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Trust Funds HRI Concord Avenue Acquisition

City of Cambridge logoCity of Cambridge
Disclosed value
$11,875,000
From staffreport
Document date
Oct 22, 2026

The 30-second brief

What it covers

The Affordable Housing Trust committed $11,875,000 to HRI for acquisition of six parcels at 729-755 Concord Avenue. The parcels were acquired in June 2026 for affordable housing development.

Who holds it

HRI holds this contract with City of Cambridge. Its other public contracts on record include work for Corry Area SD and McCracken County School District.

What happens next

Term as filed: Approved February 2026; six parcels acquired June 1, 2026.

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Contract details

Amount
$11,875,000
Document date
October 22, 2026
Term
Approved February 2026; six parcels acquired June 1, 2026
Vendor
HRI
Agency
City of Cambridge
Source document
City of Cambridge StaffReport 1648 & 1654 Massachusetts Avenue Request to Change Rent-Setting Approach 2026-10-22 (StaffReport)

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Questions about this contract

Who was awarded the government contract by City of Cambridge?

HRI was awarded this government contract by City of Cambridge, as recorded on October 22, 2026. The contract value is $11,875,000.

How much is the HRI contract with City of Cambridge worth?

The HRI contract with City of Cambridge is valued at $11,875,000.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Cambridge StaffReport 1648 & 1654 Massachusetts Avenue Request to Change Rent-Setting Approach 2026-10-22 (StaffReport), dated October 22, 2026 from City of Cambridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does HRI hold?

HRI 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 Cambridge currently buying?

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

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