Town Considers $5M Loan For Parcel Housing

The Town of Mammoth Lakes is scheduled to consider authorizing a $5,032,000 loan commitment to support construction of 148 affordable housing units at The Parcel. The action involves execution of a formal commitment letter documenting the Town's financial participation in the housing development project.

Document date · May 25, 2022

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Scope & details

The full contract record, as filed.

Contract amount

$5,032,000

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

Town of Mammoth Lakes Town Council Agenda 2022-05-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Mammoth Lakes?

PARCEL was awarded this financial services contract by Town of Mammoth Lakes, as recorded on May 25, 2022. The contract value is $5,032,000.

How much is the PARCEL contract with Town of Mammoth Lakes worth?

The PARCEL contract with Town of Mammoth Lakes is valued at $5,032,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Mammoth Lakes Town Council Agenda 2022-05-25 (Agenda), dated May 25, 2022 from Town of Mammoth Lakes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PARCEL hold?

PARCEL 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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