CONTRACTRECOMMENDED

Truckee Recommends $1.2 Million Pacific Crest Housing Loan

Town of Truckee logoTown of Truckee
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

What it covers

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.

Who holds it

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.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Truckee contract.

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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
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.

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