Iron Mountain Housing Commission Awards Financial Services Contract to Merchants Bank of Indiana (March 2025)
Iron Mountain Housing CommissionLocal Housing Authority · Iron Mountain, MI- Approved
- Mar 20, 2025
The 30-second brief
As part of the HōM Flats at 28 West Phase 3 financing, Merchants Bank of Indiana will furnish construction financing whose cash collateral backs the $39 million MSHDA pass-through bonds during construction. This arrangement strengthens security for the bond-funded multifamily project.
Merchants Bank of Indiana holds this financial services contract with Iron Mountain Housing Commission. Its other public contracts on record include work for Indianapolis Public Schools and Iowa Finance Authority.
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Contract details
- Contract type
- Financial Services
- Document date
- March 20, 2025
- Source document
- Michigan State Housing Development Authority Agenda 2025-03-20 (Agenda)
Merchants Bank of Indiana's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Iron Mountain Housing Commission?
Merchants Bank of Indiana was awarded this financial services contract by Iron Mountain Housing Commission, as recorded on March 20, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Michigan State Housing Development Authority Agenda 2025-03-20 (Agenda), dated March 20, 2025 from Iron Mountain Housing Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Merchants Bank of Indiana hold?
Merchants Bank of Indiana 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.