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File #: 23-0588    Version: 1
Type: Resolution Status: Adopted
File created: 5/8/2023 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 6/20/2023 Final action: 6/20/2023
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Renewal Village Housing Corporation to support 108 supportive housing units and 107 non-congregate shelter units with common amenities at the former Clarion Hotel, now Renewal Village, located at 200 West 48th Avenue in Council District 9. Approves a performance loan agreement with Renewal Village Housing Corporation for $10,420,331 and 60 years to support 108 supportive housing units and 107 non-congregate shelter units with common amenities at the former Clarion Hotel, now Renewal Village, located at 200 West 48th Avenue in Council District 9 (HOST-202366697). The last regularly scheduled Council meeting within the 30-day review period is on 7-10-2023. The Committee approved filing this item at its meeting on 5-17-2023.
Indexes: Anne Wallace
Attachments: 1. RR23-0588_HOST_Renewal Village, 2. HOST Clarion Renewal Village, 3. 23-0588 Filed Resolution_Renewal Village Housing Corporation, 4. 23-0588_Renewal Village Housing Corporation_Loan Agreement, 5. 23-0588 Filed Resolution_Renewal Village Housing Corporation, 6. 23-0588 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 5-15-2023

Requesting Agency: Department of Housing Stability
Division:

Subject Matter Expert Name: Alex Marqusee
Email Address: Alex.Marqusee@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 Renewal Village Housing Corporation to support 108 supportive housing units and 107 non-congregate shelter units with common amenities at the former Clarion Hotel, now Renewal Village, located at 200 West 48th Avenue in Council District 9.
Approves a performance loan agreement with Renewal Village Housing Corporation for $10,420,331 and 60 years to support 108 supportive housing units and 107 non-congregate shelter units with common amenities at the former Clarion Hotel, now Renewal Village, located at 200 West 48th Avenue in Council District 9 (HOST-202366697). The last regularly scheduled Council meeting within the 30-day review period is on 7-10-2023. The Committee approved filing this item at its meeting on 5-17-2023.
body

Affected Council District(s) or citywide? 9

Contract Control Number: HOST-202366697

Vendor/Contractor Name (including any "DBA"): Renewal Village Housing Corporation

Type and Scope of services to be performed:
The Colorado Coalition for the Homeless (CCH) is closing on a purchase of the Clarion Hotel, now called Renewal Village, at 200 W. 48th Avenue in the Globeville neighborhood. The facility will provide supportive...

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