chfa news

​May 15, 2020

CHFA Announces 2020 Round One Low Income Housing Tax Credit Awards

Megan Herrera​

(DENVER) – 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