low income housing tax credits affordable housing for coloradans When you’re developing an affordable housing project, Low Income Housing Tax Credits (LIHTCs) provide a significant source of equity. In fact, they’ve provided over $2 billion in equity for affordable rental housing in Colorado since the program began in Colorado. CHFA allocates these tax credits and administers the LIHTC program in accordance with its Qualified Allocation Plan (QAP). allocation updates LIHTC Dates and Deadlines 2019 QAP 2019 LIHTC Application 2019 Round 1 LOI Report