Ten developments have been selected to receive federal and state housing tax credit reservations in Colorado.

md3d/Adobe Stock
md3d/Adobe Stock

The Colorado Housing and Finance Authority (CHFA) announced that the second-round awards will support the construction or preservation of 1,110 affordable housing units in the state.

The developments receiving 4% federal and state credits are in Aurora, Colorado Springs, Denver, Fort Morgan, Longmont, Loveland, and Montrose.

CHFA received 35 applications seeking $86.3 million in federal 4% credits and $37.6 million in state credits. It awarded approximately $21.9 million in federal credits and $10.7 million in state credits.

The developments receiving tax credit reservations are:

· 901 Navajo Street in Denver from Mercy Housing Mountain Plains;

· Albion Affordable Apartments in Denver from Delwest Development Corp.;

· Ascent at Hover Crossing in Longmont from Pennrose;

· Chrysalis Apartments in Denver from The Empowerment Program;

· Denver Dry Goods in Denver from Perry Rose;

· Edge III in Loveland from Loveland Housing Authority;

· Gateway Village in Fort Morgan from Rocky Mountain Communities;

· King’s Crossing in Aurora from Community Development Partners;

· Rendezvous in Montrose from Volunteers of America National Services; and

· Village at Homewood Point—Phase II in Colorado Springs from CS Pike Senior II L.P.

Full descriptions may be viewed here, and the award report may be viewed here.