chfa news

​November 12, 2020

CHFA Announces 2020 Round Two Housing Tax Credit Awards


Megan Herrera​

(DENVER) – Colorado Housing and Finance Authority (CHFA) is pleased to announce 12 developments will be awarded a reservation of state Affordable Housing Tax Credits (AHTC) and federal 4 percent Low Income Housing Tax Credits (LIHTC) to support the construction or preservation of 994 affordable apartments. The developments supported will seek to serve a broad range of Coloradans in need including, veterans, formerly homeless individuals and families, and youth aging out of foster care. 

CHFA received 24 applications for state and federal housing tax credits in its second competitive allocation round of the year. Those applications to be awarded credit will support developments located in Arvada, Aurora, Colorado Springs, Denver, Fort Collins, Littleton, Steamboat Springs, and Thornton. 

The following developments are receiving state and federal housing tax credit award reservations by CHFA. Full descriptions may be viewed here and the award report may be viewed here .

8315 E. Colfax Family Affordable & Early Childhood Education (ECE), Denver
Developer: Mercy Housing Mountain Plains

Allison Village, Arvada
Developer: Foothills Regional Housing (aka Jefferson County Housing Authority)

Anglers Four Hundred, Steamboat Springs
Developer: Overland Property Group and Yampa Valley Housing Authority

Clara Brown Commons, Denver
Developer: Mile High Ministries

Crossing Pointe South, Thornton
Developer: Maiker Housing Partners (aka Housing Authority of Adams County)

Fitzsimons Veterans Independent Living, Aurora
Developer: Aurora Housing Authority

Garden Apartments, Colorado Springs
Developer: Western Region Nonprofit Housing Corporation

Highland Trails, Littleton
Developer: Four Corners Development

Montbello FreshLo Hub, Denver
Developer: Montbello Organizing Committee

Oak140, Fort Collins
Developer: Housing Catalyst

Rhonda’s Place, Denver
Developer: REDI Corporation

Village at Solid Rock, Colorado Springs
Developer: Commonwealth Development Corporation and Solid Rock CDC

To date in 2020, CHFA has supported the development or preservation of 2,958 affordable apartments in 37 developments across Colorado with state or federal affordable housing tax credits.