OTHERAMENDED

$1.6 Million Loan for Affordable Housing Project Amended

City Council approved an amended $1.6 million loan agreement with MP Rail Trail Associates, LP to fund 52 affordable housing units at 1098 38th Ave, allocating $449,376 in PLHA Funds and $900,624 in Housing Successor Agency Funds. The FY 2024-25 Budget is also amended.

Document date · January 30, 2025

Track City of Capitola contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Capitola.

Get started free

Create a free account · no credit card

Trusted by 200+ enterprise customers and 1,000+ teams on the free plan

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
Comcate logo
SafeTouch logo
IANS Research logo
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
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,600,000 (Loan Agreement); $449,376 PLHA Funds; $900,624 Housing Successor Agency Funds
Contract type
OTHER
Renewal
Restates and amends prior agreement, rescinds former resolution. No specific renewal or extension option stated.
Document type
Agenda
Source document
City of Capitola City Council Meeting Agenda January 30 2025

Related contracts

Other contracts from Mp Rail Trail Associates Lp.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Capitola?

Mp Rail Trail Associates Lp was awarded this government contract by City of Capitola, as recorded on January 30, 2025. The contract value is $1,600,000 (Loan Agreement); $449,376 PLHA Funds; $900,624 Housing Successor Agency Funds.

How much is the Mp Rail Trail Associates Lp contract with City of Capitola worth?

The Mp Rail Trail Associates Lp contract with City of Capitola is valued at $1,600,000 (Loan Agreement); $449,376 PLHA Funds; $900,624 Housing Successor Agency Funds.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Capitola City Council Meeting Agenda January 30 2025 (Agenda), dated January 30, 2025 from City of Capitola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mp Rail Trail Associates Lp hold?

Mp Rail Trail Associates Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Mp Rail Trail Associates Lp's profile

What is City of Capitola currently buying?

Explore City of Capitola's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Capitola's profile