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FINANCIAL_SERVICESPENDING

Michigan State Housing Development Authority Agenda 2026-05-21

Financing Authorization for River Towers Apartments Loan

Iron Mountain Housing CommissionSTANDARD RIVER TOWERS VENTURE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIPMay 21, 2026

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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
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Description

MSHDA will consider authorizing multifamily housing revenue notes or bonds to fund a mortgage loan to Standard River Towers Venture Limited Dividend Housing Association Limited Partnership for the acquisition and rehabilitation of River Towers Apartments. The resolutions would approve financing documents and related loan authority for the senior rental housing project in Detroit.

Contract Details

Vendor

STANDARD RIVER TOWERS VENTURE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP

Agency

Iron Mountain Housing Commission, MI

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2026

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