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File #: 23-0721    Version: 1
Type: Resolution Status: Adopted
File created: 5/28/2023 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 7/10/2023 Final action: 7/10/2023
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Archdiocesan Housing, Inc. to construct 63 units of income-restricted senior housing, known as All Saints Apartments, located at 2595 South Federal Boulevard in Council District 2. Approves a loan agreement with Archdiocesan Housing, Inc., doing business as Catholic Charities Housing for $2,452,000, including $1,890,000 as a 60-year performance loan and $562,000 as an 18-year cash flow loan to construct 63 units of income-restricted senior housing, known as All Saints Apartments, located at 2595 South Federal Boulevard in Council District 2 (HOST-202368442). The last regularly scheduled Council meeting within the 30-day review period is on 7-31-2023. The Committee approved filing this item at its meeting on 6-7-2023.
Indexes: Anne Wallace
Attachments: 1. RR23-0721_HOST-All Saints Apartments-final, 2. 2023-6-7 All Saints, 3. 23-0721_Archdiocesan+Housing+Inc._Loan+Agmt_$2452000_2023_Linkage+Fee_All+Saints, 4. 23-0721 Filed Resolution_Archdiocesan Housing, Inc., 5. 23-0721 Filed Resolution_Archdiocesan Housing, Inc., 6. 23-0721_signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted:6-05-2023

Requesting Agency: Department of Housing Stabiliy
Division:

Subject Matter Expert Name: Adam Lyons
Email Address: adam.lyons@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 Archdiocesan Housing, Inc. to construct 63 units of income-restricted senior housing, known as All Saints Apartments, located at 2595 South Federal Boulevard in Council District 2.
Approves a loan agreement with Archdiocesan Housing, Inc., doing business as Catholic Charities Housing for $2,452,000, including $1,890,000 as a 60-year performance loan and $562,000 as an 18-year cash flow loan to construct 63 units of income-restricted senior housing, known as All Saints Apartments, located at 2595 South Federal Boulevard in Council District 2 (HOST-202368442). The last regularly scheduled Council meeting within the 30-day review period is on 7-31-2023. The Committee approved filing this item at its meeting on 6-7-2023.
body

Affected Council District(s) or citywide?
Council District 2

Contract Control Number:
HOST-202368442

Vendor/Contractor Name (including any "DBA"):
Archdiocesan Housing, Inc. dba Catholic Charities Housing

Type and Scope of services to be performed:
The project will be in one four-story elevator structure with a hardiplank siding exterior with brick and stucco accents, a varied fa?ade and flat roof. The units will have entrances ...

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