CONTRACTAPPROVED

Michigan State Land Bank Authority Board of Directors | State of Michigan Awards Financial Services Contract to New E.R.A. Community Group Inc (March 2026)

Michigan State Land Bank Authority Board of Directors | State of Michigan logoMichigan State Land Bank Authority Board of Directors | State of Michigan
Disclosed value
Up to $1,514,784
From minutes
Approved
Mar 18, 2026
Term
Loan repayment was due February 5, 2025

The 30-second brief

What it covers

The State Land Bank Authority approved cancellation and write-off of the outstanding balance on New E.R.A. Community Group's housing development loan of up to $1,514,784. The loan repayment had been due February 5, 2025, and the loan documents will remain in place.

Who holds it

New E.R.A. Community Group Inc holds this financial services contract with Michigan State Land Bank Authority Board of Directors | State of Michigan. Its other public contracts on record include work for City of Detroit.

What happens next

Term as filed: Loan repayment was due February 5, 2025.

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Contract details

Contract type
Financial Services
Amount
Up to $1,514,784
Document date
March 18, 2026
Term
Loan repayment was due February 5, 2025
Source document
State Land Bank Authority Minutes Board Meeting March 18, 2026 (Minutes)

New E.R.A. Community Group Inc's other public contracts

More Michigan State Land Bank Authority Board of Directors | State of Michigan contracts

Questions about this contract

Who was awarded the financial services contract by Michigan State Land Bank Authority Board of Directors | State of Michigan?

New E.R.A. Community Group Inc was awarded this financial services contract by Michigan State Land Bank Authority Board of Directors | State of Michigan, as recorded on March 18, 2026. The contract value is Up to $1,514,784.

How much is the New E.R.A. Community Group Inc contract with Michigan State Land Bank Authority Board of Directors | State of Michigan worth?

The New E.R.A. Community Group Inc contract with Michigan State Land Bank Authority Board of Directors | State of Michigan is valued at Up to $1,514,784, 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 State Land Bank Authority Minutes Board Meeting March 18, 2026 (Minutes), dated March 18, 2026 from Michigan State Land Bank Authority Board of Directors | State of Michigan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New E.R.A. Community Group Inc hold?

New E.R.A. Community Group Inc 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 Michigan State Land Bank Authority Board of Directors | State of Michigan currently buying?

Explore Michigan State Land Bank Authority Board of Directors | State of Michigan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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