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City housing loan for the Balboa Reservoir development

Original title: “MYR Balboa Reservoir”

$19.9M
paid on this contract in FY2026
$24.2M paid so far, of $47.0M agreed · runs to December 2045
September 12, 2025December 31, 2045
running

Paid to

BHC Balboa Builders LLCprime contractor$24.2M

Paid from, FY2026

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 fund79%$15.8M
Special revenue fund · grant projects21%$4.1M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity housing loan for 1155 Ellis Street8th of 518 active contracts in this department by amount agreed$46.5M

Contract 1000037582 · Source: Supplier Contracts · every payment on this contract