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7 results for “business loans” · proposal

  • 26-0529: A resolution approving a proposed Agreement between the City and County of Denver and Colorado Enterprise Fund, Inc., to fund the Business Investments, Loans and Development Denver Program that will provide affordable loans, grant funding, and business coaching to small businesses seeking to start, restart, restructure, improve upon or grow in their endeavors who have traditionally lacked access to capital markets, citywide. Approves a contract with Colorado Enterprise Fund, Inc. for up to $9,000,000.00 from the Herman Malone Fund (not exceed $3 Million per program year nor the amount of sales tax dollars collected from cannabis sales in Denver and committed to this Agreement) with an end date of 4-30-2029 to fund the Business Investments, Loans and Development Denver Program (BUILD Denver Program) that will provide affordable loans, grant funding, and business coaching (focused on capital readiness) to small businesses seeking to start, restart, restructure, improve upon or grow in their endeavors who have traditionally lacked access to capital markets, citywide (OEDEV-202582811). The last regularly scheduled Council meeting within the 30-day review period is on 5-18-2026. The Committee approved filing this item at its meeting on 4-21-2026.

    Apr 13, 2026

    ·Denver, CO
    Proposal
    Source

  • 24-0343: A resolution approving a proposed Loan Agreement between the City and County of Denver and Mental Health Center of Denver to assist with the development and construction of sixty (60) affordable rental dwelling units known as Sheridan Supportive Housing in Council District 3. Approves a loan agreement with Mental Health Center of Denver, doing business as WellPower in the amount of $3,100,000 and a maturity date of 60 years from date of the Promissory Note and repayment forgiven so long as borrower is in compliance with all terms and conditions of Agreement, to assist with the development and construction of sixty (60) affordable rental dwelling units known as Sheridan Supportive Housing, in Council District 3. (HOST-202472724). The last regularly scheduled Council meeting within the 30-day review period is on 6-17-2024. The Committee approved filing this item at its meeting on 3-20-2024.

Mar 11, 2024

·Denver, CO
Proposal
Source

  • 2187-2023: To authorize the Director of the Department of Development to enter into a grant agreement with Freedom Equity, Inc. in an amount up to $1,500,000.00 for a micro loan program to support small minority businesses; to authorize the transfer of $1,500,000.00 between the Citywide Account and the Department of Development; to authorize the expenditure of up to $1,500,000.00 from the General Fund; and to authorize the advancement of funds on a pre-determined schedule during the term of the agreement. ($1,500,000.00)

    Jul 12, 2023

    ·Columbus, OH
    Proposal
    Source

  • 23-0721: A resolution approving a proposed Loan Agreement between the City and County of Denver and Archdiocesan Housing, Inc. to construct 63 units of income-restricted senior housing, known as All Saints Apartments, located at 2595 South Federal Boulevard in Council District 2. Approves a loan agreement with Archdiocesan Housing, Inc., doing business as Catholic Charities Housing for $2,452,000, including $1,890,000 as a 60-year performance loan and $562,000 as an 18-year cash flow loan to construct 63 units of income-restricted senior housing, known as All Saints Apartments, located at 2595 South Federal Boulevard in Council District 2 (HOST-202368442). The last regularly scheduled Council meeting within the 30-day review period is on 7-31-2023. The Committee approved filing this item at its meeting on 6-7-2023.

    May 28, 2023

    ·Denver, CO
    Proposal
    Source

  • R-165-22: A RESOLUTION TO REQUEST THE RELEASE OF THE FEDERAL INTEREST IN THE REVOLVING LOAN FUND OPERATED BY METROPOLITAN BUSINESS DEVELOPMENT CORPORATION (“METCO”).

    Oct 21, 2022

    ·Louisville, KY
    Proposal
    Source

  • 21-1001: A resolution approving a proposed First Amendment to Loan Agreement between the City and County of Denver and Morrison Road, LLC doing business as Gorman Morrison Road, LLC to amend and modify the terms and conditions of the loan to support the construction of an affordable housing development known as Avenida del Sol. Amends a loan agreement with Morrison Road, LLC doing business as Gorman Morrison Road, LLC by revising and reconciling the cash flow repayment split with the Colorado Division of Housing in Exhibit F of the loan agreement for the Avenida del Sol project, containing 80 affordable apartment units located at 5048 Morrison Road in Council District 3. No change to agreement amount or duration (202054179-01). The last regularly scheduled Council meeting within the 30-day review period is on 10-11-21. The Committee approved filing this item at its meeting on 9-8-21.

    Aug 30, 2021

    ·Denver, CO
    Proposal
    Source

  • 2029-2021: To authorize the appropriation and expenditure of up to $1,000,000.00 in the Columbus JEDD Revenue fund; to authorize the Director of the Department Development to enter into a non-for-profit service contract with Economic & Community Development Institute for the purpose of launching the Columbus Small Business Response and Recovery (CSBR2) Program- 2.0-Revolving Loan Fund and Grant Fund to provide immediate access to capital to small businesses in Columbus, Ohio; to authorize the expenditure of up to $1,000,000.00 from the Columbus JEDD Revenue fund; and to declare an emergency. ($1,000,000.00)

    Jul 13, 2021

    ·Columbus, OH
    Proposal
    Source