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Safety, Housing, Education & Homelessness Committee

Regular Meeting

Denver, CO · August 17, 2022

AgendaMinutes

Minutes

Minutes Safety, Housing, Education & Homelessness Committee Committee Members: Kniech, Chair; Kashmann, Vice-Chair; Flynn, Gilmore, Sandoval, Sawyer Committee Staff: Luke Palmisano Wednesday, August 17, 2022, 10:30 AM City & County Building, Council Chambers, Room 450 Attendance Present: 9- Kniech, Kashmann, Sandoval, Sawyer, Torres, Flynn, Gilmore, CdeBaca, Black Action Items 22-0970 Amends Chapter 27 of the Denver Revised Municipal Code to establish prioritization requirements for income-qualified households in certain income-restricted affordable housing. A motion offered by Councilmember Sandoval, duly seconded by Councilmember Torres, that Council Bill 22-0970 be approved for filing, carried by the following vote: Aye: 7- Kniech, Kashmann, Sandoval, Sawyer, Torres, Flynn, Gilmore Nay: 0 22-0932 Amends the agreement with Spector Development, LLC to correct the legal description, allow 3 residential units to be converted from rental to for-sale, modify affordability requirements of residential rental and for-sale income-qualified units, adjust the loan terms, allow an assumption of the loan, forgive $240,000 default interest, and change the subordination limit for a mixed-use development located at 910 Santa Fe Drive in Council District 3 (HOST-202161652-04). A motion offered by Councilmember Torres, duly seconded by Vice Chair Kashmann, that Council Resolution 22-0932 be postponed to a date certain, carried by the following vote: Aye: 7- Kniech, Kashmann, Sandoval, Sawyer, Torres, Flynn, Gilmore Nay: 0 City and County of Denver Page 1 Printed on 8/17/2022

Agenda

Agenda Safety, Housing, Education & Homelessness Committee Committee Members: Kniech, Chair; Kashmann, Vice-Chair; Flynn, Gilmore, Sandoval, Sawyer Committee Staff: Luke Palmisano Wednesday, August 17, 2022, 10:30 AM City & County Building, Council Chambers, Room 450 Attendance Action Items 22-0970 Amends Chapter 27 of the Denver Revised Municipal Code to establish prioritization requirements for income-qualified households in certain income-restricted affordable housing. Polly Kyle, Housing Prioritization Policy Officer There will be 15 minutes of public comment on item 22-0970. To sign up to speak visit www.denvergov.org/councilpublicinput. a) Briefing b) Public comment c) Discussion/Action 22-0932 Amends the agreement with Spector Development, LLC to correct the legal description, allow 3 residential units to be converted from rental to for-sale, modify affordability requirements of residential rental and for-sale income-qualified units, adjust the loan terms, allow an assumption of the loan, forgive $240,000 default interest, and change the subordination limit for a mixed-use development located at 910 Santa Fe Drive in Council District 3 (HOST-202161652-04). Jeremy Brown, HOST Lead Asset Manager WATCH THIS MEETING LIVE ON ZOOM: https://zoom.us/webinar/register/WN_SrJLqP3TTRqWZrnyFczQ1A PASSWORD: Denver Page 1 Agenda Safety, Housing, Education & Homelessness Committee Wednesday, August 17, 2022 WATCH THIS MEETING LIVE ON ZOOM: https://zoom.us/webinar/register/WN_SrJLqP3TTRqWZrnyFczQ1A PASSWORD: Denver Page 2