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Freddie Mac to Enhance HōM Flats Permanent Financing

Michigan State Housing Development Authority logoMichigan State Housing Development Authority
Document date
Mar 20, 2025

The 30-second brief

What it covers

Freddie Mac will provide a standby credit enhancement agreement to back the permanent financing for MSHDA’s HōM Flats at 28 West Phase 3 loan. The agreement will support conversion of the bonds to a tax-exempt note after construction completion.

Who holds it

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.

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Contract details

Contract type
Financial Services
Document date
March 20, 2025
Vendor
Federal Home Loan Mortgage Corporation
Agency
Michigan State Housing Development Authority
Source document
michigan_state_housing_development_authority_agend.pdf (Agenda)

Federal Home Loan Mortgage Corporation's other public contracts

Housing Finance Authority of Miami-Dade County, FloridaFreddie Mac Credit Enhancement Approved for Colony Lakes Bonds · Oct 26, 2026UndisclosedTown of Danville, CaliforniaFederal Mortgage Security Partially Redeemed · Oct 20, 2026$2KTown of Danville, CaliforniaFederal Mortgage Security Partially Redeemed · Oct 20, 2026$121Town of Danville, CaliforniaFederal Mortgage Security Partially Redeemed · Oct 20, 2026$1.8KTown of Danville, CaliforniaFederal Mortgage Security Partially Redeemed · Oct 20, 2026$1.5KAll Federal Home Loan Mortgage Corporation contractsVendor profile

More Michigan State Housing Development Authority contracts

Jdickie Management LLC Dba Association Management Resources - MichiganMSHDA Plans Extension of JDickie Management Contract · Sep 17, 2026UndisclosedHolland & Knight LLPMSHDA Plans Holland & Knight Legal Contract Extension · Sep 17, 2026UndisclosedUnited Fidelity Bank FsbUnited Fidelity Bank To Purchase Whispering Pines Bonds · Jul 16, 2026UndisclosedBenton Harbor Affordable Housing Solutions Limited Dividend Housing Association LLCMSHDA Authorizes $22.9M Loan for Harbor Towers & Buss · Jul 16, 2026Pedcor Construction Management LLCPedcor Construction To Rehabilitate Whispering Pines Apartments · Jul 16, 2026UndisclosedAll Michigan State Housing Development Authority activityAgency profile

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 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_agend.pdf (Agenda), dated March 20, 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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