Safety, Housing, Education &
Homelessness Committee
AGENDA
Wednesday, March 20, 2024, 10:30 AM
Cathy Reynolds City Council Chamber
1437 Bannock Street, Room 450
Chair: Serena Gonzales-Gutierrez, Vice Chair Sarah Parady
Members: Kevin Flynn, Stacie Gilmore, Amanda Sawyer, Jamie Torres, Darrell Watson
Staff: Anne Wallace
Attendance
Briefings
Department of Housing Stability briefing on Loan
Agreement for Mobile Home Park Acquisition
Justin Hill, Department of Housing Stability
Consent Items
Approves a loan agreement with Mental Health Center of
Denver, doing business as WellPower in the amount of
$3,100,000 and a maturity date of 60 years from date of
the Promissory Note and repayment forgiven so long as
borrower is in compliance with all terms and conditions
of Agreement, to assist with the development and
construction of sixty (60) affordable rental dwelling units
known as Sheridan Supportive Housing, in Council
District 3. (HOST-202472724)
Approves as grant agreement with the State of Colorado,
Department of Local Affairs, in the amount of $2,000,000
and ending 9-30-2026, through the Transformational
Homelessness Response (THR) grant program to connect
people experiencing homelessness with services,
treatment, and temporary and permanent housing
citywide. (HOST-202472251)