chfa announces 2021 round one housing tax credit awards

(DENVER) - Colorado Housing and Finance Authority (CHFA) is pleased to announce 13 developments will be awarded a reservation of federal Housing Tax Credits to support the new construction of 882 affordable apartments. These developments will seek to address various housing needs in Colorado, including those of veterans, formerly homeless individuals and families, and older adults.

CHFA received 25 applications for federal 9 percent Housing Tax Credits in its first allocation round of the year. Those applications to be awarded credit will support developments located in Arvada, Broomfield, Commerce City, Lakewood, Delta, Denver, Fort Lupton, Littleton, Loveland, Pueblo, and Sterling.

The following developments are receiving federal 9 percent Housing Credit award reservations by CHFA. Full descriptions may be viewed here and the award report may be viewed here.

2275 Wadsworth, Lakewood
Developer: Archway Investment Corporation

Central Park II, Denver
Developer: Northeast Denver Housing Center, Inc.

Crawford Townhomes, Pueblo
Developer: The Housing Authority of the City of Pueblo

Deer Run Apartments, Sterling
Developer: Four Corners Development

Greyhound Park Empowerment, Commerce City
Developer: DelWest Financial Corporation

Joli / Sol, Denver
Developer: Denver Housing Authority*

Northwest Apartments, Broomfield
Developer: High Ridge Costa Development

Powers and Elati, Littleton
Developer: South Metro Housing Options

Residences at Delta, Delta
Developer: TWG Development

Solid Ground Apartments, Lakewood
Developer: Jefferson Center for Mental Health

St. Valentine Apartments, Loveland
Developer: Archdiocesan Housing Inc.

Vance Street Flats, Arvada
Developer: Medici Development LLC

Vincent Village, Fort Lupton
Developer: Michaels Development Company

*Awarded both federal 9 percent and 4 percent Housing Credits. Please see project description for more information.

###