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Merchants Bank to Finance HōM Flats Phase 3 Construction

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

The 30-second brief

What it covers

Merchants Bank of Indiana will provide construction-period financing and cash collateral to credit enhance MSHDA’s limited obligation revenue bonds for HōM Flats at 28 West Phase 3. Specific loan amounts and terms are to be detailed in future financing documents.

Who holds it

Merchants Bank of Indiana holds this financial services contract with Michigan State Housing Development Authority. 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
Vendor
Merchants Bank of Indiana
Agency
Michigan State Housing Development Authority
Source document
michigan_state_housing_development_authority_agend.pdf (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 Michigan State Housing Development Authority?

Merchants Bank of Indiana 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 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 Michigan State Housing Development Authority currently buying?

Explore Michigan State Housing Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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