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Multifamily Lending eNews Archive
Applications for CHFA’s Direct Effect Awards are due today, April 26th, by 11:59pm MT.
In late March, CHFA was proud to provide permanent loans to two new multifamily communities in Denver and Lakewood.
CHFA is asking our community to reach out to members of Colorado’s House Appropriations Committee today to urge their support for HB24-1434 that expands and strengthens the state Affordable Housing Tax Credit (AHTC).
Passage of HB24-1434 is critical to ensuring Colorado continues its existing momentum and does not move backwards as gap funds availability face increasing pressure and development costs continue to rise.
CHFA is pleased to report that HB24-1434, which proposes to expand and strengthen the state affordable housing tax credit (AHTC), passed out of the House Finance Committee on Thursday unanimously with bipartisan support!
HB24-1434 proposes to increase CHFA’s existing $10 million in state AHTC allocation authority by: $20 million in 2024-2026; $16 million in 2027-2029; and $10 million in 2030-2031.
Direct Effect Awards are an opportunity for CHFA to recognize and support Colorado nonprofits whose missions align with our work to strengthen Colorado by investing in affordable housing and community development.
Mineral Point hosted its groundbreaking ceremony on March 5th in Crested Butte. Developed by TWG Development, Mineral Point will include 34 units serving individuals and families with incomes between 30 to 60 percent of Area Median Income (AMI).
In the report, learn how CHFA invested $2.7 billion to support affordable housing and community development in 2023. Highlights include how CHFA increased community engagement, strengthened programs, surpassed several organizational records, and was proud to assist Coloradans by:
Bentley Commons hosted a groundbreaking celebration on January 30th, and Terry Barnard, CHFA’s Community Development Lending Manager, took part in the event.
CHFA is pleased to announce the dates for its 2024 Direct Effect Awards. Direct Effect Awards are an opportunity for CHFA to recognize and support Colorado nonprofits whose missions align with our work to strengthen Colorado by investing in affordable housing and community development.
CHFA is pleased to report that the 2024 Tax Bill—which includes provisions to expand and enhance the affordable housing tax credit—passed the House last night with strong bipartisan support! Thank you to all who reached out to your members of Congress.
Congress is preparing to vote on a critical tax bill that would expand and enhance affordable housing tax credits, the most successful affordable housing program nationwide. The “Tax Relief for American Families and Workers Act of 2024” is a bipartisan, bicameral effort that among other provisions proposes to:
CHFA is happy to share that the latest version of Congress’ proposed 2024 tax bill includes provisions for expanding and enhancing the federal Affordable Housing Tax Credit. The bill passed through the House Ways and Means Committee on Friday with a strong bipartisan vote of 40-3.
In 2023, CHFA Multifamily Lending was honored to strengthen Colorado by providing safe and decent housing for our fellow Coloradans—and we couldn’t have done it without you.
Congress is continuing tax bill negotiations in the new year and racing towards a resolution before a January 19th funding deadline. Among these negotiations are crucial advancements to the Affordable Housing Tax Credit that would expand and strengthen the nation’s most important tool for developing and preserving affordable housing.
Wishing you every happiness this holiday season and throughout the coming year.
1876 Analytics is pleased to provide the Colorado Statewide Multifamily Rental Survey for Third Quarter 2023.
To all of our great customer partners who have trusted CHFA with their multifamily lending needs and to our industry partners, we send the warmest of holiday greetings!
CHFA is proud to announce its Round Two 2023 Direct Effect Award recipients. CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development.
CHFA is proud to announce the funds for the Capital Magnet Fund (CMF) program have been fully committed.
We are interested in your experiences using the CHFA website. We would like to invite you to participate in an anonymous survey to help us ensure that chfainfo.com is user-friendly, up-to-date, and meets your needs.
I just wanted to take a moment to let you know how great it was to connect with our customers and industry colleagues from around the country at the conference. Once again, the conference was well organized and engaging.
Applications for CHFA’s Direct Effect Awards are due today, September 29th, by 11:59pm MT.
CHFA recently welcomed David Foust to its Multifamily Originations team in Community Development. David will focus on leading the team’s work on the Proposition 123 Equity and Concessionary Debt programs that CHFA is administering on behalf of the Colorado Office of Economic Development and International Trade (OEDIT).