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City loan for Potrero Block B

Original title: “MYR Potrero Block B Gap”

$13.5M
paid on this contract in FY2023
$13.5M paid so far, of $15.5M agreed · runs to July 2079
July 22, 2022July 5, 2079
running

Paid to

Potrero Housing Associates II LPprime contractor$13.5M

Paid from, FY2023

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 · grant projects68%$9.2M
Special revenue fund · multi-year projects21%$2.8M
Special revenue fund11%$1.5M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 650 Divisadero St52nd of 518 active contracts in this department by amount agreed$15.0M

Contract 1000026420 · Source: Supplier Contracts · every payment on this contract