CONTRACTPENDING

ORSA Credit Union Considered for Willis Project Financing

Michigan Strategic Fund Board of Directors | State of Michigan

Disclosed value: Currently estimated at $5,500,000 lender share; total loans currently estimated at $7,339,647; From agendapacket
Document date: Aug 25, 2026

What it covers

ORSA Credit Union was identified as the anticipated senior lender for the Billinghurst Apartments project, with a projected lender share of $5.5 million. The lender designation remains subject to MSF acceptance and final financing arrangements.

Who holds it

Orsa Credit Union holds this financial services contract with Michigan Strategic Fund Board of Directors | State of Michigan. Its other public contracts on record include work for City of Novi and City of Northville.

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Contract details

Contract type: Financial Services
Amount: Currently estimated at $5,500,000 lender share; total loans currently estimated at $7,339,647
Document date: August 25, 2026
Vendor: Orsa Credit Union
Agency: Michigan Strategic Fund Board of Directors | State of Michigan
Source document: Michigan Strategic Fund Agenda Packet 2026-08-25 (AgendaPacket)

Orsa Credit Union's other public contracts

City of Novi, MichiganStorm Drainage Easement Recommended for Orsa Credit Union · Sep 14, 2026Undisclosed City of Northville, MichiganOrsa Credit Union approved as potential City depository · Aug 17, 2026Undisclosed Plymouth-Canton Community Schools, MichiganDistrict highlights 25-year partnership with orsa Credit Union · May 26, 2026$5 million Town of Montmorency, MichiganORSA Credit Union Approved as Township Depository · Apr 14, 2026Undisclosed Plymouth-Canton Community Schools, MichiganInnovation Hub Naming Rights: orsa Credit Union Partnership · Jan 27, 2026Undisclosed All Orsa Credit Union contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Michigan Strategic Fund Board of Directors | State of Michigan?

Orsa Credit Union was awarded this financial services contract by Michigan Strategic Fund Board of Directors | State of Michigan, as recorded on August 25, 2026. The contract value is Currently estimated at $5,500,000 lender share; total loans currently estimated at $7,339,647.

How much is the Orsa Credit Union contract with Michigan Strategic Fund Board of Directors | State of Michigan worth?

The Orsa Credit Union contract with Michigan Strategic Fund Board of Directors | State of Michigan is valued at Currently estimated at $5,500,000 lender share; total loans currently estimated at $7,339,647, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Michigan Strategic Fund Agenda Packet 2026-08-25 (AgendaPacket), dated August 25, 2026 from Michigan Strategic Fund 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 Orsa Credit Union hold?

Orsa Credit Union 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 Strategic Fund Board of Directors | State of Michigan currently buying?

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

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