OTHERAMENDED

Amended Affordable Housing Loan Approved for MP Rail Trail Associates

The City Council adopted a resolution to rescind a previous resolution and authorize an amended $1.6M loan agreement with MP Rail Trail Associates, LP, supporting 52 affordable housing units at 1098 38th Avenue.

Document date · January 30, 2025

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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 allocated
Contract type
OTHER
Renewal
Loan agreement is amended and restated; replaces prior version authorized by rescinded Resolution No. 4393.
Document type
AgendaPacket
Source document
City of Capitola City Council Meeting Agenda Packet January 30 2025

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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 allocated.

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 allocated.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Capitola City Council Meeting Agenda Packet January 30 2025 (AgendaPacket), 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.

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