Twelve developments have been reserved federal and state housing tax credits in Colorado.
The financing, which will generate an estimated $207.4 million in private-sector equity, will support the construction or preservation of 679 affordable units across the state.
The Colorado Housing and Finance Authority noted that seven developments also received Transit-Oriented Communities credits, a new program that supports affordable rental housing near transit.
The developments receiving housing credit reservations in this year’s round one are:
- 101 Main in Frisco by The NHP Foundation;
- Arapahoe PSH in Aurora by Brothers Redevelopment;
- Blossom Commons in Westminster by Volker Housing Partners;
- Ives II in Wheat Ridge by Foothills Regional Housing;
- Kite Route Crossing in Superior by Pennrose;
- Marq in Trinidad by Commonwealth Development Corporation of America;
- Park Avenue Apartments in Denver by Colorado Coalition for the Homeless;
- Ravenfield in Brighton by Brighton Housing Authority;
- Rita Bass Apartments in Denver by Evergreen Real Estate Group;
- Switchgrass Crossing in Fort Collins by Volunteers of America National Services;
- Tapestry LIHTC in Denver by Gorman & Co.; and
- Tierra Azul in Alamosa by Community Resources and Housing Development Corp.
Read more about the developments here.
