City and County of Denver Minutes Community Planning and Housing 2026-06-02
Loan Approved for Green Valley Vistas Affordable Housing
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Description
Denver approved a $4.75 million, 19-year cash flow loan agreement with Green Valley Vistas Owner, LLC to finance construction of 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 cash flow loan; affordability for 99 years
Renewal Info
19-year loan term with a 99-year affordability requirement for the 156 income-restricted units; no renewals described.
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