Iron Mountain Housing Commission Awards $13,292,622 Financial Services Contract to Cpc Mortgage Company Llc (July 2026)

For the Harbor Towers and Buss Avenue Apartments project, CPC Mortgage Company LLC will purchase MSHDA’s governmental note at conversion, providing approximately $13.29 million in permanent tax-exempt loan financing. The Board also approved a waiver allowing subsequent transfer of the note to Freddie Mac and into a securitization trust.

Scope & details

The full contract record, as filed.

Contract amount

$13,292,622

Contract type

FINANCIAL_SERVICES

Renewal

Permanent loan purchase arrangement under the pass-through bond program; no renewal or extension features indicated.

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

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Cpc Mortgage Company Llc was awarded this financial services contract by Iron Mountain Housing Commission, as recorded on July 16, 2026. The contract value is $13,292,622.

How much is the Cpc Mortgage Company Llc contract with Iron Mountain Housing Commission worth?

The Cpc Mortgage Company Llc contract with Iron Mountain Housing Commission is valued at $13,292,622, covering financial services work.

What type of contract is this?

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

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 Cpc Mortgage Company Llc hold?

Cpc Mortgage Company 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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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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