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Affordable housing loan for 750 Golden Gate Ave

Original title: “MYR 750 Golden Gate Ave LIHTC”

$7.3M
paid on this contract in FY2025
$10.8M paid so far, of $11.7M agreed · runs to December 2081
March 19, 2025December 20, 2081
running

Paid to

MP Golden Gate Avenue Associates L.P.prime contractor$10.8M

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 fund90%$6.6M
Special revenue fund · multi-year projects5%$393,130
Special revenue fund · grant projects4%$318,946

Paid year by year, FY2025–FY2026

FY2026$3.6M
FY2025$7.3M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 936 Geary75th of 518 active contracts in this department by amount agreed$11.6M

Contract 1000035737 · Source: Supplier Contracts · every payment on this contract