City of Berkeley Awards Financial Services Contract to Satellite Affordable Housing Associates (September 2026)
City of BerkeleyCity · Berkeley, CA- Disclosed value
- $970,603 plus accrued interest
- From staffreport
- Approved
- Sep 14, 2026
- Term
- Through September 1, 2082
- Renews
- Free account
The 30-second brief
The Berkeley City Council approved a loan modification for Shattuck Senior Homes with Satellite Affordable Housing Associates. The $970,603 plus accrued interest refinancing extends the loan term through September 1, 2082 and lowers the interest rate to 3% simple interest.
Satellite Affordable Housing Associates holds this financial services contract with City of Berkeley. Its other public contracts on record include work for City of Hercules and Alameda County.
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Contract details
- Contract type
- Financial Services
- Amount
- $970,603 plus accrued interest
- Document date
- September 14, 2026
- Term
- Through September 1, 2082
- Renews
- On record
- Agency
- City of Berkeley
- Source document
- City of Berkeley StaffReport Shattuck Senior Homes Loan Modification Request 2026-09-15 (StaffReport)
Satellite Affordable Housing Associates's other public contracts
More City of Berkeley contracts
Questions about this contract
Who was awarded the financial services contract by City of Berkeley?
Satellite Affordable Housing Associates was awarded this financial services contract by City of Berkeley, as recorded on September 14, 2026. The contract value is $970,603 plus accrued interest.
How much is the Satellite Affordable Housing Associates contract with City of Berkeley worth?
The Satellite Affordable Housing Associates contract with City of Berkeley is valued at $970,603 plus accrued interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Berkeley StaffReport Shattuck Senior Homes Loan Modification Request 2026-09-15 (StaffReport), dated September 14, 2026 from City of Berkeley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Satellite Affordable Housing Associates hold?
Satellite Affordable Housing Associates 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 Berkeley currently buying?
Explore City of Berkeley's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.