The City and County of Denver approved an Amendatory Agreement modifying a $5,557,500 loan, originally from American Rescue Plan Act funds. This agreement reassigns the loan from Shanahan Development, LLC, to 155 Bannock Development, LLC, and substitutes the property for affordable housing redevelopment. The original site at 1350 W 13th Ave remains encumbered by a Rental and Occupancy Covenant for separate affordable housing development. The new site at 155 W 5th Ave is designated for development into at least 60 rental and 69 for-sale affordable dwelling units, totaling 129 units, for households earning between 30% and 80% of the area median income. The amendment retains the initial loan amount and duration, enabling a significant increase in affordable housing capacity without requiring additional municipal investment.