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Mayor's Office

City housing loan for 1005 Powell Street

Original title: “MYR 1005 Powell St” · nonprofit contractor

$20.9M
paid on this contract in FY2024
$20.9M paid so far, of $20.9M agreed · runs to July 2064
May 24, 2024July 1, 2064
running

Paid to

Chinatown SROs LLCprime contractor$20.9M

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 projects80%$16.7M
General Fund · multi-year projects15%$3.2M
General Fund · annual projects5%$1.0M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for Sunnydale HOPE SF37th of 518 active contracts in this department by amount agreed$20.5M

Contract 1000033333 · Source: Supplier Contracts · every payment on this contract