Community Planning and Housing
TL;DR
The city approved over $7.2 million in federal grants to support housing programs, including emergency shelter, homelessness prevention, and housing for people living with HIV/AIDS. The council also approved a financial restructuring of an affordable housing preservation project on S Birch Street in Council District 6 to adjust its funding sources.
Key Decisions
- HUD Housing Program Grant Approved
- Emergency Solutions Grant (shelter and homelessness prevention) Approved
- HOPWA Grant (housing for people with HIV/AIDS) Approved
- S Birch Street Affordable Housing Project Financing Amendment Approved
Agenda
- Attendance
- Briefings
- 26-0161 An Update on the Neighborhood Planning InitiativePresentationAction: heard in committee
Council Presentation 26-0161 was heard in Committee.
- Consent Items
- 26-0145 Amends an agreement with 1625 Birch LLC to edit Exhibit F of the agreement - Cash Flow Waterfall - to accommodate a change in the capital stack for an affordable housing preservation project located at 1625 and 1675 S Birch St Denver, CO 80222. With this amendment, one subordinate debt source will be changed from must-pay to a cash flow position. There is no change to the agreement amount or length, in Council District 6 (HOST-202580106/HOST-202582043-01).ResolutionAction: approved by consent
Council Resolution 26-0145 was approved by consent.
- 26-0146 Approves a grant agreement from the United State Department of Housing and Urban Development for $2,594,648.46 and with a term through 9-30-2034 to provide funding for services and projects supporting housing program areas, citywide (HOST-202683320).ResolutionAction: approved by consent
Council Resolution 26-0146 was approved by consent.
- 26-0147 Approves a Revenue Grant Agreement with the U.S. Department of Housing and Urban Development for $580,396.00 to fund the Emergency Solutions Grant Programs to provide emergency shelter, homelessness prevention, and rapid rehousing, citywide (HOST-202683327).ResolutionAction: approved by consent
Council Resolution 26-0147 was approved by consent.
- 26-0148 Approves a revenue grant agreement with the U.S. Department of Housing and Urban Development (HUD) for $4,056,107 in HOPWA (Housing Opportunities for People With AIDS) revenue supporting the housing needs of low-income people living with HIV/AIDS, citywide (HOST-202683328).ResolutionAction: approved by consent
Council Resolution 26-0148 was approved by consent.