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Resolution Approving $1.3M 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: Housing Program
  • Asset Class: Multifamily
  • Size (Dollars): $1,300,000.00
  • Planning Department: True

A resolution was approved for an agreement between the City and County of Denver, Community Opportunity Fund, and Denver Dry Preservation LLC. The agreement facilitates the transition of a portion of the Denver Dry Goods building, which is being redeveloped as affordable housing, from a steam heating system to an electrification system. This involves a contract with Community Opportunity Fund for $1,300,000.00 over 24 months for the electrification conversion. The resolution, CR25-0967, was approved by the Committee on July 9, 2025, and passed by the City Council.

Source

Developer - Denver Dry Preservation LLC