Affordable housing project gets green light
Town of OaklandCity · OK- Document date
- Dec 15, 2022
- Term
- 99-Year
The 30-second brief
City to negotiate a 99-year ground lease with East 12th Street Housing, LP for the development of 91 affordable housing units, with $1 per year base rent plus rent based on the appraised $4,000,000 fair market value.
East 12th Street Housing holds this ground lease contract with Town of Oakland.
Term as filed: 99-Year.
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Contract details
- Contract type
- Ground Lease
- Document date
- December 15, 2022
- Term
- 99-Year
- Vendor
- East 12th Street Housing
- Agency
- Town of Oakland
- Source document
- city-of-oakland-meeting-agenda-supplemental-december-15-2022_80d.pdf (Agenda)
East 12th Street Housing's other public contracts
More Town of Oakland contracts
Questions about this contract
Who was awarded the ground lease contract by Town of Oakland?
East 12th Street Housing was awarded this ground lease contract by Town of Oakland, as recorded on December 15, 2022.
What type of contract is this?
This is a Ground Lease contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-oakland-meeting-agenda-supplemental-december-15-2022_80d.pdf (Agenda), dated December 15, 2022 from Town of Oakland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does East 12th Street Housing hold?
East 12th Street Housing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Town of Oakland currently buying?
Explore Town of Oakland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.