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24-0743

A resolution approving a proposed Loan Agreement between the City and County of Denver and 2915 Welton Development, LLC to assist with the financing and construction costs of sixty-two (62) income-restricted homeownership units located at 2907-2915 Welton Street in Council District 9. Approves a loan agreement with 2915 Welton Development, LLC., for $3,360,000 to assist with the financing and construction costs of sixty-two (62) income-restricted homeownership units located at 2907-2915 Welton Street, in Council District 9 (HOST-202474078). The last regularly scheduled Council meeting within the 30-day review period is on 7-8-2024. The Committee approved filing this item at its meeting on 6-5-2024.

Resolution Adopted Introduced May 27, 2024

What this record is

Held by
Welton Development, LLC
Amount
$3.36M
Runs until
no end date published in this record
Type
contract
Field
Construction

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
May 27, 2024
On agenda
June 17, 2024
Passed
June 17, 2024

Where it was heard

City Council Jun 17, 2024 adopted Pass Mayor-Council Jun 11, 2024