CHFA News Sign up for CHFA News CHFA News is a resource to help CHFA stay connected with our customers and partners across Colorado via your inbox. February 18, 2019CHFA News - January/February 2019In this issue: • 2018 Community Report Available • Register for Housing Credit Summit • 2019 Round One LIHTC Applications Received • Affordable Rental Housing Developments Celebrate Progress • CHFA Supports Partners • Upcoming Events December 11, 2018CHFA News - November/December 2018In this issue: • $50 Million Metro Denver Impact Facility Launches • Housing White Papers Released by CHFA • Like, Share, and Donate to Fight Hunger • Undesign the Redline Exhibit Comes to Denver • New Affordable Rental Housing Throughout Colorado • CHFADecember 7, 2018Happy Holidays from CHFA Wishing you every happiness this holiday season and throughout the coming year.December 6, 2018Like it Forward 2018One of the ways Xander and his family are able to get enough food is through Care and Share for Southern Colorado’s Send Hunger Packing program. “When I get those food bags, they’re really heavy, and that heaviness is love,” said Xander. “It means a lotNovember 30, 20182018 CHFA Website SurveyWe are interested in your experiences using the CHFA website. We would like to invite you to participate in an anonymous survey to help us ensure that chfainfo.com is user-friendly, up-to-date, and meets your needs. The survey should take about one November 19, 2018Colorado’s Housing Affordability Gap and Housing Continuum White Papers ReleasedCHFA has published the following white papers highlighting Colorado’s Housing Affordability Gap, an overview of the state’s Housing Continuum, and a summary of Federal Housing Resources available to support affordable housing. Research shows that November 1, 2018Vote No on Amendment 74CHFA’s Board of Directors has taken a position of opposition to Amendment 74. This proposed constitutional amendment would require state and local governments to provide just compensation if private property has suffered “reduced fair market value by goveOctober 11, 2018CHFA News - September/October2018In this issue: • CHFA Announces Round Two LIHTC Awards • $500 for 5: Three Homeowners Win CHFA Contest • Colorado Credit Reserve Supports Over $100 Million in Loans • Village at Wintergreen Breaks Ground • LIHTC Developments Open Doors • Staff Builds WheSeptember 12, 2018chfa insight is getting a new look!On Tuesday, September 18, CHFA will be rolling out a new version of Insight, offering the same great account maintenance functionality in a more user-friendly format. Enhancements include: New design and navigation features to easily find information ExpAugust 10, 2018CHFA News - July/August 2018In this issue: • Golfers Raise $75,000 for Arrupe Jesuit High School • CHFA Launches Capital Magnet Fund to Support Affordable Housing • $500 for 5: CHFA Homeowner Contest • 30 Years: Congratulations Cris! • 2019 LIHTC QAP Public Hearings • Affordable ReJune 7, 2018CHFA News - May/June 2018In this issue: • State Affordable Housing Tax Credit Extended • DRCOG Honors CHFA with Metro Vision Award • 2018 Housing Forum Colorado is Underway • Affordable Rental Housing Development Celebrations • CHFA Supports Partners • Upcoming EventsMay 4, 2018 Fiscal Year 2018 Omnibus Spending Bill Implementation UpdateOn March 23, 2018, President Trump signed into law the Fiscal Year 2018 Omnibus Spending Bill. This important legislation included two key provisions that were supported by CHFA as opportunities to strengthen and expand the Low Income Housing Tax Credit April 27, 2018Colorado General Assembly Passes State Affordable Housing Tax Credit BillToday, the Colorado General Assembly passed legislation that would continue the state’s Affordable Housing Tax Credit program through 2024. Originally renewed in the 2014 legislative session, the state Tax Credit Program has proven to be a critical resourApril 25, 2018State House Passes SB18-007 on Second ReadingLate Tuesday evening, the Colorado House of Representatives passed SB18-007 on Second Reading with bipartisan support. SB18-007 proposes to extend Colorado’s Affordable Housing Tax Credit program through 2024. Currently, the program is set to expire in April 24, 2018House Appropriations Committee Advances State LIHTC Extension Bill On Monday, April 23, 2018, the House Appropriations Committee passed SB18-007 with bipartisan support. SB18-007 proposes to extend Colorado’s Affordable Housing Tax Credit program through 2024. Currently, the program is set to expire in 2019 unless furtheApril 20, 2018 Sponsorships Still Available for CHFA's David W. Herlinger Golf TournamentSponsorships are still available for CHFA’s 2018 David W. Herlinger Golf Tournament. This year’s tournament will be held at Fossil Trace Golf Course in Golden, Colorado, on Tuesday, July 24. In addition to 18 challenging holes of golf, there will be severApril 12, 2018CHFA News - March/April 2018• Steve Hutt Named Chair of Board of Directors • CHFA Awarded $7.1 Million Capital Magnet Fund Grant • April is Fair Housing Month • SB18-007 Passes House Finance Committee on 10-3 Vote • FY 2018 Omnibus Bill Supports Key Affordable Housing Priorities • CMarch 22, 2018State and Federal Leaders Advance Legislation Increasing Affordable Housing ResourcesGreat progress is occurring this week in Colorado and Washington D.C. as both state and federal leaders advance proposals to increase resources for affordable housing. At the Colorado General Assembly, the House Finance Committee advanced SB18-007, whicMarch 13, 2018CHFA 2017 Community Report Available! CHFA’s 2017 Community Report is now available. Below are some of the highlights! In 2017 CHFA: • Invested in homeownership: 8,256 customers served with home mortgage loans or mortgage credit certificates “Homeownership has given us the freedom to be February 22, 2018State Low Income Housing Tax Credit Extension Bill (SB18-007) Passes Senate - on to the HouseThis morning, Senate Bill 18-007, which would extend Colorado’s existing state LIHTC program through 2024, passed the Senate on Third Reading with a 25-9 vote. The bill will now move to the House for consideration. Please contact our Senate bill sponsorFebruary 14, 2018State Low Income Housing Tax Credit Extension Bill (SB18-007) Passed out of Senate Appropriations - on to the Senate FloorThis morning Senate Bill 18-007, which would extend Colorado’s existing state LIHTC program through 2024, passed out of the Senate Appropriations Committee on a 5-2 vote. The Bill will be heard next on the Senate Floor, and may be voted upon as early as tFebruary 9, 2018CHFA News - January/February 2018In this issue: • Colorado’s Housing Needs Drive Record Activity at CHFA • State LIHTC Extension Bill Introduced in Colorado General Assembly • Breaking Ground: Affordable Rental Housing • CHFA Supports Partners • Staff Volunteers to Support Local January 31, 2018chfa golf tournament - 2018 save the dateThe CHFA David W. Herlinger Golf Tournament will be held on July 24, 2018 at Fossil Trace Golf Club in Golden, Colorado. January 30, 2018State Low Income Housing Tax Credit Extension Bill (SB18-007) Approved by Senate Finance CommitteeLast week, Senate Bill 18-007 passed its first hurdle. This bill, which would extend Colorado’s existing state LIHTC program to 2024 and change its name to the Colorado Affordable Housing Tax Credit program, was heard in Senate Finance Committee on TuesJanuary 12, 2018State LIHTC Extension Bill Introduced in Colorado General AssemblyThe Colorado General Assembly convened on Wednesday for the 2018 legislative session. Among the first bills introduced was SB-007, which proposes to extend the state LIHTC program through 2024. It also proposes to rename the program the ColoradoDecember 15, 2017PAB Preserved in Tax Reform BillCongressional Republican leaders just released the final tax reform bill. We are very pleased to share that the bill retains both private activity tax-exempt bonds, including single-family (and MCCs) and multifamily Housing Bonds, and the Low IncomeDecember 13, 2017Tax Reform - Preserve PAB for Affordable Housing and Economic DevelopmentOver the past few weeks, House and Senate leaders have continued work on the pending Tax Reform legislation. We understand that conference committee members are actively negotiating the various provisions of the final bill, including PABs, and may be closDecember 8, 2017CHFA News - November/December 2017In this issue: • Help Preserve Private Activity Bonds • “Like It Forward” to Comfort Children in Need • Customers Celebrate Development Milestones • CHFA Supports Partners Around the State • Staff Volunteer at Hope House • Upcoming Events December 8, 2017Happy Holidays from CHFA Wishing you every happiness this holiday season and throughout the coming year.November 30, 2017Call To Action: Senate Floor Action on Tax Reform Starts TodayThe U.S. Senate began floor action on the Finance Committee-reported tax reform bill today. Senators will have 20 hours to debate the bill, followed by a series of amendments. We understand that among the amendments the Senate will consider is a Manager’s