Community Planning and Housing
TL;DR
The Denver City Council approved two housing-related items: a loan agreement with 1625 Birch LLC to acquire 194 affordable housing units, and a zoning change for a property in Virginia Village. The meeting also included a presentation on a Social Housing Study, indicating ongoing efforts to address housing affordability.
Key Decisions
- Loan Agreement for Affordable Housing Passed
- Zoning Reclassification for East Louisiana Avenue Property Approved for Filing
- Kappa Tower II LLLP Loan Agreement Amendment Passed
Agenda
- Attendance
- Action Items
- 25-1082 A resolution approving a proposed Amendatory Loan Agreement between the City and County of Denver and Kappa Tower II LLLP to allow for the partial release of the vacant parcel for the contemplation of the future development as planned, in Council District 8. Amends the Loan Agreement between the City and County of Denver and Kappa Tower II LLLP to allow for the partial release of the vacant parcel for the contemplation of the future development as planned. No change to agreement length or amount, in Council District 8 (OEDEV-201952502/HOST-202579980-01). The last regularly scheduled Council meeting within the 30-day review period is on 8-25-2025. The Committee approved filing this item at its meeting on 8-5-2025. This item was postponed at the 8-11-2025 meeting until 8-18-2025.ResolutionAction: approved for filing Passed
A motion offered by Council member Torres, duly seconded by Vice Chair Romero Campbell, that Council Resolution 25-1082 be approved for filing, carried by the following vote:
- 25-1091 A bill for an ordinance changing the zoning classification for 4626 East Louisiana Avenue in Virginia Village. Approves a map amendment to rezone property from S-SU-D to S-RH-2.5, located at 4626 East Louisiana Avenue in the Virginia Village Neighborhood, in Council District 6. If ordered published, a public hearing will be held on Monday, 9-15-2025. The Committee approved filing this item at its meeting on 8-5-2025.BillAction: approved for filing Passed
A motion offered by Council member Torres, duly seconded by Council member Alvidrez, that Council Bill 25-1091 be approved for filing, carried by the following vote:
- Briefings
- 25-1119 Presentation on the Social Housing StudyPresentation
- Consent Items
- 25-1111 A resolution approving a proposed Loan Agreement between the City and County of Denver and 1625 Birch LLC to finance the acquisition of income-restricted units to be leased at affordable rents to qualifying households, in Council District 6. Approves a loan agreement between the City and County of Denver and 1625 Birch LLC for $7,500,000.00 and a term of 120 months to finance the acquisition of 194 income-restricted units to be leased at affordable rents to qualifying households, in Council District 6 (HOST-202580106). The last regularly scheduled Council meeting within the 30-day review period is on 9-8-2025. The Committee approved filing this item at its meeting on 8-5-2025.ResolutionAction: approved by consent
Council Resolution 25-1111 was approved by consent.