Loan Amendment for Elevation Community Land Trust Approved
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Description
Denver approved an amendment to its loan agreement with Elevation Community Land Trust to increase per-unit housing subsidies and permit the use of ARPA funds for down payment reimbursements on new condominium units. The resolution makes no changes to the contract term or overall capacity.
Contract Details
Vendor
ELEVATION COMMUNITY LAND TRUST
Agency
City of Denver, CO
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
No change to contract term
Renewal Info
Amendment increases per-unit subsidy and authorizes ARPA reimbursement for down payments with no change to existing contract term or capacity.
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