$2 million dollars in federal funding is finally heading to its final destination after the Denver City Council on Tuesday approved using that money to help buy a hotel that will be converted into housing for the homeless.
Two million dollars in federal funding secured byis finally heading to its final destination after the Denver City Council on Tuesday approved using that money to help buy a hotel that will be converted into supportive housing for the homeless.
DeGette and Denver Mayor Michael Hancock first announced the congresswoman’s efforts to secure federal money to contribute to a deal for the hotel. At that time, Denver’s housing officials projected the property could be operating as a homeless shelter for up to 200 people by the end of that year. IH Holdings bought the property for $3.8 million in 2019 according to city records. City officials originally projected the purchase price would be $7.8 million in May 2021.
In a slide presentation delivered to a council committee last month, staff highlighted that supportive services would include nursing care, case management, peer support and therapy among other things.
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