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24-1127

A resolution approving a proposed Loan Agreement between the City and County of Denver and Albion Apartments LLLP to finance the acquisition of land for a future affordable housing development containing 170 units to lease at rents affordable to qualifying households in Council District 4. Approves a loan agreement with Albion Apartments, LLLP for $6,760,000 to finance the acquisition of land for a future affordable housing development containing 170 units to lease at rents affordable to qualifying households, in Council District 4 (HOST-202475519). The last regularly scheduled Council meeting within the 30-day review period is on 10-14-2024. The Committee approved filing this item at its meeting on 9-11-2024.

Resolution Adopted Introduced August 26, 2024

What this record is

Amount
$6.76M
Runs until
no end date published in this record
Type
purchase
Field
Real estate

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
August 26, 2024
On agenda
September 23, 2024
Passed
September 23, 2024

Where it was heard

City Council Sep 23, 2024 adopted Pass Mayor-Council Sep 17, 2024