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City housing loan for 1000 Sutter Street

Original title: “MYR 1000 Sutter St”

$10.5M
paid on this contract in FY2025
$15.6M paid so far, of $16.7M agreed · runs to July 2080
July 17, 2024July 17, 2080
running

Paid to

1000 Sutter LLCprime contractor$15.6M

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. The fund does not say where the money first came from.

General Fund · multi-year projects100%$10.5M

Paid year by year, FY2025–FY2026

FY2026$5.1M
FY2025$10.5M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 937 Clay Street48th of 518 active contracts in this department by amount agreed$16.0M

Contract 1000034293 · Source: Supplier Contracts · every payment on this contract