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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.

Resolution Adopted Introduced July 25, 2025

What this record is

Amount
$7.50M
Runs until
no end date published in this record
Type
purchase

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 Aug 18, 2025 adopted Pass Community Planning and Housing Aug 5, 2025 approved by consent