Legislation Details

File #: 26-0743    Version: 1
Type: Resolution Status: Adopted
File created: 5/22/2026 In control: Community Planning and Housing
On agenda: 6/22/2026 Final action: 6/22/2026
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Green Valley Vistas Owner, LLC to finance the construction of income-restricted apartments to be rented to qualifying households at 5000 Tower Road, in Council District 11. Approves a loan agreement with Green Valley Vistas Owner, LLC for $4,750,000.00 for a term of 19 years for a cash flow loan to finance the construction of 156 income-restricted apartments to be rented to qualifying households between 30% to 80% AMI for 99-years at 5000 Tower Road, in Council District 11 (HOST-202684489). The last regularly scheduled Council meeting within the 30-day review period is on 7-13-2026. The Committee approved filing this item at its meeting on 6-2-2026.
Indexes: Lucas Palmisano
Attachments: 1. RR26-0743_HOST_Green Valley Vistas_Resolution Request (2026 5-21), 2. 26-0743_Green Valley Vistas Owner, LLC_Vendor Signed Contract, 3. 26-0743 Filed Resolution_Green Valley Vistas Owner, LLC, 4. 26-0743_Filed_Resolution_Green_Valley_Vistas_Owner,_LLC, 5. 26-0743_Filed_Resolution_Green_Valley_Vistas_Owner_LLC.pdf

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

 

Date Submitted: 6-1-2026

 

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 Green Valley Vistas Owner, LLC to finance the construction of income-restricted apartments to be rented to qualifying households at 5000 Tower Road, in Council District 11.

Approves a loan agreement with Green Valley Vistas Owner, LLC for $4,750,000.00 for a term of 19 years for a cash flow loan to finance the construction of 156 income-restricted apartments to be rented to qualifying households between 30% to 80% AMI for 99-years at 5000 Tower Road, in Council District 11 (HOST-202684489). The last regularly scheduled Council meeting within the 30-day review period is on 7-13-2026. The Committee approved filing this item at its meeting on 6-2-2026.

body

 

Affected Council District(s) or citywide?

Council District 11

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?