Iron Mountain Housing Commission Awards Construction Contract to Standard Acq Rehab Llc (November 2025)

MSHDA approved an inducement for Pinebrook Manor's $34.9 million acquisition and rehab project by Standard Acq Rehab LLC in Lansing, with $20.8 million in loan financing.

Document date · November 20, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$34,921,748 (total development cost); $20,842,000 (loan amount)

Contract type

CONSTRUCTION

Renewal

Bond financing structure; regulatory period runs while bonds outstanding, not less than LIHTC or IRS minimums.

Document type

Agenda

Source document

Michigan State Housing Development Authority Agenda November 2025

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Iron Mountain Housing Commission, Michigan$34,921,748 (development cost); $20,842,000 (bond/loan amount)Nov 20, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Iron Mountain Housing Commission?

Standard Acq Rehab Llc was awarded this construction contract by Iron Mountain Housing Commission, as recorded on November 20, 2025. The contract value is $34,921,748 (total development cost); $20,842,000 (loan amount).

How much is the Standard Acq Rehab Llc contract with Iron Mountain Housing Commission worth?

The Standard Acq Rehab Llc contract with Iron Mountain Housing Commission is valued at $34,921,748 (total development cost); $20,842,000 (loan amount), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Michigan State Housing Development Authority Agenda November 2025 (Agenda), dated November 20, 2025 from Iron Mountain Housing Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Standard Acq Rehab Llc hold?

Standard Acq Rehab 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 Standard Acq Rehab 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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