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CHFA was proud to support Overlook at Uplands, a new construction project in Westminster, with a construction-to-permanent loan of $67,173,000.
CHFA is pleased to announce the application for the second round of 2024 Direct Effect Awards is now open.
This month, CHFA had the privelege of attending a showcase event for West Holden Place, a middle-income modular housing development in Denver’s Sun Valley neighborhood.
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.
The Senate is preparing to vote on a critical tax bill that would expand and enhance affordable housing tax credits and bonds. Among other provisions, the tax bill would:
CHFA is pleased to announce the promotion of Kristi Budish to director of community development. Budish has been a member of CHFA’s staff since 2010, most recently serving as manager of commercial operations and underwriting.
Earlier this month, CHFA had the privilege of taking part in grand opening celebrations for two developments supported by CHFA multifamily loans.
Join us for the 2024 Housing Colorado statewide outreach and engagement series.
This year’s beneficiary is NEWSED Community Development Corporation. NEWSED promotes community development to underserved populations in Colorado by providing navigation for housing services, nurturing small businesses, and promoting asset creation.
CHFA had the opportunity to take part in the grand opening of Lyons Valley Townhomes in April. Developed by Summit Housing Group, Lyons Valley Townhomes includes 40 affordable rental homes for households with incomes at 60 percent of Area Median Income (AMI) and below.
This week the Colorado General Assembly passed two key bills that will strengthen affordable housing investment in Colorado starting in 2024 and continuing through 2031.
Johnson has served as director of community development and a member of CHFA’s leadership team since 2010, and he has been with the organization since 1996.
Over the weekend, legislators worked diligently to continue their efforts in anticipation of the May 8, 2024 deadline for business.
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.