Approves a contract with Brothers Redevelopment, Inc.
(BRI) for $1,200,000.00 with an end date of 12-31-2025
to provide property tax relief payments to 745
unduplicated households in 2025, citywide
(HOST-202579426).
Approves a contract with The Community Firm (TCF) dba
the Community Economic Defense Project for
$1,200,000.00 with an end date of 12-31-2025 to provide
property tax relief payments to 770 unduplicated
households in 2025, citywide (HOST-202579416).
Approves the loan agreement between the City and
County of Denver and Iliff Senior Apartments LLLP for
$2,250,000.00 and for 270 months to finance the
construction of a multi-family residential structure to
create 50 income restricted units to be leased at
affordable rents to qualifying senior (62+ years old)
households, Council District 4 (HOST-202578924).
Amends an agreement with U.S. Motels Denver North,
Inc. to add $1,077,900.00 for a new total of
$3,692,900.00 to provide units for non-congregate
shelter for individuals and families when the City’s
emergency shelter beds are full through the established
non-congregate shelter program. No change to contract
length, citywide
(HOST-202367041/HOST-202579355-05).