CONTRACTONGOING

Trust Commits $11.9 Million to HRI Concord Avenue Site

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 million to HRI for acquisition of the 729-755 Concord Avenue site. HRI acquired six adjacent parcels in June 2026.

Who holds it

HRI holds this contract with City of Cambridge. Its other public contracts on record include work for Roaring Spring Municipal (Water And Sewer) Authority and Town of Boonsboro.

What happens next

Term as filed: Funding approved February 2026; parcels acquired June 1, 2026.

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Contract details

Amount
$11,875,000
Document date
October 22, 2026
Term
Funding approved February 2026; parcels acquired June 1, 2026
Vendor
HRI
Source document
Cambridge Affordable Housing Trust StaffReport 1648 & 1654 Massachusetts Avenue Request to Change Rent-Setting Approach 2026-10-22 (StaffReport)

HRI's other public contracts

More City of Cambridge contracts

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 Cambridge Affordable Housing Trust 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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