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File #: 23-0914    Version: 1
Type: Resolution Status: Adopted
File created: 6/30/2023 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 8/14/2023 Final action: 8/14/2023
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and The St. Francis Center to support the development of 59-units of supportive housing for households experiencing or at the risk of experiencing homelessness, located at 221 Federal Boulevard in Council District 3. Approves a loan agreement with The St. Francis Center for $2,700,000 and 60 years to support the development of 59-units of supportive housing for older adults experiencing or at the risk of experiencing homelessness, with one on-site manager unit, located at 221 Federal Boulevard in Council District 3 (HOST-202368730). The last regularly scheduled Council meeting within the 30-day review period is on 8-28-2023. The Committee approved filing this item at its meeting on 7-12-2023.
Indexes: Anne Wallace
Attachments: 1. RR23-0914_HOST-St. Francis Center West-final, 2. City Council Presentation- St. Francis Center West_FinalForSubmission, 3. 23-0914_St Francis_Loan Agreement, 4. 23-0914 Filed Resolution_ The St. Francis Center 07.18.pdf, 5. 23-0914 Filed Resolution_ The St. Francis Center 07.18.2023, 6. 23-0914_signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 7-10-2023

Requesting Agency: Dept of Housing Stability
Division:
Subject Matter Expert Name: Alex Marqusee
Email Address: Alexander.Marqusee@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 Loan Agreement between the City and County of Denver and The St. Francis Center to support the development of 59-units of supportive housing for households experiencing or at the risk of experiencing homelessness, located at 221 Federal Boulevard in Council District 3.
Approves a loan agreement with The St. Francis Center for $2,700,000 and 60 years to support the development of 59-units of supportive housing for older adults experiencing or at the risk of experiencing homelessness, with one on-site manager unit, located at 221 Federal Boulevard in Council District 3 (HOST-202368730). The last regularly scheduled Council meeting within the 30-day review period is on 8-28-2023. The Committee approved filing this item at its meeting on 7-12-2023.
body

Affected Council District(s) or citywide?
Council District 3

Contract Control Number:
HOST-202368730

Vendor/Contractor Name (including any "DBA"):
The St. Francis Center

Type and Scope of services to be performed:
The proposed development is an apartment complex planned for a 0.614-acre site on the west side of Federal Boulevard across from its junction with West 2nd Avenue in the City and County of Denver, Colorado. The supportive housing development...

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