Truckee Recommends $1.2 Million Pacific Crest Housing Loan
- Disclosed value
- $1,207,277 low-interest deferred loan, including $207,722 in PLHA funds and the previously approved $1,000,000 commitment
- From agenda
- Document date
- Jan 28, 2025
- Term
- At least 55 years
- Renews
- Free account
The 30-second brief
Truckee Town Council was asked to approve a $1,207,277 low-interest deferred loan for Truckee Pacific Crest Associates to develop Pacific Crest Commons. The financing includes $207,722 in PLHA funds and the Town’s previously approved $1 million commitment, with affordability restrictions lasting at least 55 years.
Truckee Pacific Crest Associates holds this contract with Town of Truckee. Its other public contracts on record include work for North Delta Regional Housing Authority.
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Contract details
- Amount
- $1,207,277 low-interest deferred loan, including $207,722 in PLHA funds and the previously approved $1,000,000 commitment
- Document date
- January 28, 2025
- Term
- At least 55 years
- Renews
- Free account
- Agency
- Town of Truckee
- Source document
- Town of Truckee Agenda January 28, 2025 (Agenda)
Truckee Pacific Crest Associates's other public contracts
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Questions about this contract
Who was awarded the government contract by Town of Truckee?
Truckee Pacific Crest Associates was awarded this government contract by Town of Truckee, as recorded on January 28, 2025. The contract value is $1,207,277 low-interest deferred loan, including $207,722 in PLHA funds and the previously approved $1,000,000 commitment.
How much is the Truckee Pacific Crest Associates contract with Town of Truckee worth?
The Truckee Pacific Crest Associates contract with Town of Truckee is valued at $1,207,277 low-interest deferred loan, including $207,722 in PLHA funds and the previously approved $1,000,000 commitment.
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 Town of Truckee Agenda January 28, 2025 (Agenda), dated January 28, 2025 from Town of Truckee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truckee Pacific Crest Associates hold?
Truckee Pacific Crest Associates 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 Town of Truckee currently buying?
Explore Town of Truckee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.