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City of Oxnard Awards $899,974 Loan Agreements Contract to Etting Road (January 2025)

City of Oxnard logoCity of Oxnard
Disclosed value
$899,974
From resolution
Approved
Jan 1, 2025

The 30-second brief

What it covers

City of Oxnard authorizes loan agreements with Etting Road LLC for the Dolores Huerta Gardens project, totaling $899,974 to develop 57 affordable rental units and one manager's unit. The loans include CDBG and In-Lieu loans with 3% simple interest and a term of 55 years after project completion.

Who holds it

Etting Road holds this loan agreements contract with City of Oxnard.

What happens next

Term as filed: 55 years after issuance of a Notice to Completion.

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Contract details

Contract type
Loan Agreements
Amount
$899,974
Document date
January 1, 2025
Term
55 years after issuance of a Notice to Completion
Vendor
Etting Road
Agency
City of Oxnard
Source document
city-of-oxnard-resolution-authorizing-loan-agreements_921.pdf (Resolution)

Etting Road's other public contracts

City of Oxnard, CaliforniaEtting Road LLC Receives Loan Agreement Approval for Affordable Housing · Feb 25, 2025$631.9KCity of Oxnard, CaliforniaEtting Road LLC to get CDBG and in-lieu loan · Feb 18, 2025$900KCity of Oxnard, CaliforniaEtting Road LLC awarded $899,974 housing loan · Feb 18, 2025$900KCity of Oxnard, CaliforniaEtting Road LLC loan for affordable rental project · Feb 18, 2025$268.1KCity of Oxnard, CaliforniaOxnard Approves $268,074 Loan for Affordable Housing · Feb 18, 2025$268.1KAll Etting Road contractsVendor profile

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Questions about this contract

Who was awarded the loan agreements contract by City of Oxnard?

Etting Road was awarded this loan agreements contract by City of Oxnard, as recorded on January 1, 2025. The contract value is $899,974.

How much is the Etting Road contract with City of Oxnard worth?

The Etting Road contract with City of Oxnard is valued at $899,974, covering loan agreements work.

What type of contract is this?

This is a Loan Agreements contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-oxnard-resolution-authorizing-loan-agreements_921.pdf (Resolution), dated January 1, 2025 from City of Oxnard. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Etting Road hold?

Etting Road 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 Oxnard currently buying?

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

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