The Denver City Council approved an amendment to a loan agreement with Iliff Senior Apartments LLLP. This action corrects the legal description tied to a $2,250,000 loan, ensuring alignment with the project's Deed of Trust and Covenant. The loan supports the new construction of a 50-unit affordable housing project for seniors aged 62 and older, located at 4770 E. Iliff Avenue in the University Hills neighborhood. The development will consist of 44 one-bedroom and 6 two-bedroom units, serving residents earning between 30% and 80% of the Area Median Income. The four-story, all-electric building is a transit-oriented development on a 1.12-acre site. The loan amount and terms are not altered by this administrative correction.