Housing Finance Authority of Miami-Dade County Awards Financial Services Contract to Merchants Bank of Indiana (April 2023)
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- Not to exceed $6,000,000
- From resolution
- Approved
- Apr 24, 2023
The 30-second brief
The Housing Finance Authority of Miami-Dade County approved issuance and negotiated sale of up to $6 million in subordinate Multifamily Mortgage Revenue Note Series 2023B to a designee or affiliate of Merchants Bank of Indiana. Proceeds will fund a subordinate portion of the Gardens of Homestead project loan through multiple advances under the Series 2023B Funding Loan Agreement.
Merchants Bank of Indiana holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Indianapolis Public Schools and Iowa Finance Authority.
Term as filed: Final maturity no later than 40 years from date of issuance.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $6,000,000
- Document date
- April 24, 2023
- Term
- Final maturity no later than 40 years from date of issuance
- Source document
- housing-finance-authority-of-miami-dade-county-florida-resolution-april-24-2023_808.pdf (Resolution)
Merchants Bank of Indiana's other public contracts
More Housing Finance Authority of Miami-Dade County contracts
Questions about this contract
Who was awarded the financial services contract by Housing Finance Authority of Miami-Dade County?
Merchants Bank of Indiana was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on April 24, 2023. The contract value is Not to exceed $6,000,000.
How much is the Merchants Bank of Indiana contract with Housing Finance Authority of Miami-Dade County worth?
The Merchants Bank of Indiana contract with Housing Finance Authority of Miami-Dade County is valued at Not to exceed $6,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in housing-finance-authority-of-miami-dade-county-florida-resolution-april-24-2023_808.pdf (Resolution), dated April 24, 2023 from Housing Finance Authority of Miami-Dade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
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.
What is Housing Finance Authority of Miami-Dade County currently buying?
Explore Housing Finance Authority of Miami-Dade County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.