FINANCIAL_SERVICESONGOING

Quarry Creek Housing Loan Involves Chelsea Investment

Carlsbad’s Housing Trust Fund provided a $1.28 million loan involving Chelsea Investment Corp. for Quarry Creek. After $1.03 million in repayments, $249,638 remained outstanding as of June 30, 2025.

Document date · December 9, 2025

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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,280,000
Contract type
FINANCIAL_SERVICES
Contract term
Long-term rental housing loan; generally 55 years
Renewal date
2071-08-31
Renewal
Housing Trust Fund rental loans are typically long-term loans of approximately 55 years; no specific renewal option stated.
Document type
Resolution
Source document
City of Carlsbad Resolution No. 2025-262 Approving FY 2024-25 Housing Trust Fund Annual Report 2025-12-09

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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 resolution record.

Where was this contract approved?

This contract appears in City of Carlsbad Resolution No. 2025-262 Approving FY 2024-25 Housing Trust Fund Annual Report 2025-12-09 (Resolution), 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?

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