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24-1480

A resolution approving a proposed Loan Agreement between the City and County of Denver and Mercy Housing Mountain Plains to finance construction of 190 income-restricted units to be leased at rents affordable to qualifying households in Council District 3. Approves the loan agreement with Mercy Housing Mountain Plains in the amount of $8,550,000 to finance construction of 190 income-restricted units to be leased at rents affordable to qualifying households, in Council District 3 (HOST-202476529). The last regularly scheduled Council meeting within the 30-day review period is on 12-9-2024. 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
Mercy Housing Mountain Plains 2 records across this site
Amount
$8.55M
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.

Mercy Housing Mountain Plains also holds

Approves a grant agreement with Mercy Housing Mountain Plains for $2,820,000, consisting of yearly payments of $188,000, and for a term of 1-1-2026 th… $2.82M Denver, CO
Committee
Safety, Housing, Education & Homelessness Committee
Requested by
Department of Housing Stability
Introduced
October 21, 2024
On agenda
November 18, 2024
Passed
November 18, 2024

Where it was heard

City Council Nov 18, 2024 adopted Pass Mayor-Council Nov 5, 2024