A bill for an ordinance approving a proposed Funding Agreement between the City and County of Denver and the Housing Authority of the City and County of Denver, Colorado, for acquisition costs of a 194-unit hotel known as Best Western located at 4595 Quebec Street, Denver, Colorado, in Council District 8, which will be operated as non-congregate shelter until it is converted to supportive housing. Approves a funding agreement to the Housing Authority of the City and County of Denver, Colorado for $15,700,000 and ending 9-30-2122 to finance the bridge financing on a 194-unit hotel known as Best Western to be operated as non-congregate shelter until it is converted to supportive housing to be rented at affordable prices, in Council District 8 (HOST-202369738). The last regularly scheduled Council meeting within the 30-day review period is on 10-16-2023. The Committee approved filing this item at its meeting on 9-13-2023.

23-1199 · Bill · Passed

Timeline

• Sep 13, 2023: approved for filing (Safety, Housing, Education & Homelessness Committee)
• Sep 25, 2023: ordered published (City Council)
• Oct 2, 2023: placed upon final consideration and do pass (City Council)
• Oct 2, 2023: signed (Council President)
• Oct 3, 2023: signed (Mayor)