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Metro Credit Union Funds East Milton Construction Loan

MassHousing logoMassHousing
Disclosed value
$29,820,000 (construction loan)
From minutes
Document date
Apr 8, 2025

The 30-second brief

What it covers

Metro Credit Union is providing a $29.82 million construction loan for the 92‑unit Residences at East Milton development in Milton. The loan will be repaid at stabilization through a permanent financing package involving Freddie Mac and a MassHousing subordinate loan.

Who holds it

Metro Credit Union holds this financial services contract with MassHousing. Its other public contracts on record include work for St. Louis Housing Authority and City of Chelsea.

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Contract details

Contract type
Financial Services
Amount
$29,820,000 (construction loan)
Document date
April 8, 2025
Vendor
Metro Credit Union
Agency
MassHousing
Source document
masshousing-board-meeting-minutes-april-8-2025_dc0.pdf (Minutes)

Metro Credit Union's other public contracts

St. Louis Housing Authority, MissouriSLHA Reports Metro Credit Union Investment · Oct 16, 2026UndisclosedCity of Chelsea, MassachusettsChelsea Accepts Metro Credit Union Donation · Sep 14, 2026$500Somerville Housing Authority, MassachusettsSHA Moves CD to Metro Credit Union at 4.55% · Apr 20, 2023Arlington village, IllinoisEmployee Recognition Expenses via Metro Credit Union · Mar 7, 2022$3.2KOmaha Public Schools, NebraskaRetirement refund payments to Metro Credit Union approved · Feb 3, 2022All Metro Credit Union contractsVendor profile

More MassHousing contracts

Exchange Salem NineExchange Salem Nine Permanent Loan Approved · Jul 14, 2026UndisclosedLink House IncLink House Awarded CCRI Grant · Jul 14, 2026$62.9KCfx IncorporatedcfX Incorporated Provides Bond Advisory Analysis · Jul 14, 2026UndisclosedTroubled Waters Inc Dba the Bridge Club of LowellGrant Approved for Bridge Club of Lowell · Jul 14, 2026$150KSteppingstone IncSteppingstone Grant Approved for Renovations · Jul 14, 2026$76.2KAll MassHousing activityAgency profile

Questions about this contract

Who was awarded the financial services contract by MassHousing?

Metro Credit Union was awarded this financial services contract by MassHousing, as recorded on April 8, 2025. The contract value is $29,820,000 (construction loan).

How much is the Metro Credit Union contract with MassHousing worth?

The Metro Credit Union contract with MassHousing is valued at $29,820,000 (construction loan), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in masshousing-board-meeting-minutes-april-8-2025_dc0.pdf (Minutes), dated April 8, 2025 from MassHousing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Metro Credit Union hold?

Metro Credit Union may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is MassHousing currently buying?

Explore MassHousing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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