Legislation Details

File #: 26-1188    Version: 1
Type: Resolution Status: Agenda Ready
File created: 8/11/2026 In control: Community Planning and Housing
On agenda: 8/24/2026 Final action:
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and 1600 Pearl LLLP to provide vital housing in the North Capitol Hill neighborhood, in Council District 10. Approves a contract with Northeast Denver Housing Center (NDHC), under the borrower entity 1600 Pearl LLLP, for $4,522,862.00 with an end date of 12-31-2042 and a 60-year Covenant to provide vital housing in the North Capitol Hill neighborhood, in Council District 10 (HOST-202683206). The last regularly scheduled Council meeting within the 30-day review period is on 9-14-2026. The Committee approved filing this item at its meeting on 8-18-2026.
Indexes: Lucas Palmisano
Attachments: 1. RR26-1188_HOST_1600 Pearl Resolution_Ordinance Request, 2. 26-1188 Filed Resolution_1600 Pearl LLLP, 3. 26-1188_1600 Pearl LLLP_Vendor Signed Loan Agreement, 4. 26-1188_Filed_Resolution_1600_Pearl_LLLP

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

 

Date Submitted: 8-17-2026

 

Requesting Agency: HOST

                               Division:

 

Subject Matter Expert Name: Polly Kyle
Email Address: polly.kyle@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 1600 Pearl LLLP to provide vital housing in the North Capitol Hill neighborhood, in Council District 10.

Approves a contract with Northeast Denver Housing Center (NDHC), under the borrower entity 1600 Pearl LLLP, for $4,522,862.00 with an end date of 12-31-2042 and a 60-year Covenant to provide vital housing in the North Capitol Hill neighborhood, in Council District 10 (HOST-202683206). The last regularly scheduled Council meeting within the 30-day review period is on 9-14-2026. The Committee approved filing this item at its meeting on 8-18-2026.

body

 

Affected Council District(s) or citywide?

Council District 10

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

 

Address/Location (if applicable):

 

Legal Description (if applicable):

 

Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):

 

Draft Bill Attached?