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.
Official status: Adopted
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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.
Status timeline
| Date | Location | Action |
|---|---|---|
| 02/10/2026 | Community Planning and Housing | Council Resolution 26-0118 was approved by consent. |
| 02/23/2026 | City Council | A motion offered by Council member Parady, duly seconded by Council member Romero Campbell, that Council Resolution 26-0118 be adopted en bloc, carried by the following vote: |
| 02/23/2026 | Council President | signed |
Full text
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City and County of Denver — Legistar (denver.legistar.com)
Source: City and County of Denver — Legistar (denver.legistar.com) · Data as of
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