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City housing loan for 2550 Irving

Original title: “MYR-2550 Irving”

$4.6M
paid on this contract in FY2025
$11.7M paid so far, of $11.7M agreed · runs to June 2081
May 13, 2024June 1, 2081
running

Paid to

2550 Irving Associates LPprime contractor$11.7M

Paid from, FY2025

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 fund60%$2.8M
Special revenue fund · multi-year projects40%$1.8M

Paid year by year, FY2024–FY2025

FY2025$4.6M
FY2024$7.1M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentAffordable housing loan for 750 Golden Gate Ave74th of 518 active contracts in this department by amount agreed$11.7M

Contract 1000033041 · Source: Supplier Contracts · every payment on this contract