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A resolution approving a proposed Amendatory Agreement between the City and County of Denver and The Empowerment Program to finance the development and construction of 70 income-restricted Permanent Supportive Housing units to be leased at affordable rents to qualifying households. Amends a loan amendment with The Empowerment Program, Inc. to add $294,000.00 for a new total of $3,444,000.00 to finance the demolition and new construction of a multi-family residential structure to create 70 income-restricted Permanent Supportive Housing (PSH) units to be leased at affordable rents to qualifying households. No change to loan term, in Council District 10 (HOST-202577817/HOST-202582287-01). The last regularly scheduled Council meeting within the 30-day review period is on 1-5-2026. The Committee approved filing this item at its meeting on 12-2-2025.

Resolution Adopted Introduced November 21, 2025

What this record is

Amount
$3.44M
Runs until
no end date published in this record
Type
amendment
Field
Construction

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Community Planning and Housing
Introduced
November 21, 2025
On agenda
December 15, 2025
Passed
December 15, 2025

Where it was heard

City Council Dec 15, 2025 adopted Pass Mayor-Council Dec 9, 2025 Community Planning and Housing Dec 2, 2025 approved by consent