The City and County of Denver approved a $3,782,000 cash flow loan to MHMP 20 Loretto LLLP for the development of 100 affordable rental units at the Loretto Heights Family Apartments project, located at 2980 S. Pancratia Street. The developer, Mercy Housing Mountain Plains, will construct the units with AMIs ranging from 30% to 70%, with an overall weighted average AMI of 58%. The project will feature 45 one-bedroom, 31 two-bedroom, and 24 three-bedroom units. On-site amenities include a community room, recreation and business centers, picnic area, and an EV charging station. Tenant services will include adult education, computer courses, after-school tutoring, and resume/job search assistance. The rental and occupancy restrictions will be secured by a Covenant recorded against the property for a minimum of 60 years. The total project cost is $44,507,565.