CONTRACTPENDING

San Diego Considers $5 Million Joule Housing Loan

City of San Diego logoCity of San Diego
Disclosed value
Not to exceed $5,000,000
From agenda
Document date
Oct 27, 2026

The 30-second brief

What it covers

The San Diego City Council is scheduled to consider approving a loan agreement with Mission Gorge Optima, L.P. The proposed loan, not to exceed $5 million, would support The Joule affordable housing project.

Who holds it

Mission Gorge Optima LP holds this financial services contract with City of San Diego.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $5,000,000
Document date
October 27, 2026
Vendor
Mission Gorge Optima LP
Source document
City of San Diego Agenda 2026-10-27 (Agenda)

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Questions about this contract

Who was awarded the financial services contract by City of San Diego?

Mission Gorge Optima LP was awarded this financial services contract by City of San Diego, as recorded on October 27, 2026. The contract value is Not to exceed $5,000,000.

How much is the Mission Gorge Optima LP contract with City of San Diego worth?

The Mission Gorge Optima LP contract with City of San Diego is valued at Not to exceed $5,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services 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 San Diego Agenda 2026-10-27 (Agenda), dated October 27, 2026 from City of San Diego. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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