Affordable Housing Project Advances in Oakland
City of OaklandCity · Oakland, CA- Disclosed value
- $3,760,000
- From meeting minutes
- Document date
- Jan 28, 2025
- Term
- 3 years with one year extension
The 30-second brief
Oakland to execute lease with Satellite Affordable Housing Associates for developing 94 affordable housing units on 12th Street remainder parcel, appraised at $3,760,000 with a 99-year ground lease.
Satellite Affordable Housing holds this lease disposition and development agreement contract with City of Oakland. Its other public contracts on record include work for City of Berkeley and Oakland Housing Authority.
Term as filed: 3 years with one year extension.
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Contract details
- Contract type
- Lease Disposition And Development Agreement
- Amount
- $3,760,000
- Document date
- January 28, 2025
- Term
- 3 years with one year extension
- Agency
- City of Oakland
- Source document
- city-of-oaklandmeeting-minutes2025-01-28_47f.pdf (Meeting Minutes)
Satellite Affordable Housing's other public contracts
More City of Oakland contracts
Questions about this contract
Who was awarded the lease disposition and development agreement contract by City of Oakland?
Satellite Affordable Housing was awarded this lease disposition and development agreement contract by City of Oakland, as recorded on January 28, 2025. The contract value is $3,760,000.
How much is the Satellite Affordable Housing contract with City of Oakland worth?
The Satellite Affordable Housing contract with City of Oakland is valued at $3,760,000, covering lease disposition and development agreement work.
What type of contract is this?
This is a Lease Disposition And Development Agreement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-oaklandmeeting-minutes2025-01-28_47f.pdf (Meeting Minutes), dated January 28, 2025 from City of Oakland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Satellite Affordable Housing hold?
Satellite Affordable Housing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Oakland currently buying?
Explore City of Oakland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.