The City and County of Denver adopted Resolution CR25-1126, declaring its intent to issue housing revenue bonds or mortgage credit certificates to finance residential facilities for low- and middle-income families. This resolution allows the city to preserve its ability to issue private activity bonds in future years and apply for additional allocations. The State of Colorado's Department of Local Affairs has allocated $46,714,547 of Volume Cap Allocation to Denver for 2025, which is reserved for upcoming affordable housing projects. This resolution also enables the city to carry forward the allocation for up to three years, consistent with Colorado statutes and IRS code, and to apply for further awards from the statewide balance. The intent is to facilitate adequate, safe, and sanitary housing for low- and middle-income residents.