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City loan for 2060 Folsom Street

Original title: “2060 Folsom Street”

$21.5M
paid on this contract in FY2020
$26.0M paid so far, of $26.0M agreed · runs to December 2075
December 12, 2018December 20, 2075
running

Paid to

2060 Folsom Housing LPprime contractor$26.0M

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%$21.5M

Paid year by year, FY2019–FY2020

FY2020$21.5M
FY2019$4.5M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentGap loan for 4840 Mission27th of 518 active contracts in this department by amount agreed$25.1M

Contract 1000013213 · Source: Supplier Contracts · every payment on this contract