CHFA LIHTC eNews Sign up for Tax Credit eNews Sign up for the LIHTC eNews to stay informed on industry trends, allocations, and other pertinent information. August 3, 2018Schedule for 2019 LIHTC Competitive Rounds Based on the feedback we received in the recent “CHFA 2019 LIHTC Application Rounds Survey”, CHFA will maintain the current order of LIHTC competitive rounds in 2019. Thank you to all respondents - the survey feedback was very helpful in identifying theJuly 20, 2018LIHTC: Implementing The New Income Averaging Provision in ColoradoOn March 23 2018, President Trump signed into law the FY 2018 Omnibus legislation, which included a provision allowing income averaging in LIHTC-supported properties. Since this law was passed, several national and local experts have been working diligentJuly 18, 2018CHFA Considering New Dates for State and 9% LIHTC rounds for 2019For those of you who are impacted by CHFA’s competitive LIHTC rounds, we invite you to take this very brief survey to provide input on CHFA’s potential changes to the dates of the rounds in 2019.June 21, 2018CHFA Announcement of Public Hearings: 2019 Low Income Housing Tax Credit Qualified Allocation Plan CHFA will hold four public hearings in Colorado in order to receive input on the Qualified Allocation Plan (QAP) for the LIHTC program and to discuss proposed changes to the QAP for the upcoming year. • Thursday, September 27, 2018 10:00am to Noon GlenMay 7, 20182018 LIHTC Application V.2The 2018 LIHTC application V.2 is now available on the website. Older versions of the application will no longer be accepted. The recorded application webinars can be viewed here. For questions regarding the application, please contact April 17, 20182018 LIHTC Round One AwardsCHFA is pleased to announce the Low Income Housing Tax Credit (LIHTC) awards for the first allocation round of 2018. CHFA is the allocating agency of federal and state LIHTC in Colorado. In this round, nine applications were received, requesting $5,720,2February 27, 2018Mike Pacheco RetiresAfter a noteworthy career in housing and finance, Senior Tax Credit Officer Mike Pacheco is retiring on February 28. In his 13 years at CHFA, Mike has made many friends and memories. Mike’s role in ensuring that CHFA awarded Low Income Housing Tax CrediJanuary 17, 20182018 LIHTC QAP and Round 1 Letters of IntentThe 2018 QAP was approved by the Governor of Colorado on December 22, 2017, and is now available on the CHFA website. The 2018 Round 1 Letters of Intent report is also now available. December 27, 20172018 lihtc applicationThe brand new 2018 LIHTC application will be available on the website on January 2, 2018. Older versions of the application will no longer be accepted. The recorded application webinar can be viewed here. For questions regarding the application,November 17, 20172018 LIHTC QAP - Second Draft The second draft of the 2018 QAP is now available on the CHFA website. • 2018 QAP - Second Draft November 14, 2017FAQ Released in Follow Up to PAB Notices Published In response to the House Republican Tax Cuts and Jobs Act H.R. 1 released on November 2, 2017, CHFA has published information to assist multifamily transactions that may fall into one of the following three categories: i. conduit transactions utilizing nNovember 13, 2017Update: Important Private Activity Bond Information CallAs we have shared, the Tax Cuts and Jobs Act, H.R. 1, proposes to eliminate the tax-exemption on all Private Activity Bonds (PABs) including single family, multifamily housing, industrial development, and 501 c3 bonds effective December 31, 2017. As curreNovember 10, 2017Important Private Activity Bond Information CallAs we have shared over the past week, the Tax Cuts and Jobs Act, H.R. 1, proposes to eliminate the tax-exemption on all Private Activity Bonds (PABs) including single family, multifamily housing, industrial development, and 501 c3 bonds effective DecemberOctober 30, 2017affordable housing credit improvement act call to actionAs members of Colorado’s affordable housing community, we urge you to contact the Colorado Congressional Delegation and seek their support and co-sponsorship of the Affordable Housing Credit Improvement Act (H.R. 1661 and S. 548) to strengthen and secure October 6, 2017bbc cost study overview In 2016 Colorado Housing and Finance Authority (CHFA) retained BBC Research and Consulting to help identify trends and factors influencing the costs of building and renovating affordable multifamily rental housing in Colorado. Development cost escalatioOctober 3, 20172018 lihtc qap - first draft now available2018 LIHTC QAP - First Draft The first draft of the 2018 QAP is now available on the CHFA website. • 2018 QAP - First Draft 2018 LIHTC QAP Public Hearings CHFA will hold four public hearings, scheduled around the state for input on the 2018 Qualified September 15, 20172017 lihtc round two awards2017 lihtc round two awardsSeptember 6, 20172018 lihtc qap public hearingsCHFA will hold four public hearings, scheduled around the state, for input on the 2018 Qualified Allocation Plan (QAP) for the LIHTC program and to discuss proposed changes. Click here for additional LIHTC events and deadlines. • Thursday, October 19, June 27, 20172017 lihtc round two (9 percent competitive) applicant report and narrativesThe 2017 Round Two Applicant Report and Application Narratives are available on the CHFA website. May 15, 2017last opportunity to registerSeats are still available for CHFA’s Housing Credit Summit, but registration for the event will close at noon on Thursday, May 18.
