Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 9-11-2023
Requesting Agency: Housing Stability
Division:
Subject Matter Expert Name: Megan Yonke
Email Address: megan.yonke@denvergov.org
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 bill for an ordinance approving a proposed Funding Agreement between the City and County of Denver and the Housing Authority of the City and County of Denver, Colorado, for acquisition costs of a 194-unit hotel known as Best Western located at 4595 Quebec Street, Denver, Colorado, in Council District 8, which will be operated as non-congregate shelter until it is converted to supportive housing.
Approves a funding agreement to the Housing Authority of the City and County of Denver, Colorado for $15,700,000 and ending 9-30-2122 to finance the bridge financing on a 194-unit hotel known as Best Western to be operated as non-congregate shelter until it is converted to supportive housing to be rented at affordable prices, in Council District 8 (HOST-202369738). The last regularly scheduled Council meeting within the 30-day review period is on 10-16-2023. The Committee approved filing this item at its meeting on 9-13-2023.
body
Affected Council District(s) or citywide?
Council District 8
Contract Control Number:
HOST-202369738
Vendor/Contractor Name (including any "DBA"):
Housing Authority of the City and County of Denver, Colorado
Type and Scope of services to be performed:
The Grantee will be required to house people experiencing homelessness as ...
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