Modesto Recommends $2 Million Morris Village Housing Loan
City of Modesto - UtilitiesUtility District · Modesto, CA- Disclosed value
- HOME loan amount not to exceed $2,000,000 at 3% simple interest, plus $262,000 in activity delivery costs
- From agenda
- Document date
- Nov 12, 2026
The 30-second brief
The City of Modesto is considering an agreement with Morris Village L.P. for a HOME Investment Partnerships Program loan supporting an affordable housing project. The proposed financing would provide up to $2 million at 3% simple interest, plus $262,000 in activity delivery costs, subject to City Council approval.
Morris Village LP holds this contract with City of Modesto - Utilities. Its other public contracts on record include work for Cmfa Special Finance Agency Viii.
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Contract details
- Amount
- HOME loan amount not to exceed $2,000,000 at 3% simple interest, plus $262,000 in activity delivery costs
- Document date
- November 12, 2026
- Vendor
- Morris Village LP
- Source document
- City of Modesto Agenda Citizen’s Housing and Community Development Committee 2026-11-12 (Agenda)
Morris Village LP's other public contracts
More City of Modesto - Utilities contracts
Questions about this contract
Who was awarded the government contract by City of Modesto - Utilities?
Morris Village LP was awarded this government contract by City of Modesto - Utilities, as recorded on November 12, 2026. The contract value is HOME loan amount not to exceed $2,000,000 at 3% simple interest, plus $262,000 in activity delivery costs.
How much is the Morris Village LP contract with City of Modesto - Utilities worth?
The Morris Village LP contract with City of Modesto - Utilities is valued at HOME loan amount not to exceed $2,000,000 at 3% simple interest, plus $262,000 in activity delivery costs.
What type of contract is this?
This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Modesto Agenda Citizen’s Housing and Community Development Committee 2026-11-12 (Agenda), dated November 12, 2026 from City of Modesto - Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Morris Village LP hold?
Morris Village LP 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 Modesto - Utilities currently buying?
Explore City of Modesto - Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
