City and County of Denver - File #: 18-1356

• File #: 18-1356
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 11/12/2018
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 3/4/2019
• Final action: 3/4/2019
• Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and RAHF IV Juanita Nolasco, LLC to support the preservation and rehabilitation of 188 units of existing income-restricted senior housing located at 4550 West 9th Avenue. Approves a loan agreement with RAHF IV Juanita Nolasco LLC for $2,600,000 and for forty years to support the preservation and rehabilitation of 188 existing units of income-restricted housing for low and very low-income senior residents in a fully leased building at 4550 West 9th Avenue in Council District 3 (OEDEV-201842291-00). The last regularly scheduled Council meeting within the 30-day review period is on 3-26-19. The Committee approved filing this item at its meeting on 11-21-18.
• Indexes: Emily Lapel

Date	Ver.	Action By	Action	Result
3/5/2019	1	Council President	signed
3/4/2019	1	City Council	adopted	Pass
11/21/2018	1	Safety, Housing, Education & Homelessness Committee	approved by consent

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-13-18

Requesting Agency: Office of Economic Development
Division:

Subject Matter Expert Name:

Name: Susan Liehe 720-913-1689
Email: susan.liehe@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 Loan Agreement between the City and County of Denver and RAHF IV Juanita Nolasco, LLC to support the preservation and rehabilitation of 188 units of existing income-restricted senior housing located at 4550 West 9th Avenue.
Approves a loan agreement with RAHF IV Juanita Nolasco LLC for $2,600,000 and for forty years to support the preservation and rehabilitation of 188 existing units of income-restricted housing for low and very low-income senior residents in a fully leased building at 4550 West 9th Avenue in Council District 3 (OEDEV-201842291-00). The last regularly scheduled Council meeting within the 30-day review period is on 3-26-19. The Committee approved filing this item at its meeting on 11-21-18.
body

Affected Council District(s) or citywide? CD 3

Contract Control Number: OEDEV-201842291-00

Vendor/Contractor Name (including any "DBA"): RAHF IV Juanita Nolasco LLC

Type and Scope of services to be performed:
Jonathan Rose Companies, dba RAHF IV Juanita Nolasco, LLC, is proposing to preserve and rehabilitate 188 units of existing income-restricted housing loc...