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CHFA Announces 2022 Round Two Housing Tax Credit Awards

Published on November 16, 2022 by Colorado Housing and Finance Authority
CHFA Announces 2022 Round Two Housing Tax Credit Awards

(DENVER) – Colorado Housing and Finance Authority (CHFA) is pleased to announce 13 developments will be awarded a reservation of federal and state Housing Tax Credits to support the new construction or preservation of 1,463 affordable apartments. These developments will seek to address various housing needs in Colorado, supporting individuals, families, homeless households, veterans, and adults ages 55 or older, and 62 or older.

Developments supported will be located in Arvada, Aurora, Boulder, Colorado Springs, Denver, Fort Collins, Lafayette, Lone Tree, and Silverthorne.

The following developments are receiving federal 4 percent and state Housing Tax Credit award reservations from CHFA. Full descriptions may be viewed here and the award report may be viewed here.

Bentley Commons, Colorado Springs
Developer: GPR Properties III – a partnership between Greccio Housing Unlimited, Partners in Housing, and Rocky Mountain Community Land Trust

Elevate at Aurora, Aurora
Developer: Columbia Ventures Colorado, LLC

Heartside Hill, Fort Collins
Developer: CARE Housing, Inc.

Irving at Mile High Vista, Denver
Developer: Urban Land Conservancy and Cho Development

Legacy Senior Residences, Arvada
Developer: Cornerstone Housing Group, LLC

Marshall Homes, Arvada
Developer: Family Tree, Inc. and Blueline Development, Inc.

Rally Apartments, Boulder
Developer: Boulder Housing Partners

Reserves at Eagle Point, Aurora
Developer: Overland Property Group

Residences at Acoma, Denver
Developer: Second Chance Center

RidgeGate Senior, Lone Tree
Developer: Koelbel and Company

Smith Ranch Apartments, Silverthorne
Developer: Gorman and Company LLC

Warren Village III at Alameda, Denver
Developer: Warren Village, Inc.

Willoughby Corner Phase IB Family, Lafayette
Developer: Boulder County Housing Authority

About CHFA

CHFA strengthens Colorado by investing in affordable housing and community development. Created in 1973, CHFA invests in affordable homeownership, the development and preservation of affordable rental housing, helps small- and medium-sized businesses access capital, offers technical assistance and financial support to strengthen local communities, and supports mission-aligned nonprofits through philanthropic investment. CHFA is a self-sustaining public enterprise. CHFA issued debt is not the obligation of the state. For more information about CHFA, please visit chfainfo.com or call 1.800.877.chfa (2432).