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City housing loan for 600 7th Street

Original title: “MYR 600-7th Street”

$31.3M
paid on this contract in FY2024
$76.9M paid so far, of $80.8M agreed · runs to August 2079
July 22, 2022August 1, 2079
running

Paid to

Mercy Housing California 97 L.P.prime contractor$76.9M

Paid from, FY2024

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 projects89%$27.9M
Special revenue fund · grant projects11%$3.4M

Paid year by year, FY2023–FY2026

$24.6M in FY2023 · $31.3M in FY2024 (the highest) · $21.0M in FY2026

Click a year to see its amount.

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity housing loan for 1064-1068 Mission2nd of 518 active contracts in this department by amount agreed$68.8M

Contract 1000026924 · Source: Supplier Contracts · every payment on this contract