City and County of Denver - File #: 22-1097

• File #: 22-1097
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 9/5/2022
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 9/26/2022
• Final action: 9/26/2022
• Title: A resolution for approving a proposed Funding Agreement between the City and County of Denver and Park Avenue Housing Corporation to finance the acquisition of 103 units of non-congregate shelter and convert the units to supportive housing, located at the Park Avenue Inn at 3500 Park Avenue West in Council District 9. Approves a funding agreement with Park Avenue Housing Corporation for $5,000,000 in America Rescue Plan Act funds and through 12-31-2023, with a 60-year covenant for the Colorado Coalition for the Homeless to finance the acquisition of 103 units of non-congregate shelter and convert the units to supportive housing within four years, located at the Park Avenue Inn at 3500 Park Avenue West in Council District 9 (HOST-202264362). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-2022. The Committee approved filing this item at its meeting on 9-14-2022.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
9/26/2022	1	Council President	signed
9/26/2022	1	City Council	adopted	Pass
9/14/2022	1	Safety, Housing, Education & Homelessness Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 9-12-2022

Requesting Agency: Department of Housing Stability
Division:

Subject Matter Expert Name: Alex Dea
Email Address: Alex.Dea@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 for approving a proposed Funding Agreement between the City and County of Denver and Park Avenue Housing Corporation to finance the acquisition of 103 units of non-congregate shelter and convert the units to supportive housing, located at the Park Avenue Inn at 3500 Park Avenue West in Council District 9.
Approves a funding agreement with Park Avenue Housing Corporation for $5,000,000 in America Rescue Plan Act funds and through 12-31-2023, with a 60-year covenant for the Colorado Coalition for the Homeless to finance the acquisition of 103 units of non-congregate shelter and convert the units to supportive housing within four years, located at the Park Avenue Inn at 3500 Park Avenue West in Council District 9 (HOST-202264362). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-2022. The Committee approved filing this item at its meeting on 9-14-2022.
body

Affected Council District(s) or citywide? 9

Contract Control Number: HOST-202264362

Vendor/Contractor Name (including any "DBA"): Park Avenue Housing Corporation

Type and Scope of services to be performed:

Colorado Coalition for the Homeless (CCH) is requesting $5,000,000 from the City and County of Denver in acquisition funding. CCH a...