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24-1479

A resolution approving a proposed Second Amendment, Modification, Assignment, and Assumption Agreement between the City and County of Denver, Lincoln Housing Partners, LLLP, and Lincoln Terrace Apartments LLC to amend and assign to the new property owner the loan agreement related to an affordable housing development located at 507 North Lincoln Street in City Council District 7. Amends an agreement with Lincoln Housing Partners LLLP reflect the sale of the property to Lincoln Terrace Apartments, LLC and assigns and amend the loan agreement related to an affordable housing development located at 507 North Lincoln Street in City Council District 7 to the new owner. No change to contract amount or length (GE7A011/HOST-202476240). The last regularly scheduled Council meeting within the 30-day review period is on 12-2-2024. The Committee approved filing this item at its meeting on 10-30-2024.

Resolution Adopted Introduced October 21, 2024

What this record is

Held by
Lincoln Terrace Apartments, LLC
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment

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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
October 21, 2024
On agenda
November 12, 2024
Passed
November 12, 2024

Where it was heard

City Council Nov 12, 2024 adopted Pass Mayor-Council Nov 5, 2024 Safety, Housing, Education & Homelessness Committee Oct 30, 2024 approved by consent Pass

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