The Denver City Council has approved a $1.5 million loan agreement with Blue Room House One LLC to develop and construct 54 affordable rental units at 817 W. 8th Ave. The project, located in Council District 3, is set to mature in 15 years.
The loan, part of a broader effort to increase affordable housing, comes amid a surge in landmark filings targeting Denver's historic homes in the same ZIP code. The approval was part of a Community Planning and Housing resolution, with the matter filed under number 26-0624.