State Housing Board Meeting Agenda February 2025
City of Denver Backs Denver Dry Goods with Grants, Loans
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Description
The City of Denver is supporting the Denver Dry Goods Redevelopment with a $1.3 million sustainability grant/loan and a $3.2 million long-term city loan at below-market rates.
Contract Details
Contract Amount
$1,300,000 (CASR grant); $3,237,815 (Assumed City Loan, pending)
Vendor
CITY OF DENVER
Agency
Division of Housing, CO
Contract Type
FINANCIAL_SERVICES
Document Date
February 11, 2025
Contract Term
City Loan: 40 years, interest 5%; CASR grant to loan: 30 years, 1% interest
Renewal Date
2065-01-09
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