City and County of Denver - File #: 24-0267

• File #: 24-0267
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 2/26/2024
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 3/18/2024
• Final action: 3/18/2024
• Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Habitat for Humanity of Metro Denver, Inc. to assist with development and construction costs of eight (8) income-restricted homeownership affordable units located 5101 Leetsdale Drive in Council District 5. Approves a loan agreement with Habitat for Humanity of Metro Denver, Inc., in the amount of $900,000 to assist with the finance costs associated with the development of eight (8) income-restricted homeownership affordable units, which will be known as Augustana Townhomes, in Council District 5 (HOST-202370649). The last regularly scheduled Council meeting within the 30-day review period is on 4-8-2024. The Committee approved filing this item at its meeting on 3-6-2024.
• Indexes: Anne Wallace

Date	Ver.	Action By	Action	Result
3/18/2024	1	Council President	signed
3/18/2024	1	City Council	adopted	Pass
3/6/2024	1	Safety, Housing, Education & Homelessness Committee	approved by consent	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 3-4-2024

Requesting Agency: HOST
Division:

Subject Matter Expert Name: Chris Lowell
Email Address: Christopher.lowell@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 Habitat for Humanity of Metro Denver, Inc. to assist with development and construction costs of eight (8) income-restricted homeownership affordable units located 5101 Leetsdale Drive in Council District 5.
Approves a loan agreement with Habitat for Humanity of Metro Denver, Inc., in the amount of $900,000 to assist with the finance costs associated with the development of eight (8) income-restricted homeownership affordable units, which will be known as Augustana Townhomes, in Council District 5 (HOST-202370649). The last regularly scheduled Council meeting within the 30-day review period is on 4-8-2024. The Committee approved filing this item at its meeting on 3-6-2024.
body

Affected Council District(s) or citywide?|1010|Contract Control Number:
HOST-202370649
Vendor/Contractor Name (including any "DBA"):
Habitat for Humanity of Metro Denver, INC.
Type and Scope of services to be performed:

Location (if applicable):

WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
N/A
Are WBE/MBE/DBE goals met (if applicable)?

Is the contract new/a renewal/extension or amendment?
new
Was this contractor selected by compe...