Housing Developmentpending

Urban Capital LLC seeks $28.4M Homekey+ grant

Urban Capital LLC and City of Sacramento are jointly applying for $28.4 million in Homekey+ grant funds to develop the Rio Linda Senior Housing Project. The project aims to provide 100 units of permanent supportive housing for homeless seniors in Sacramento, with a 55-year affordability covenant.

Document date · May 13, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$28,400,000
Contract type
Housing Development
Contract term
5 years
Document type
Resolution
Source document
city-of-sacramento-resolution-2025-05-13_33d.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the housing development contract by City of Sacramento?

Urban Capital was awarded this housing development contract by City of Sacramento, as recorded on May 13, 2025. The contract value is $28,400,000.

How much is the Urban Capital contract with City of Sacramento worth?

The Urban Capital contract with City of Sacramento is valued at $28,400,000, covering housing development work.

What type of contract is this?

This is a Housing Development contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-sacramento-resolution-2025-05-13_33d.pdf (Resolution), dated May 13, 2025 from City of Sacramento. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Urban Capital hold?

Urban Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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