The City and County of Denver is amending a loan agreement with Denver Dry Preservation, LLC, for an affordable housing development at 1565 California Street. This fifth amendment adjusts the loan's interest rate calculation from simple to annual compounding. The change is required to maintain compliance with federal tax regulations related to Low-Income Housing Tax Credits (LIHTC). Without this adjustment, the value of the loan for tax credit purposes would be discounted, leading to a potential loss of $760,808 in equity for the project. The total loan amount of $3,237,815 and the loan term remain unchanged. The Community Planning and Housing Committee approved filing this item on November 25, 2025.