A resolution approving a proposed Amendatory Agreement between the City and County of Denver and The Empowerment Program to finance the development and construction of 70 income-restricted Permanent Supportive Housing units to be leased at affordable rents to qualifying households. Amends a loan amendment with The Empowerment Program, Inc. to add $294,000.00 for a new total of $3,444,000.00 to finance the demolition and new construction of a multi-family residential structure to create 70 income-restricted Permanent Supportive Housing (PSH) units to be leased at affordable rents to qualifying households. No change to loan term, in Council District 10 (HOST-202577817/HOST-202582287-01). The last regularly scheduled Council meeting within the 30-day review period is on 1-5-2026. The Committee approved filing this item at its meeting on 12-2-2025.
25-1997No discussion yet
Be the first to start a community discussion about this matter.
Sign in to start a discussion