A resolution approving a proposed Amendatory Agreement between the City and County of Denver and Brothers Redevelopment, Inc. to continue to administer the Property Tax Relief program. Amends a contract with Brothers Redevelopment, Inc. (BRI) to add $2,450,000 for a new total of $3,650,000.00 and adding twelve months for a new end date of 12-31-2026 to allow an additional 1,629 households to be served in the 2026 program year, citywide (HOST-202579426/HOST-202582097-01). 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.

This resolution approves an amendatory agreement with Brothers Redevelopment, Inc. (BRI) to continue administering the Denver Property Tax Relief program citywide. The amendment adds $2,450,000 in funding, bringing the total contract value to $3,650,000.00, and extends the contract term by twelve months to December 31, 2026. This extension and additional funding will enable the program to serve an additional 1,629 households in the 2026 program year, with a total of 2,715 households anticipated over the contract term.

The program provides partial rebates for property taxes paid by qualifying homeowners or the equivalent in rent for qualifying renters. BRI is responsible for:

• Receiving and reviewing applications, determining eligibility, and issuing payments.
• Conducting outreach, marketing, and providing technical assistance, including for those with language or technology barriers.
• Connecting applicants to other vital housing stability resources, such as foreclosure prevention, rental/utility assistance, eviction legal defense, and home repair programs.

Eligibility criteria include residency in Denver for the previous calendar year, payment of taxes/rent, and specific income thresholds (up to 60% AMI for homeowners, up to 30% AMI for renters), along with age (65+) or disability status. The maximum rebate is $1,800 for homeowners and $1,000 for renters.

This program provides crucial financial relief to qualifying low-income homeowners and renters in Denver by offering partial rebates on property taxes or rent. The contract extension ensures continued access to these funds and connects residents to broader housing stability resources, helping to prevent involuntary displacement.

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