A resolution approving a proposed Second Amendatory Loan Agreement between the City and County of Denver and Cornerstone Residences LLLP to allow for the Assignment & Assumption of the Rocky Mountain HDC, Inc. HOME loan documents, in Council District 9. Amends a Loan Agreement to allow for the Assignment & Assumption of the Rocky Mountain HDC, Inc. HOME loan documents to Cornerstone Residences LLLP. No change to contract length or maximum amount, in Council District 9 (#GE8A021-1). The last regularly scheduled Council meeting within the 30-day review period is on 8-11-2025. The Committee approved filing this item at its meeting on 6-25-2025.

25-0910 · Resolution · Adopted

Timeline

• Jun 25, 2025: approved by consent (Safety, Housing, Education & Homelessness Committee)
• Jul 21, 2025: adopted (City Council)
• Jul 21, 2025: signed (Council President)