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CHFA Announces 2020 Round One Low Income Housing Tax Credit Awards

Published on May 15, 2020 by Colorado Housing and Finance Authority
CHFA Announces 2020 Round One Low Income Housing Tax Credit Awards

DENVER, CO – Colorado Housing and Finance Authority (CHFA) is pleased to announce the 2020 round one Low Income Housing Tax Credit (LIHTC) awards. In this round, 29 applications were received seeking a total of $35.3 million in LIHTC. CHFA is awarding $16.1 million in federal 9 percent LIHTC to 14 developments, which will support the construction of 940 affordable rental housing units. These developments will be built in various parts of Colorado including the Denver metro area, northern and southern Front Range, mountain communities, and San Luis Valley.

The following developments were awarded federal LIHTC by CHFA. Full descriptions may be viewed here and the award report may be viewed here.

7900 E. Colfax PSH Apartments, Denver

Developer: Brothers Redevelopment, Inc.

 

Atlantic Senior, Denver

Developer: Lexton McDermott

 

The Apartments at Cinnamon Park, Longmont

Developer: Senior Housing Options

 

The Commons, Colorado Springs

Developer: Homeward Pikes Peak

 

Confluent Park Apartments, Salida

Developer: Commonwealth Development Corp.

 

GreenHaus/Thrive, Denver

Developer: Denver Housing Authority

 

The Iron Horse, Alamosa

Developer: Northwest Real Estate Capital Corp.

 

Lamar Station Crossing Phase II, Lakewood

Developer: Metro West Housing Solutions

 

McCain Apartments, Breckenridge

Developer: Gorman & Company

 

Point Affordable Apartments, Aurora

Developer: Mile High Development

 

Renaissance Legacy Lofts, Denver

Developer: Colorado Coalition for the Homeless

 

RidgeGate Affordable Apartments, Lone Tree

Developer: Koelbel and Company

 

Ridgway Space to Create, Ridgway

Developer: Artspace Projects, Inc.

 

VOA Senior Residences, Fort Collins

Developer: Volunteers of America

About CHFA
CHFA strengthens Colorado by investing in affordable housing and community development. Created in 1973, CHFA invests in loans to low- and moderate-income homebuyers through our network of participating lenders, and makes loans to affordable multifamily rental housing developers and small and medium sized businesses. CHFA also provides education and technical assistance about affordable housing and economic development. CHFA is a self-sustaining public enterprise. CHFA issued debt is not the obligation of the state. For more information about CHFA please visit www.chfainfo.com, call its Denver office at 1.800.877.chfa (2432), or its Western Slope office at 1.800.877.8450.