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Carlsbad Financed USA Properties Affordable Senior Housing Project

City of Carlsbad logoCity of Carlsbad
Disclosed value
$715,000
From resolution
Document date
Mar 18, 2025

The 30-second brief

What it covers

Carlsbad provided USA Properties with $715,000 in Housing Trust Fund financing for Marja Acres Senior Apartments. The funding supports deeper affordability for five units in the 47-unit senior housing project, which was under construction during FY 2023-24 and expected to finish in FY 2024-25.

Who holds it

USA Properties holds this contract with City of Carlsbad. Its other public contracts on record include work for Sonoma County and Ravenswood City Elementary.

What happens next

Term as filed: Approved in 2021 and 2022; project under construction during FY 2023-24 and expected to be completed in FY 2024-25.

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Contract details

Amount
$715,000
Document date
March 18, 2025
Term
Approved in 2021 and 2022; project under construction during FY 2023-24 and expected to be completed in FY 2024-25
Vendor
USA Properties
Agency
City of Carlsbad
Source document
City of Carlsbad Resolution Approving FY 2023-24 Housing Trust Fund Annual Report 2025-03-18 (Resolution)

USA Properties's other public contracts

Sonoma County, CaliforniaUSA Properties Selected for West College Avenue Development · Dec 16, 2025UndisclosedRavenswood City Elementary, CaliforniaDistrict Approves USA Properties Euclid Project Agreement · Dec 11, 2025UndisclosedUniversity Of South Alabama, AlabamaUSA Properties real estate purchase for $78,500 · Sep 5, 2025UndisclosedRavenswood City Elementary, CaliforniaRavenswood Approves USA Properties Option Agreement · Jul 18, 2025UndisclosedCity of Carlsbad, CaliforniaCarlsbad Approves Housing Financing for USA Properties · Mar 18, 2025$715KAll USA Properties contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Carlsbad?

USA Properties was awarded this government contract by City of Carlsbad, as recorded on March 18, 2025. The contract value is $715,000.

How much is the USA Properties contract with City of Carlsbad worth?

The USA Properties contract with City of Carlsbad is valued at $715,000.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Carlsbad Resolution Approving FY 2023-24 Housing Trust Fund Annual Report 2025-03-18 (Resolution), dated March 18, 2025 from City of Carlsbad. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does USA Properties hold?

USA Properties 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 Carlsbad currently buying?

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

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