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Resolution Approving $1.3 Million Agreement for Electrification Conversion of Denver Dry Goods Affordable Housing

  • When: 2025/07/21
  • Address: Citywide, Denver, CO
  • City: Denver
  • State: CO
  • Category: Economic Development Incentives
  • Subcategory: Grants
  • Asset Class: Multifamily
  • Property Type: Affordable Housing
  • Size (Dollars): $1,300,000.00

A resolution was approved by the City and County of Denver to enter into an agreement with Community Opportunity Fund and Denver Dry Preservation LLC. This agreement facilitates the transition of a portion of the Denver Dry Goods building, currently undergoing redevelopment into affordable housing, from its existing steam heating system to an electrification system. The contract with Community Opportunity Fund is for $1,300,000.00 and has a duration of 24 months. The project is located in Council District 10. The resolution was reviewed by the Office of the City Attorney and found to have no legal objections. The Committee approved filing this item on July 9, 2025.

Source

Applicant - Community Opportunity Fund


Developer - Denver Dry Preservation LLC


City Representative - Jeff Tejral