The city of Denver is looking for someone to buy a vacant hotel to renovate and turn into housing for the homeless.
Interested parties can pick up the hotel — and the responsibility — for the low, low price of only $10.
Denver purchased the former Stay Inn off Peoria Street near I-70 approximately 18 months ago for $9 million, according to FOX 31. The units inside the hotel are intended to be used as supportive housing. Individuals who make up to 30 percent of the region’s median income, who are experiencing or are facing homelessness can qualify for the housing.
The city reportedly already has parties interested in taking over the property and is currently reviewing applicants. The city council will have the final vote on the…
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