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File #: 21-0336    Version: 1
Type: Resolution Status: Adopted
File created: 3/19/2021 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 4/12/2021 Final action: 4/12/2021
Title: A resolution approving a proposed Agreement between the City and County of Denver and the Colorado Housing Assistance Corporation (CHAC) to administer and provide a down payment assistance program to low/moderate income households in the City & County of Denver. Approves a contract with the Colorado Housing Assistance Corporation (CHAC) for $1,350,000 and through 12-31-23 to provide down payment assistance to low/moderate income households, citywide (HOST 202057141). The last regularly scheduled Council meeting within the 30-day review period is on 5-3-21. The Committee approved filing this item at its meeting on 3-31-21.
Indexes: Emily Lapel
Attachments: 1. RR21 0336 HOST CHAC - DPA, 2. Safety Committee 3.31.21 (Final Draft), 3. 21-0336 Filed Resolution_Colorado Housing Assistance Corporation 202057141-00, 4. 21-0336 Agreement Colorado Housing Assistance Corporation 202057141-00, 5. 21-0336 Filed Resolution_Colorado Housing Assistance Corporation, 6. 21-0336 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 3-19-21

Requesting Agency: Department of Housing Stability
Division:

Subject Matter Expert Name:

Name: Elvis Rubio
Email: Elvis.Rubio@denvergov.org

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 the Colorado Housing Assistance Corporation (CHAC) to administer and provide a down payment assistance program to low/moderate income households in the City & County of Denver.
Approves a contract with the Colorado Housing Assistance Corporation (CHAC) for $1,350,000 and through 12-31-23 to provide down payment assistance to low/moderate income households, citywide (HOST 202057141). The last regularly scheduled Council meeting within the 30-day review period is on 5-3-21. The Committee approved filing this item at its meeting on 3-31-21.
body

Affected Council District(s) or citywide? Citywide

Contract Control Number: HOST 202057141

Vendor/Contractor Name (including any "DBA"): Colorado Housing Assistance Corporation (CHAC)

Type and Scope of services to be performed:
Colorado Housing Assistance Corporation will provide homeownership counseling and education, and down payment assistance to first time homeowners with low/moderate incomes (not to exceed 80% AMI) seeking to purchase homes in the City and County of Denver. This program looks to serve 120 unduplicated households (40 unduplicated households per program year).

A. Down Paymen...

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