Legislation Details

File #: 26-0624    Version: 1
Type: Resolution Status: Adopted
File created: 5/4/2026 In control: Community Planning and Housing
On agenda: 6/1/2026 Final action: 6/1/2026
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Blue Room House One LLC to develop and construct affordable rental units at 817 W. 8th Ave, Denver, CO 80204, in Council District 3. Approves a loan agreement with Blue Room House One LLC for $1,500,000.00 with a maturity date of 180 months (15 years) from the date of the Promissory Note, to develop and construct 54 affordable rental units at 817 W. 8th Ave, Denver, CO 80204, in Council District 3 (HOST-202684150). The last regularly scheduled Council meeting within the 30-day review period is on 6-22-2026. The Committee approved filing this item at its meeting on 5-12-2026.
Indexes: Lucas Palmisano
Attachments: 1. RR26-0624_HOST_Blue Room House One_Resolution Request (2026 4-30), 2. 26-0624 Filed Resolution_Blue Room House One LLC, 3. 26-0624_Blue Room House One LLC_Vendor Signed Agreement, 4. 26-0624_Filed_Resolution_Blue_Room_House_One_LLC, 5. 26-0624_Filed_Resolution_Blue_Room_House_One_LLC.pdf

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

 

Date Submitted: 5-11-2026

 

Requesting Agency: HOST

                               Division:

 

Subject Matter Expert Name: Polly Kyle
Email Address: polly.kyle@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 Blue Room House One LLC to develop and construct affordable rental units at 817 W. 8th Ave, Denver, CO 80204, in Council District 3.

Approves a loan agreement with Blue Room House One LLC for $1,500,000.00 with a maturity date of 180 months (15 years) from the date of the Promissory Note, to develop and construct 54 affordable rental units at 817 W. 8th Ave, Denver, CO 80204, in Council District 3 (HOST-202684150). The last regularly scheduled Council meeting within the 30-day review period is on 6-22-2026. The Committee approved filing this item at its meeting on 5-12-2026.

body

 

Affected Council District(s) or citywide?

Council District 3

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

 

Address/Location (if applicable):

 

Legal Description (if applicable):

 

Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):

 

Draft Bill Attached?