Affordable housing and money for the Johnston administration’s homelessness initiative take center stage in the Denver City Council’s meeting on Monday.

The governing body will consider roughly $5 million in spending to assist financing and construction of 62 affordable housing units in the Five Points neighborhood.

Located between 2907 and 2915 Welton Street, the city is supporting the development of the properties through a pair of resolutions, which, all told, will approve a funding deal worth $1.6 million and a loan agreement of $3.4 million to assist with acquisition, financing and construction.

The land, which used to be owned by the Regional Transportation District, has a covenant requiring that any future developments have “permanent affordability,” according to city documents. The new development’s 62 units will range from one to three bedrooms and be restricted to those who make 80% of the area median income.

Denver Mayor Mike Johnston, whose administration has been funding initiatives aimed at increasing the affordable housing stock, wants to build and preserve 3,000 units.

Since Johnston’s inauguration in July, the city has helped create 534 units across 12 projects, seven of which have utilized taxpayer funding, according to Denver’s affordable housing dashboard.

The council will also consider spending $5 million to support the ongoing response to homelessness through a contract with Housing Connector.

The proposed contract will provide money for housing navigation and the distribution of time-limited, move-in financial assistance, and rental subsidies for 250 households moving from encampments to permanent housing, according to city documents.

Here’s a summary of other business appearing before the council Monday afternoon:

Contracts and resolutions:

24-0734: A resolution approving a proposed Purchase Order worth $1.4 million between Denver and John Elway Chevrolet for a one-time purchase of 18 Chevrolet Silverado police pursuit vehicles for the Denver Police Department at Denver International Airport.

24-0722: A resolution approving and providing for the execution of a proposed $750,000 Grant Agreement between Denver and the U.S. Department of Housing and Urban Development as part of the 16th Street Mall revitalization focusing on safety, mobility, and infrastructure.

24-0737: A resolution approving a proposed $793,800 contract between Denver and TechCon Infrastructure, LLC to construct ADA-compliant curb ramps and intersection median island at 35th and Holly, 35th and Kearney, 35th and Jasmine, and 36th and Jasmine as part of the Smith Elementary Safe Routes to School Intersection Improvement Project.

24-0676: A resolution approving a proposed $5,000,000 contract between Denver and Housing Connector to support the city’s homelessness initiative with housing navigation and lease up coordination, while also distributing time-limited, move-in financial assistance and rental subsidies for 250 households transitioning from encampments to permanent housing,

24-0744: A resolution approving a proposed First Amendment and modification agreement between Denver and Archway Investment Corporation, Inc. to provide an additional $1,000,000 for a new total of $4,850,000 for the rehabilitation of four former dormitory buildings into 154 income-restricted units at the former Johnson and Wales University campus.

Bills:

24-0747: A bill to amend the revised municipal code, delaying the effective date of the sidewalk program and sidewalk fund to January 1, 2025. If ordered published, a public hearing will be held on Monday, June 24.

24-0717: A bill to increase the sales and use tax by a rate of 0.34 points and dedicating the revenue derived from the tax rate increase to fund certain services provided by Denver Health and Hospital Authority, subject to the approval of the voters at a special municipal election to be conducted in coordination with the state general election on November 5, 2024.

24-0733: A bill to approve a proposed $1.4 million amendment to a revenue contract between Denver and the State of Colorado’s Office of Behavioral Health to provide funds for substance abuse disorder, mental health treatment, competency enhancements, jail medicated assisted treatment and pre-sentence re-entry to Denver County Jails.

24-0691: A bill for an ordinance amending an intergovernmental agreement with Arapahoe County to add $306,976 for a new total of $1,216,988 for the Technology Employment Colorado Partnership program aimed at crafting replicable, holistic workforce strategies tailored for middle to high-skilled occupations across sectors like information technology, advanced manufacturing, and transportation.

Public Hearings:

24-0617: A bill for an ordinance changing the zoning classification for 4340-4350 South Monaco Street in Southmoor Park.