Queen City Cooperative · Denver

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Queen
City Co-op

Queen City Cooperative's white two-story house with a front porch and black iron fence
Queen City residents and friends gathered around a long dinner table for the co-op's anniversary party
Queen City Cooperative's stucco bungalow with a red tile roof and front porch
A shared house dinner: a big bowl of salad, pasta with spinach, and grilled bread

Denver withdrew the $600K loan it promised us.

Your voice matters here. Tell the City that Denverites support cooperative housing!

Tues. Oct 13•5:30 PM•City Council public comment

After a year of promises, the City withdrew our $600,000 loan with no explanation. Without it, Queen City could close.

Our ask: Council should call for a public, transparent review of HOST's decision to withdraw Queen City's $600K loan, and urge HOST to reinstate it.

What was the loan for?
  • Permanent affordability. Under our agreement with HOST, 10 of our 15 cooperative shares would become permanently affordable to households earning 50–80% of Area Median Income (AMI).
  • Paying down our mortgages. We face a refinance that will double our interest rates. Paying down principal now keeps homes within reach. Without it, the cost of living for our community goes up 20–30%.
  • Capital improvements to keep our homes safe and in good repair.
  • Reserves for expansion, so the co-op can grow and house more people.

Cooperativesmatter.

Who we are

Queen City Cooperative is a resident-owned housing co-op in Denver. For over a decade, we've kept housing permanently affordable in our city. Members share ownership, costs and decisions, and our shared-equity model, the first of its kind in Colorado, keeps homes affordable for each household that comes next.

  • 15cooperative shares
  • 10committed to stay permanently affordable at 50–80% AMI
  • 10+ yrsof affordable, community-owned housing

How we got here

  1. Early 2025

    HOST directly encourages Queen City to apply for funding.

  2. Fall 2025

    HOST issues Queen City a commitment letter for a $600,000 loan.

  3. 2025–26

    Queen City goes through a year of intensive underwriting with the City.

  4. Oct 2026

    The City withdraws the loan, with no explanation.

  5. Tue Oct 13

    We fill City Council public comment. You can help.

  6. Next

    Council calls for a public, transparent review of HOST's decision and urges HOST to reinstate the loan.

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Tuesday, Oct 13

The day of

Where
Cathy Reynolds City Council Chamber, 4th floor, City and County Building, 1437 Bannock St.
When
Public comment at 5:30 PM. Arrive by 4:45 to get in and find a seat together.
Getting there
RTD's Civic Center Station is a short walk. Downtown parking fills up, so carpool or come early.
Can't come?
Listen live by phone: 720-928-9299, meeting ID 960 0657 7923. Or sign up to speak on Zoom (tab 2 above).
Language access
Spanish interpretation headsets are available in the chamber. For ASL, captioning or other accommodations, contact the Council office at 720-337-2000 or dencc@denvergov.org.

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