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24-1126

A resolution approving a proposed Loan Agreement between the City and County of Denver and Atlantis Community Foundation to finance construction of 60 income-restricted units to be leased at rents affordable to qualifying households at 313 W. Bayaud Ave and 90 S. Elati St. in Council District 7. Approves a funding agreement with Atlantis Community Foundation for $3,000,000 to finance construction of 60 income-restricted units to be leased at rents affordable to qualifying households, in Council District 7 (HOST-202474909). The last regularly scheduled Council meeting within the 30-day review period is on 11-4-2024. The Committee approved filing this item at its meeting on 9-4-2024.

Resolution Adopted Introduced August 26, 2024

What this record is

Held by
Atlantis Community Foundation
Amount
$3.00M
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
South Platte River Committee
Requested by
Department of Housing Stability
Introduced
August 26, 2024
On agenda
October 14, 2024
Passed
October 14, 2024

Where it was heard

City Council Oct 14, 2024 adopted Pass Mayor-Council Sep 10, 2024 South Platte River Committee Sep 4, 2024 approved by consent