25-1
A resolution approving a proposed Loan Agreement between the City and County of Denver and 1625 Birch LLC to finance the acquisition of income-restricted units to be leased at affordable rents to qualifying households, in Council District 6. Approves a loan agreement between the City and County of Denver and 1625 Birch LLC for $7,500,000.00 and a term of 120 months to finance the acquisition of 194 income-restricted units to be leased at affordable rents to qualifying households, in Council District 6 (HOST-202580106). The last regularly scheduled Council meeting within the 30-day review period is on 9-8-2025. The Committee approved filing this item at its meeting on 8-5-2025.
What this record is
- Amount
- $7.50M
- Runs until
- July 25, 2035 9 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Community Planning and Housing
- Requested by
- Department of Housing Stability
- Introduced
- July 25, 2025
- On agenda
- August 18, 2025
- Passed
- August 18, 2025
Where it was heard
City Council Community Planning and HousingWatch what Denver buys
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