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Resolution Approving Amendatory Agreement with Elevation Community Land Trust for $325,000 in Additional Grant Funds to Support State's Infrastructure and Strong Communities Grant Program, Totaling $2,825,000

  • When: 2025/07/15
  • Address: Citywide, Denver, CO
  • City: Denver
  • State: CO
  • Category: Economic Development Incentives
  • Subcategory: Grants
  • Asset Class: Multifamily
  • Property Type: Affordable Housing
  • Size (Dollars): $2,825,000.00

The Denver City Council approved an Amendatory Agreement with Elevation Community Land Trust, increasing grant funds to support the State of Colorado's Infrastructure and Strong Communities Grant Program in Council District 9. This amendment adds $325,000, bringing the total grant amount to $2,825,000. The funding is designated for infrastructure work related to the construction of the Denverado at Welton. The scope of work includes professional architectural/engineering fees, survey work, water/sewer testing fees, electrical inspection and testing fees, CDPHE permit fees, tap fees, consultant fees, labor and materials costs, bond and insurance costs, bid advertisement costs, attorney's fees, and right-of-way acquisition costs. The original grant award was $2,500,000. The Department of Housing Stability (HOST) is the requesting agency.

Source

Applicant - Elevation Community Land Trust


Ownership - Elevation Community Land Trust


City Representative - Polly Kyle