A resolution approving a proposed Amendatory Agreement between the City and County of Denver and The Community Firm to continue to administer the Property Tax Relief program. Amends a contract with The Community Firm (TCF) by adding $2,450,000.00 for a new total of $3,650,000.00 and adding twelve months for a new end date of 12-31-2026 for an additional 1,478 households to be served in the 2026 program year, citywide (HOST-202579416/HOST-202582096-01). 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.
Summary
This resolution approves an Amendatory Agreement with The Community Firm (TCF), also known as Community Economic Defense Project (CEDP), to continue administering the Denver Property Tax Relief program. The amendment adds $2,450,000.00 to the contract, increasing the total to $3,650,000.00, funded by HOST General Funds. The contract term is extended by 12 months, with a new end date of December 31, 2026.
This extension will enable TCF to serve an additional 1,478 households in the 2026 program year, bringing their total projected service to 2,464 households over the contract term. The program provides partial rebates for property taxes paid or equivalent rent to qualifying Denver residents citywide. Eligibility criteria include income limits (up to 60% AMI for homeowners, 25-30% AMI for renters) and specific demographics (e.g., 65+, disability, or dependent children for homeowners). TCF's services include application review, eligibility determination, issuing payments (up to $1,800 for homeowners and $1,000 for renters), outreach, and connecting residents to other housing stability resources.
This program provides crucial financial relief to thousands of low-to-moderate income homeowners and renters across Denver, helping to offset property tax burdens or rent costs. It also connects residents to other vital resources, reducing the risk of involuntary displacement and promoting housing stability.
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