A resolution approving a proposed Loan Agreement between the City and County of Denver and 2915 Welton Development, LLC to assist with the financing and construction costs of sixty-two (62) income-restricted homeownership units located at 2907-2915 Welton Street in Council District 9. Approves a loan agreement with 2915 Welton Development, LLC., for $3,360,000 to assist with the financing and construction costs of sixty-two (62) income-restricted homeownership units located at 2907-2915 Welton Street, in Council District 9 (HOST-202474078). The last regularly scheduled Council meeting within the 30-day review period is on 7-8-2024. The Committee approved filing this item at its meeting on 6-5-2024.

24-0743 · Resolution · Adopted

Timeline

• Jun 5, 2024: approved by consent (Safety, Housing, Education & Homelessness Committee)
• Jun 17, 2024: adopted (City Council)
• Jun 17, 2024: signed (Council President)