Meeting cancelled; consent agenda approved 60-year housing loan (Council Resolution 26-0118)
At a glance
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The Community Planning and Housing meeting on February 10, 2026 was cancelled and the consent agenda was approved. Council Resolution 26-0118 authorizes a $4,522,862 cash-flow loan to Northeast Denver Housing Center (borrower: 1600 Pearl LLLP) for 60 years to finance construction of 113 income-restricted units and rehabilitation of 20 income-restricted units (133 total) in Council District 10 (HOST-202683206).
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Key decisions
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- Meeting cancelled; consent agenda included.
- Council Resolution 26-0118 approved by consent.
- Approved a $4,522,862 cash-flow loan to Northeast Denver Housing Center (borrower: 1600 Pearl LLLP) for 60 years to finance construction of 113 income-restricted units and rehabilitation of 20 income-restricted units (133 total) in Council District 10 (HOST-202683206).
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Meeting information
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Community Planning and Housing
Meeting cancelled. Consent agenda included.
Agenda
- Consent Items
- A resolution approving a proposed Loan Agreement between the City and County of Denver and 1600 Pearl LLLP to finance the construction of income-restricted units and the rehabilitation of income-restricted units, to be rented to qualifying households, in Council District 10. Approves a loan agreement between the City and County of Denver and Northeast Denver Housing Center (NDHC), under the borrower entity 1600 Pearl LLLP, in the amount of $4,522,862.00 in a cash flow loan for 60 years to finance the construction of 113 income-restricted units and the rehabilitation of 20 income-restricted units, for a total of 133 income-restricted units to be rented to qualifying households, in Council District 10 (HOST-202683206). The last regularly scheduled Council meeting within the 30-day review period is on 3-16-2026. The Committee approved filing this item at its meeting on 2-10-2026.
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