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City housing loan for 1155 Ellis Street

Original title: “MYR 1155 Ellis St”

$37.2M
paid on this contract in FY2025
$42.7M paid so far, of $46.5M agreed · runs to May 2065
March 7, 2025May 1, 2065
running

Paid to

1155 Ellis GP LLCprime contractor$42.7M

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 fund · multi-year projects57%$21.2M
Special revenue fund · grant projects33%$12.3M
Special revenue fund10%$3.7M

Paid year by year, FY2025–FY2026

FY2026$3.3M
FY2025$37.2M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity housing loan for 1360 43rd Avenue9th of 518 active contracts in this department by amount agreed$42.5M

Contract 1000035651 · Source: Supplier Contracts · every payment on this contract