November 17, 2023


chfa announces 2023 round two housing tax credit awards

(DENVER) – Colorado Housing and Finance Authority (CHFA) is pleased to announce 10 developments will be awarded a reservation of federal and state Housing Tax Credits to support the new construction or preservation of 1,110 affordable rental units. These developments will seek to address various housing needs in Colorado, supporting individuals, families, households exiting homelessness, and older adults.

Developments awarded during this round will be located in Aurora, Colorado Springs, Denver, Fort Morgan, Longmont, Loveland, and Montrose.

The following developments are receiving federal 4 percent and state Housing Tax Credit award reservations from CHFA. Full descriptions may be viewed here and the award report may be viewed here.

901 Navajo Street, Denver
Developer: Mercy Housing Mountain Plains

Albion Affordable Apartments, Denver
Developer: Delwest Development Corporation

Ascent at Hover Crossing, Longmont
Developer: Pennrose LLC

Chrysalis Apartments, Denver
Developer: The Empowerment Program, Inc.

Denver Dry Goods, Denver
Developer: Perry Rose LLC

Edge III, Loveland
Developer: Loveland Housing Authority

Gateway Village, Fort Morgan
Developer: Rocky Mountain Communities

King’s Crossing, Aurora
Developer: Community Development Partners

Rendezvous, Montrose
Developer: Volunteers of America (VOA) National Services

Village at Homewood Point – Phase II, Colorado Springs
Developer: CS Pike Senior II L.P.