City of Lakewood AgendaPacket Regular Meeting of the City Council 2026-06-08
$10.6M Bond Volume Cap Assigned to Metro West Housing Solutions
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Description
Lakewood City Council approved the assignment of $10,593,609 of the City's 2026 private activity bond allocation to Metro West Housing Solutions. This allows Metro West Housing Solutions to issue bonds for affordable housing projects benefiting low- and moderate-income residents. No City funds are expended—this is an allocation for financing purposes only.
Contract Details
Contract Amount
$10,593,609
Vendor
HOUSING AUTHORITY OF THE CITY OF LAKEWOOD COLORADO DBA METRO WEST HOUSING SOLUTIONS
Agency
City of Lakewood, CO
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Contract Term
2026 Private Activity Bond Volume Cap Allocation
Renewal Date
2026-09-15
Renewal Info
Assignment effective upon approval. Bonds must be issued by September 15, 2026, unless carryforward provision applies. No renewal, but allocation reverts to State if not used.
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