A resolution approving a proposed Funding Agreement between the City and County of Denver and Elevation Community Land Trust to assist in the acquisition of real property located at 1520 Trenton Street in Council District 8 which contains 13 existing rental units to be converted to affordable condominiums to be sold at prices affordable to qualifying households. Approves a funding agreement with Elevation Community Land Trust for $975,000 to assist in the acquisition of 13 existing rental units to be converted to condominiums to be sold at prices affordable to qualifying households, in Council District 8 (HOST-202473534). The last regularly scheduled Council meeting within the 30-day review period is on 6-10-2024. The Committee approved filing this item at its meeting on 4-24-2024.

What this record is

Held by

Elevation Community Land Trust 6 records across this site

Amount

$975K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

Compared to

$1.60M – $1.60M the middle half of 4 other Elevation Community Land Trust contracts; median $1.60M

See which contracts are coming up for rebid →

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

Elevation Community Land Trust also holds

A resolution approving a proposed Amendatory Agreement between the City and County of Denver and Elevation Community Land Trust to support the State o… $2.83M Denver, CO A resolution approving a proposed First Amendment to the Funding Agreement between the City and County of Denver and Elevation Community Land Trust to… Denver, CO A resolution approving a proposed First Amendatory Agreement between the City and County of Denver and Elevation Community Land Trust to amend disburs… Denver, CO A resolution approving a proposed Funding Agreement between the City and County of Denver and Elevation Community Land Trust to assist in the acquisit… $1.60M Denver, CO A resolution approving a proposed Funding Agreement between the City and County of Denver and Elevation Community Land Trust to provide funding for th… $1.60M Denver, CO

Committee

Safety, Housing, Education & Homelessness Committee

Requested by

Department of Housing Stability

Introduced

April 15, 2024

On agenda

May 20, 2024

Passed

May 20, 2024

Where it was heard

City Council May 20, 2024 adopted Pass Mayor-Council Apr 30, 2024 Safety, Housing, Education & Homelessness Committee Apr 24, 2024 approved by consent Pass

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