Agreements with For the Future Housing Approved
City of Santa CruzCity · Santa Cruz, CA- Disclosed value
- Not to exceed $7,255,621 (shared for Residential Components with Eden Housing, Inc.)
- From agenda
- Document date
- Jun 24, 2025
The 30-second brief
The City of Santa Cruz will enter into ground leases and an Improvements Agreement with For the Future Housing, Inc. for the Downtown Library and Affordable Housing mixed-use project, along with loan and regulatory documents up to $7,255,621 for the affordable residential components. These agreements support development and long-term operation of 123 affordable units and a daycare center.
For the Future Housing Inc holds this financial services contract with City of Santa Cruz.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $7,255,621 (shared for Residential Components with Eden Housing, Inc.)
- Document date
- June 24, 2025
- Agency
- City of Santa Cruz
- Source document
- City of Santa Cruz City Council Meeting Agenda June 2025 (Agenda)
For the Future Housing Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Santa Cruz?
For the Future Housing Inc was awarded this financial services contract by City of Santa Cruz, as recorded on June 24, 2025. The contract value is Not to exceed $7,255,621 (shared for Residential Components with Eden Housing, Inc.).
How much is the For the Future Housing Inc contract with City of Santa Cruz worth?
The For the Future Housing Inc contract with City of Santa Cruz is valued at Not to exceed $7,255,621 (shared for Residential Components with Eden Housing, Inc.), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Santa Cruz City Council Meeting Agenda June 2025 (Agenda), dated June 24, 2025 from City of Santa Cruz. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does For the Future Housing Inc hold?
For the Future Housing Inc 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 Santa Cruz currently buying?
Explore City of Santa Cruz's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.