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Resolution Approving Additional Funding for Theodora Family Motel RISE Project

  • When: 2025/07/14
  • Address: 2660 Larimer Street, Denver, CO
  • City: Denver
  • State: CO
  • Category: Economic Development Incentives
  • Subcategory: Housing Program
  • Asset Class: Specialized Housing
  • Property Type: Non-Congregate Shelter
  • Size (Units): 60 Units
  • Size (Dollars): $13,699,994.01
  • Planning Department: True

A resolution approving a First Amendment to Funding and Assignment Agreement with Volunteers of America of Colorado (VOA). This amendment adds $434,561.01 to the original agreement, bringing the new total to $13,699,994.01. The funds are intended to aid in the construction of Theodora Family Motel RISE project, a 60-unit non-congregate family shelter structure. The original agreement focused on the construction of the shelter, and this amendment provides additional funding to offset increased costs and ensure project completion.

Source

Applicant - Volunteers of America of Colorado


Developer - Volunteers of America of Colorado


City Representative - Carolina Flores