River Towers Venture Limited Dividend Housing Association Limited Partnership for acquisition, rehabilitation, and equipping of the River Towers senior apartments in Detroit. Specific financing amounts and terms were not included in the minutes.

Contract Details

Vendor

STANDARD RIVER TOWERS VENTURE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP

Agency

Michigan state Housing Development Authority, MI

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2026

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