chfa announces round one low income housing tax credit awards Colorado Housing and Finance Authority (CHFA) is pleased to announce the Low Income Housing Tax Credit (LIHTC) awards for the first allocation round of 2016. In this round, 19 affordable rental housing developments requested $15,434,233 in state LIHTC, competing for the $5 million available.
Additionally, five projects in the flood-impacted Boulder, Larimer, and Weld counties requested Disaster Recovery state LIHTC from CHFA, along with Community Development Block Grant – Disaster Recovery (CDBG-DR) funds from the Colorado Department of Local Affairs-Division of Housing (DOLA-DOH).
A total of 12 developments have been awarded LIHTC, supporting the new construction or preservation of 1,062 affordable rental housing units in Colorado. The following developments have been awarded either state LIHTC from CHFA, or Disaster Recovery state LIHTC from CHFA and CDBG-DR funds from DOLA-DOH in 2016.
Full descriptions may be
State LIHTC Awards
Alameda View Apartments, Aurora
Developer: Gardner Capital
Arroyo Village, Denver
Developer: Dolores Project and Rocky Mountain Communities
Fifty Eight Hundred, Lakewood
Developer: Metro West Housing Solutions
Lowry Family Housing, Denver
Developer: Volunteers of America and Denver Housing Authority
The Vistas at Panorama Pointe, Westminster
Developer: M.E.M. Westminster Property LLP
Village at Westerly Creek 3, Aurora
Developer: Aurora Housing Authority
Windmill Ranch Apartments, Brighton
Developer: Brighton Housing Authority and MJT Properties, Inc.
Disaster Recovery State LIHTC and CDBG-DR Awards
Palo Park Community, Boulder
Developer: Boulder Housing Partners Peakview Trails, Greeley
Peakview Trails, Greeley
Developer: Four Corners Development, LLC
Developer: Element Properties
Suites Supportive Housing Community, Longmont
Developer: Longmont Housing Authority
Village on Horsetooth, Fort Collins
Developer: Fort Collins Housing Authority