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File #: 23-1203    Version: 1
Type: Resolution Status: Adopted
File created: 9/4/2023 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 10/2/2023 Final action: 10/2/2023
Title: A resolution approving a proposed Agreement between the City and County of Denver and Senior Housing Options, Inc. for rehabilitation of 40 income restricted units known as Park Hill Residence serving very low-income seniors. Approves a funding agreement with Senior Housing Options, Inc., for $1,345,000 in American Rescue Plan Act (ARPA) funds for rehabilitation of 40 income restricted units known as Park Hill Residence serving very low-income seniors, in Council District 9 (HOST-202368777). The last regularly scheduled Council meeting within the 30-day review period is on 10-23-2023. The Committee approved filing this item at its meeting on 9-13-2023.
Indexes: Anne Wallace
Attachments: 1. RR23-1203_HOST_RR-Park Hill Residences, 2. 23-1203 Filed Resolution_Senior Housing Options, Inc. 09.15.pdf, 3. 23-1203_Senior_Housing_Options_Inc._Funding_Agreement_2023_$1345000_ARPA_Park_Hill_Residence, 4. 23-1203 Filed Resolution_Senior Housing Options, Inc., 5. 23-1203_signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 9-11-2023

Requesting Agency: Housing Stability
Division:

Subject Matter Expert Name: Justin Hill
Email Address: justin.hill@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 resolution approving a proposed Agreement between the City and County of Denver and Senior Housing Options, Inc. for rehabilitation of 40 income restricted units known as Park Hill Residence serving very low-income seniors.
Approves a funding agreement with Senior Housing Options, Inc., for $1,345,000 in American Rescue Plan Act (ARPA) funds for rehabilitation of 40 income restricted units known as Park Hill Residence serving very low-income seniors, in Council District 9 (HOST-202368777). The last regularly scheduled Council meeting within the 30-day review period is on 10-23-2023. The Committee approved filing this item at its meeting on 9-13-2023.
body

Affected Council District(s) or citywide?
Council District 0

Contract Control Number:
HOST-202368777

Vendor/Contractor Name (including any "DBA"):
Senior Housing Options, Inc.

Type and Scope of services to be performed:
HOST required Senior Housing Options (SHO) to order a 20-year Capital Needs Assessment (CAN) for Park Hill Residence. The CNA outlined $321,535 in capex, modernization, and upgrades that should be addressed in the next two years, however an updated scope was completed in June 2022 and a majority of capital needs will now be addressed in the immediate future. Acquired and parti...

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