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City loan for 490 South Van Ness

Original title: “490 SVN loan”

$6.6M
paid on this contract in FY2020
$15.0M paid so far, of $15.0M agreed · runs to September 2075
September 24, 2018September 24, 2075
running

Paid to

490 SVN Housing Associates LPprime contractor$15.0M

Paid from, FY2020

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. A special revenue fund holds money earmarked for a purpose, often grants. The fund does not say where the money first came from.

Special revenue fund · multi-year projects100%$6.6M

Paid year by year, FY2019–FY2020

FY2020$6.6M
FY2019$8.4M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 4200 Geary55th of 518 active contracts in this department by amount agreed$14.5M

Contract 1000012298 · Source: Supplier Contracts · every payment on this contract