26-0746
A resolution approving a proposed Loan Agreement between the City and County of Denver and Kappa Housing, Inc. to finance income-restricted units to be rented to qualifying senior households located at 9095 East 48th Ave, in Council District 8. Approves a loan agreement with Kappa Housing, Inc. for $1,050,000.00 with a 60-year covenant which shall re-lend funds to Kappa Tower III, LLLP, to finance 30 income-restricted units to be rented to qualifying senior households between 30% to 50% AMI. This project is located at 9095 East 48th Ave, in Council District 8 (HOST-202580585). The last regularly scheduled Council meeting within the 30-day review period is on 6-29-2026. The Committee approved filing this item at its meeting on 6-2-2026.
What this record is
- Held by
- Kappa Housing, Inc
- Amount
- $1.05M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Health & social
health & social 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
- Community Planning and Housing
- Requested by
- Department of Housing Stability
- Introduced
- May 22, 2026
- On agenda
- June 15, 2026
- Passed
- June 15, 2026
Where it was heard
City Council Mayor-Council Community Planning and HousingWatch what Denver buys
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