A resolution approving a proposed Loan Agreement between the City and County of Denver and SCI-Capitol City, LLC to assist with the acquisition of real property located at 4501 W. Kentucky Ave, which will continue to operate as a mobile home park with sixty (60) mobile home spaces being used as affordable housing units in Council District 3. Approves the loan agreement with SCI-Capitol City, LLC. in the amount of $2,600,000 to assist with the acquisition of the Property, which will operate as a mobile home park with sixty (60) mobile home spaces being used as affordable housing units, in Council District 3 (HOST-202472389). The last regularly scheduled Council meeting within the 30-day review period is on 4-1-2024. The Committee approved filing this item at its meeting on 3-6-2024.
24-0266 · Resolution · Adopted
Timeline
- Mar 6, 2024: approved by consent (Safety, Housing, Education & Homelessness Committee)
- Mar 11, 2024: adopted (City Council)
- Mar 11, 2024: signed (Council President)