A resolution approving a proposed Loan Agreement between the City and County of Denver and 1600 Pearl LLLP to finance the construction of income-restricted units and the rehabilitation of income-restricted units, to be rented to qualifying households, in Council District 10. Approves a loan agreement between the City and County of Denver and Northeast Denver Housing Center (NDHC), under the borrower entity 1600 Pearl LLLP, in the amount of $4,522,862.00 in a cash flow loan for 60 years to finance the construction of 113 income-restricted units and the rehabilitation of 20 income-restricted units, for a total of 133 income-restricted units to be rented to qualifying households, in Council District 10 (HOST-202683206). The last regularly scheduled Council meeting within the 30-day review period is on 3-16-2026. The Committee approved filing this item at its meeting on 2-10-2026.

26-0118 · Resolution · Adopted

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