A resolution approving a proposed Loan Agreement between the City and County of Denver and Columbine Towers Owner LLC to assist with the acquisition of real property located at 1750 S. Federal Boulevard, in Council District 7 and known as Columbine Towers, to preserve 170 affordable rental dwelling units. Approves a loan agreement with Columbine Towers Owner LLC for $10,000,000 to assist with the acquisition of 170 affordable dwelling units known as Columbine Towers, located in Council District 7 (HOST-202472791). The last regularly scheduled Council meeting within the 30-day review period is on 3-26-2024. The Committee approved filing this item at its meeting on 2-28-2024.

Resolution Adopted Introduced February 20, 2024

What this record is

Held by: Columbine Towers Owner LLC
Amount: $10.0M
Runs until: Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type: contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee: Safety, Housing, Education & Homelessness Committee
Requested by: Department of Housing Stability
Introduced: February 20, 2024
On agenda: March 4, 2024
Passed: March 4, 2024

Full text & attachments ↗ Briefing (PDF) Rebid Radar

Where it was heard

City Council Mar 4, 2024 adopted Pass Safety, Housing, Education & Homelessness Committee Feb 28, 2024 approved for filing Pass

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