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25-1275

A resolution approving a proposed Loan Agreement between the City and County of Denver and MHMP 20 Loretto LLLP to finance the construction of a multi-family residential structure to create income-restricted units to be leased at affordable rents to qualifying households, in Council District 2. Approves the loan agreement between the City and County of Denver and MHMP 20 Loretto LLLP for $3,782,000.00 and a Maturity Date of 240 months following closing to finance the construction of a multi-family residential structure to create 100 income-restricted units to be leased at affordable rents to qualifying households, in Council District 2 (HOST-202580935). The last regularly scheduled Council meeting within the 30-day review period is on 10-14-2025. The Committee approved filing this item at its meeting on 9-9-2025.

Resolution Adopted Introduced August 28, 2025

What this record is

Amount
$3.78M
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.

Committee
Community Planning and Housing
Requested by
Department of Housing Stability
Introduced
August 28, 2025
On agenda
September 22, 2025
Passed
September 22, 2025

Where it was heard

City Council Sep 22, 2025 adopted Pass Mayor-Council Sep 16, 2025 Community Planning and Housing Sep 9, 2025 approved by consent