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25-0711

A resolution approving a proposed Loan Agreement between the City and County of Denver and Iliff Senior Apartments LLLP to finance the construction of a multi-family residential structure to create 50 income restricted units to be leased at affordable rents to qualifying senior households. Approves the loan agreement between the City and County of Denver and Iliff Senior Apartments LLLP for $2,250,000.00 and for 240 months to finance the construction of a multi-family residential structure to create 50 income restricted units to be leased at affordable rents to qualifying senior (62+ years old) households, Council District 4 (HOST-202578924). The last regularly scheduled Council meeting within the 30-day review period is on 6-9-2025. The Committee approved filing this item at its meeting on 5-14-2025.

Resolution Adopted Introduced May 7, 2025

What this record is

Amount
$2.25M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Construction

construction contracts in CO that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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 7, 2025
On agenda
May 19, 2025
Passed
May 19, 2025

Where it was heard

City Council May 19, 2025 adopted Pass Safety, Housing, Education & Homelessness Committee May 14, 2025 approved by consent

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