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City housing loan for 2901-2909 16th Street

Original title: “MYR 2901-2909 16th St” · nonprofit contractor

$21.7M
paid on this contract in FY2025
$21.9M paid so far, of $30.0M agreed · runs to September 2064
August 6, 2024September 1, 2064
running

Paid to

MEDA Small Properties LLCprime contractor$21.9M

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 fund · multi-year projects58%$12.6M
General Fund · multi-year projects42%$9.0M

Paid year by year, FY2025–FY2026

FY2026$204,040
FY2025$21.7M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for Hunters View phase III infrastructure19th of 518 active contracts in this department by amount agreed$29.9M

Contract 1000034059 · Source: Supplier Contracts · every payment on this contract