The Denver City Council approved a loan agreement with CVCO 49th & Vine 4% Property Owner, LLP, for $5,270,000.00 to finance the construction of Vina II: Vina Senior Residences. This project will deliver 102 income-restricted units to be leased at affordable rents to qualifying households in Council District 9, specifically at 2150 East 49th Avenue in the Globeville-Elyria-Swansea neighborhood. The development will feature 83 one-bedroom and 13 two-bedroom units, all restricted to seniors earning at or below 60% Area Median Income (AMI), with six units further restricted to 30% AMI. The building will include a ground-floor senior center and a second-floor clubhouse with an attached courtyard. Residents will benefit from proximity to the Tepeyac Community Health Center and local retail space. The rental and occupancy restrictions will be secured by a Covenant running with the land for a minimum of 60 years.