CONTRACT

New lease agreement with Satellite Affordable Housing Associates

City of Oakland logoCity of Oakland
Disclosed value
$3,760,000
From meeting minutes
Document date
Jan 30, 2025
Term
3 years

The 30-second brief

What it covers

Authorizing The City Administrator To Negotiate And Execute A Lease Disposition And Development Agreement Between The City Of Oakland (“City”) And Satellite Affordable Housing Associates Or Its Affiliate("Developer"), For Development Of 94 Units Of Affordable Housing On A Portion Of The 12th Street Remainder (“Parcel 2"), Located At East 12th Street And 2nd Avenue, With A Term Of Three Years With A One-Year Extension;

Who holds it

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.

What happens next

Term as filed: 3 years.

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Contract details

Contract type
Lease Disposition And Development Agreement
Amount
$3,760,000
Document date
January 30, 2025
Term
3 years
Source document
city-of-oakland-meeting-minutes-2025-01-30_63c.pdf (Meeting Minutes)

Satellite Affordable Housing's other public contracts

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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 30, 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-oakland-meeting-minutes-2025-01-30_63c.pdf (Meeting Minutes), dated January 30, 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.

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