City and County of Denver City Council Community Planning and Housing Minutes 2026-06-02
Loan Approved for Green Valley Vistas Affordable Housing
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Description
Denver City Council approved a $4,750,000, 19-year cash flow loan agreement with Green Valley Vistas Owner, LLC to finance 156 income-restricted apartments at 5000 Tower Road. The project will serve households between 30% and 80% AMI under a 99-year affordability commitment.
Contract Details
Contract Amount
$4,750,000.00
Vendor
GREEN VALLEY VISTAS OWNER LLC
Agency
City of Denver, CO
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
19 years; 99-year income-restriction period
Renewal Info
19-year loan term with a 99-year covenant for income-restricted rentals; no renewal terms stated.
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