CONSTRUCTIONAPPROVED

City of Cambridge Awards Construction Contract to Hope Real Estate Enterprises (September 2026)

The Cambridge Affordable Housing Trust approved up to $17.055 million in additional funding for Hope Real Estate Enterprises’ 2072 Massachusetts Avenue development team. Total Trust funding will reach $22.126 million for the planned 74-unit affordable rental project.

Document date · September 24, 2026

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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
$17,055,000 additional; total Trust funding $22,126,000
Contract type
CONSTRUCTION
Renewal
Funding was approved in August 2026 after prior Trust commitments dating to February 2018 and June 2021.
Document type
Agenda
Source document
Cambridge Affordable Housing Trust Agenda 2026-09-24

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Cambridge?

Hope Real Estate Enterprises was awarded this construction contract by City of Cambridge, as recorded on September 24, 2026. The contract value is $17,055,000 additional; total Trust funding $22,126,000.

How much is the Hope Real Estate Enterprises contract with City of Cambridge worth?

The Hope Real Estate Enterprises contract with City of Cambridge is valued at $17,055,000 additional; total Trust funding $22,126,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Cambridge Affordable Housing Trust Agenda 2026-09-24 (Agenda), dated September 24, 2026 from City of Cambridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hope Real Estate Enterprises hold?

Hope Real Estate Enterprises may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Hope Real Estate Enterprises's profile

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