Iron Mountain Housing Commission Awards Financial Services Contract to Benton Harbor Affordable Housing Solutions Limited Dividend Housing Association Llc (July 2026)

The Michigan State Housing Development Authority authorized a tax-exempt loan of up to $22.99 million to Benton Harbor Affordable Housing Solutions Limited Dividend Housing Association, LLC for the Harbor Towers and Buss Avenue Apartments project. The bond-financed loan will support acquisition and substantial rehabilitation of 173 affordable units in Benton Harbor.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $22,997,647

Contract type

FINANCIAL_SERVICES

Renewal

Initial Section 44c loan commitment; conversion from construction to permanent phase is subject to meeting conditions, and any future modifications would be documented through amendments or additional resolutions.

Document type

AgendaPacket

Source document

Michigan State Housing Development Authority AgendaPacket 2026-07-16

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Michigan State Housing Development Authority AgendaPacket 2026-07-16

APPROVED

Michigan State Housing Development Authority, MichiganNot to exceed $22,997,647Jul 16, 2026

Michigan State Housing Development Authority Minutes of Regular Authority Meeting 2026-07-16

APPROVED

Michigan State Housing Development Authority, MichiganJul 16, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Iron Mountain Housing Commission?

Benton Harbor Affordable Housing Solutions Limited Dividend Housing Association Llc was awarded this financial services contract by Iron Mountain Housing Commission, as recorded on July 16, 2026. The contract value is Not to exceed $22,997,647.

How much is the Benton Harbor Affordable Housing Solutions Limited Dividend Housing Association Llc contract with Iron Mountain Housing Commission worth?

The Benton Harbor Affordable Housing Solutions Limited Dividend Housing Association Llc contract with Iron Mountain Housing Commission is valued at Not to exceed $22,997,647, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Michigan State Housing Development Authority AgendaPacket 2026-07-16 (AgendaPacket), dated July 16, 2026 from Iron Mountain Housing Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Benton Harbor Affordable Housing Solutions Limited Dividend Housing Association Llc hold?

Benton Harbor Affordable Housing Solutions 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.

View Benton Harbor Affordable Housing Solutions Limited Dividend Housing Association Llc's profile

What is Iron Mountain Housing Commission currently buying?

Explore Iron Mountain Housing Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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