City and County of Denver - File #: 17-0771

• File #: 17-0771
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 7/11/2017
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 7/31/2017
• Final action: 7/31/2017
• Title: A resolution approving a proposed Agreement between the City and County of Denver and Family Homestead providing a loan to Family Homestead for the acquisition of real property for use as an emergency and transitional housing facility for homeless families. Approves a loan agreement with Family Homestead in the amount of $500,000 for 40 years to fund the purchase of six existing two-story apartment buildings from the Denver Housing Authority (DHA) to provide emergency and transitional housing for homeless families with children located at 3630-3666 Columbine Street, 3625-3685 Elizabeth Street, 2505-2511 East 36th Avenue, and 2520-2532 East 37th Avenue in Council District 9 (OEDEV-201732988). The last regularly scheduled Council meeting within the 30-day review period is on 8-21-17. The Committee approved filing this resolution by consent on 7-19-17.
• Indexes: Debra Bartleson

Date	Ver.	Action By	Action	Result
8/1/2017	1	Council President	signed
7/31/2017	1	City Council	adopted	Pass
7/19/2017	1	Safety, Housing, Education & Homelessness Committee	approved by consent

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 07-11-17

Requesting Agency: Office of Economic Development
Division:

* Name: Susan Liehe
* Phone: 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 Agreement between the City and County of Denver and Family Homestead providing a loan to Family Homestead for the acquisition of real property for use as an emergency and transitional housing facility for homeless families.
Approves a loan agreement with Family Homestead in the amount of $500,000 for 40 years to fund the purchase of six existing two-story apartment buildings from the Denver Housing Authority (DHA) to provide emergency and transitional housing for homeless families with children located at 3630-3666 Columbine Street, 3625-3685 Elizabeth Street, 2505-2511 East 36th Avenue, and 2520-2532 East 37th Avenue in Council District 9 (OEDEV-201732988). The last regularly scheduled Council meeting within the 30-day review period is on 8-21-17. The Committee approved filing this resolution by consent on 7-19-17.
body

Affected Council District(s) or citywide? Council District 9.

Contract Control Number: OEDEV-201732988

Vendor/Contractor Name (including any "DBA"): Family HomeStead

Type and Scope of services to be performed: In March 2016, Family HomeStead began operating an emergency and transitional housing program at a DHA-owned property at the southeast corner of E 37th Avenue and Columbine Street, known as P...