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FINANCIAL_SERVICESAPPROVED

City of Lakewood AgendaPacket Regular Meeting of the City Council 2026-06-08

$25M Bonds Approved for Tiffany Square Apartments Project

Not to exceed $25,000,000City of LakewoodTIFFANY SQUARE PRESERVATION LPJune 8, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Lakewood Council approved the issuance of up to $25 million in revenue bonds by Metro West Housing Solutions. The bond proceeds will be loaned to Tiffany Square Preservation, L.P. to acquire and rehabilitate a 52-unit affordable housing project located at 935 Sheridan Blvd. This action supports continued affordable housing in the city.

Contract Details

Contract Amount

Not to exceed $25,000,000

Vendor

TIFFANY SQUARE PRESERVATION LP

Agency

City of Lakewood, CO

Contract Type

FINANCIAL_SERVICES

Document Date

June 8, 2026

Contract Term

Bonds issued and proceeds loaned for project duration

Renewal Info

Bond terms according to issuance documents and project requirements. No explicit renewal clause; funded through city volume cap allocations.

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