CHFA Announces 2023 Round Two Housing Tax Credit Awards
(DENVER) – Colorado Housing and Finance Authority (CHFA) is pleased to announce 10 developments will be awarded a reservation of federal and state Housing Tax Credits to support the new construction or preservation of 1,110 affordable rental units. These developments will seek to address various housing needs in Colorado, supporting individuals, families, households exiting homelessness, and older adults.
Developments awarded during this round will be located in Aurora, Colorado Springs, Denver, Fort Morgan, Longmont, Loveland, and Montrose.
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.
901 Navajo Street, Denver
Developer: Mercy Housing Mountain Plains
Albion Affordable Apartments, Denver
Developer: Delwest Development Corporation
Ascent at Hover Crossing, Longmont
Developer: Pennrose LLC
Chrysalis Apartments, Denver
Developer: The Empowerment Program, Inc.
Denver Dry Goods, Denver
Developer: Perry Rose LLC
Edge III, Loveland
Developer: Loveland Housing Authority
Gateway Village, Fort Morgan
Developer: Rocky Mountain Communities
King’s Crossing, Aurora
Developer: Community Development Partners
Rendezvous, Montrose
Developer: Volunteers of America (VOA) National Services
Village at Homewood Point – Phase II, Colorado Springs
Developer: CS Pike Senior II L.P.
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).
