City and County of Denver - File #: 20-1170

• File #: 20-1170
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 10/16/2020
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 11/30/2020
• Final action: 11/30/2020
• Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Community Outreach Service Center, Inc., for the development of Charity's House, a 36-unit supportive housing project at 3022 Welton Street, Denver, Colorado 80205. Approves a performance loan agreement with Community Outreach Service Center, Inc. for $1,800,000 and through 11-30-2119 to develop Charity's House at 3022 Welton Street, a 36-unit supportive housing project, with all units to be income restricted to individuals earning up to 30% of the area median income (AMI) in Council District 9 (HOST-202055236). The last regularly scheduled Council meeting within the 30-day review period is on 12-21-20. The Committee approved filing this item at its meeting on 10-28-20.
• Indexes: Emily Lapel

Date	Ver.	Action By	Action	Result
11/30/2020	1	Council President	signed
11/30/2020	1	City Council	adopted	Pass
10/28/2020	1	Safety, Housing, Education & Homelessness Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 10-16-20

Requesting Agency: Department of Housing Stability
Division:

Subject Matter Expert Name:

Name: Megan Yonke
Email: megan.yonke@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 Community Outreach Service Center, Inc., for the development of Charity's House, a 36-unit supportive housing project at 3022 Welton Street, Denver, Colorado 80205.
Approves a performance loan agreement with Community Outreach Service Center, Inc. for $1,800,000 and through 11-30-2119 to develop Charity's House at 3022 Welton Street, a 36-unit supportive housing project, with all units to be income restricted to individuals earning up to 30% of the area median income (AMI) in Council District 9 (HOST-202055236). The last regularly scheduled Council meeting within the 30-day review period is on 12-21-20. The Committee approved filing this item at its meeting on 10-28-20.
body

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

Contract Control Number: HOST-202055236

Vendor/Contractor Name (including any "DBA"): Community Outreach Service Center, Inc.

Type and Scope of services to be performed:
Community Outreach Services Center, Inc. (COSC) is seeking two parallel contracts for both development and services for a supportive rental housing project at 3022 Welton St., Denver, Colorado 80205. COSC is developing 36 one-bedroom units with 100% of re...