A resolution approving a proposed Loan Agreement between the City and County of Denver and 1900 South, LLC to assist with the development and construction of a 98-unit affordable housing development, located at 1901 S. Navajo Street, Denver, Colorado. Approves the loan agreement with 1900 South, LLC, in the amount of $4,410,000 located at 1901 S. Navajo Street to assist with the development and construction of 98 dwelling units, 97 of which will be income-restricted, and will be known as Ruby Vista, in Council District 2. HOST-202371005. The last regularly scheduled Council meeting within the 30-day review period is on 12-4-2023. The Committee approved filing this item at its meeting on 11-8-2023.

23-1674 · Resolution · Adopted

Timeline

• Nov 8, 2023: approved by consent (Safety, Housing, Education & Homelessness Committee)
• Nov 13, 2023: adopted (City Council)
• Nov 13, 2023: signed (Council President)