Quarry Creek Housing Loan Remains Partially Outstanding | City of Carlsbad | CHELSEA INVESTMENT CORP

Scope & details

The full contract record, as filed.

Contract amount

$1,280,000

Contract type

FINANCIAL_SERVICES

Contract term

Long-term Housing Trust Fund loan; generally 55 years from August 31, 2016

Renewal date

2071-08-31

Renewal

Housing Trust Fund rental-project loans are generally 55 years and repayments are typically based on residual receipts.

Document type

StaffReport

Source document

City of Carlsbad StaffReport Fiscal Year 2024-25 Housing Trust Fund Annual Report 2025-12-09

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City of Carlsbad AgendaPacket Fiscal Year 2025-26 Housing Trust Fund Annual Report 2026-10-08

ONGOING

Carlsbad Housing & Homeless Services, California$1,280,000 issued; $18,615.92 outstandingOct 3, 2026

City of Carlsbad Resolution No. 2025-262 Approving FY 2024-25 Housing Trust Fund Annual Report 2025-12-09

ONGOING

City of Carlsbad, California$1,280,000Dec 9, 2025

Lovington Public Schools Minutes Regular Monthly Board Meeting 2025-12-08

PENDING

Lovington Public Schools, New MexicoDec 8, 2025

City of Carlsbad StaffReport Fiscal Year 2024-25 Housing Trust Fund Annual Report 2025-11-13

ONGOING

City of Carlsbad, California$1,280,000 issued; $1,030,362 repaid; $249,638 outstandingNov 13, 2025

City of Carlsbad Resolution 2025-012 Housing Trust Fund Annual Report 2025-11-13

ONGOING

City of Carlsbad, California$1,280,000Nov 13, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Carlsbad?

Chelsea Investment Corp was awarded this financial services contract by City of Carlsbad, as recorded on December 9, 2025. The contract value is $1,280,000.

How much is the Chelsea Investment Corp contract with City of Carlsbad worth?

The Chelsea Investment Corp contract with City of Carlsbad is valued at $1,280,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Carlsbad StaffReport Fiscal Year 2024-25 Housing Trust Fund Annual Report 2025-12-09 (StaffReport), dated December 9, 2025 from City of Carlsbad. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chelsea Investment Corp hold?

Chelsea Investment Corp 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 Chelsea Investment Corp's profile

What is City of Carlsbad currently buying?

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

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