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File #: 23-0584    Version: 1
Type: Resolution Status: Adopted
File created: 5/8/2023 In control: Finance & Governance Committee
On agenda: 6/5/2023 Final action: 6/5/2023
Title: A resolution declaring the intent of the City and County of Denver, Colorado to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; approving the delegation and assignment of private activity bond volume cap allocation to the Colorado Housing and Finance Authority for the St. Francis Center West project; prescribing certain terms and conditions of such bonds and certificates; and containing other provisions relating to the proposed issuance of such bonds and certificates. Declares the intent of the City and County of Denver, Colorado to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; approving the delegation and assignment of private activity bond volume cap allocation to the Colorado Housing and Finance Authority for the St. Franci...
Indexes: Lucas Palmisano
Attachments: 1. RR23-0584_DOF_2023 PAB Carryforward and Allocation Resolution Request-As Submitted, 2. RR23-0584_DOF_PAB_Overview, 3. RR23-0584_DOF_2023 PAB Carryforward Presentation, 4. 23-0584 2023 Denver Carryforward - Inducement Resolution-4869-6463-3697-v3, 5. 23-0584 Filed Resolution_DOF_2023 PAB Carryforward Presentation
Finance Item/Grant Request Template

Date Submitted: 5-15-2023

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Michael Kerrigan
Email Address: Michael.Kerrigan@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 declaring the intent of the City and County of Denver, Colorado to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; approving the delegation and assignment of private activity bond volume cap allocation to the Colorado Housing and Finance Authority for the St. Francis Center West project; prescribing certain terms and conditions of such bonds and certificates; and containing other provisions relating to the proposed issuance of such bonds and certificates.
Declares the intent of the City and County of Denver, Colorado to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; approving the delegation and assignment of private activity bond volume cap allocation to the Colorado Housing and Finance Authority for the St. Francis Center West project , a 60-unit affordable multifamily apartment project, located at 211 North Federal Boulevard in Council District 3; prescribing certain terms and conditions of such bonds and certificates; and containing other provisions relating to the proposed issuance of such bond...

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