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Mayor's Office

City housing loan for 249 Pennsylvania

Original title: “MYR-249 Pennsylvania”

$11.8M
paid on this contract in FY2025
$12.3M paid so far, of $13.0M agreed · runs to September 2079
September 30, 2024September 30, 2079
running

Paid to

249 Pennsylvania Associates L.P.prime contractor$12.3M

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 · grant projects94%$11.1M
Special revenue fund6%$757,882

Paid year by year, FY2025–FY2026

FY2026$508,525
FY2025$11.8M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for Maceo May apartments61st of 518 active contracts in this department by amount agreed$13.0M

Contract 1000034459 · Source: Supplier Contracts · every payment on this contract