Michigan State Housing Development Authority Awards Financial Services Contract to Federal Home Loan Mortgage Corporation (January 2025)
Michigan State Housing Development AuthorityState Housing Authority · Lansing, MI- Approved
- Jan 23, 2025
The 30-second brief
The Dean – Apartments at Eastlawn financing structure includes a Freddie Mac Standby Credit Enhancement Agreement to secure the permanent tax‑exempt note once construction converts to long‑term financing. MSHDA’s inducement resolution authorizes this credit enhancement arrangement as part of the overall bond structure.
Federal Home Loan Mortgage Corporation holds this financial services contract with Michigan State Housing Development Authority. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Town of Danville.
Term as filed: Permanent loan term for The Dean – Apartments at Eastlawn (dates not specified).
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Contract details
- Contract type
- Financial Services
- Document date
- January 23, 2025
- Term
- Permanent loan term for The Dean – Apartments at Eastlawn (dates not specified)
- Source document
- mshda_board_meeting_agenda_january_2025.pdf (Agenda)
Federal Home Loan Mortgage Corporation's other public contracts
More Michigan State Housing Development Authority contracts
Questions about this contract
Who was awarded the financial services contract by Michigan State Housing Development Authority?
Federal Home Loan Mortgage Corporation was awarded this financial services contract by Michigan State Housing Development Authority, as recorded on January 23, 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 mshda_board_meeting_agenda_january_2025.pdf (Agenda), dated January 23, 2025 from Michigan State Housing Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Federal Home Loan Mortgage Corporation hold?
Federal Home Loan Mortgage Corporation 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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