Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 6-5-2023
Requesting Agency: Department of Housing Stability
Division:
Subject Matter Expert Name:
Email Address:
Phone Number:
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A resolution approving a proposed Agreement between the City and County of Denver and Warren Village at Alameda LLLP to fund 29 Homelessness Resolution Project-Based Vouchers for use at the supportive housing units at a project known as Warren Village III, located at 1390 West Alameda Avenue and 1363 and 1373 West Nevada Place in Council District 7.
Approves a contract with Warren Village at Alameda LLLP for $22,702,287 and 20 years to fund 29 Homelessness Resolution Project Based Vouchers for use at the supportive housing units at Warren Village III, located at 1390 West Alameda Avenue and 1363 and 1373 West Nevada Place in Council District 7 (HOST-202368453). The last regularly scheduled Council meeting within the 30-day review period is on 8-21-2023. The Committee approved filing this item at its meeting on 6-7-2023.
body
Affected Council District(s) or citywide? 7
Contract Control Number: HOST-202368453
Vendor/Contractor Name (including any “DBA”): Warren Village at Alameda LLLP
Type and Scope of services to be performed:
This housing assistance payment agreement provides funding to Warren Village at Alameda LLLP for the provision of supportive housing services at 1390 West Alameda Ave., 1363 & 1373 West Nevada Ave., known as Warren Village III, for 79 households experiencing homelessness.
The agreement will commence on the Acceptance Date and will expire, unless sooner terminated twenty years after the issuance of a certificate of occupancy for the building.
The City’s maximum payment obligation shall not exceed $22,702,287. The City is not obligated to execute an agreement or any amendments for any further services.
Scope of work:
City is providing 29 Homelessness Resolution Project Based Vouchers (HR-PBVs). Denver Housing Authority is providing the remaining 50 PBVs. The units will be subsidized for a period of 20 years from the date of Notice of Acceptance.
Warren Village at Alameda LLLP is the Warren Village III partnership entity, of which Warren Village Inc. is the General Partner.
Projects will be paid State of Colorado Division of Housing (CDOH) reimbursement rates, updated annually. Tenants will only pay 30% of their income toward rent (tenants may have no income). The PBV will pay the difference between tenant rent and the reimbursement rates.
Projected costs will be encumbered in budgeting annually with the first year projected to cost $662,184.
Location (if applicable): 1390 West Alameda Avenue and 1363 and 1373 West Nevada Avenue
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts): N/A
Are WBE/MBE/DBE goals met (if applicable)?
Is the contract new/a renewal/extension or amendment?
Was this contractor selected by competitive process or sole source?
For New contracts
Term of initial contract:
20 years
Options for Renewal:
How many renewals (i.e. up to 2 renewals)?
Term of any renewals (i.e. 1 year each):
Cost of initial contract term:
$22,702,287
Cost of any renewals:
Total contract value council is approving if all renewals exercised:
For Amendments/Renewals Extensions:
Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?
If length changing
What was the length of the term of the original contract?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
What is the value of the proposed change?
What is the new/revised total value including change?
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)