Thirteen developments have been awarded a reservation of federal low-income housing tax credits by the Colorado Housing and Finance Authority (CHFA).

md3d/Adobe Stock
md3d/Adobe Stock

The housing credits will support the construction of 882 affordable apartments across the state in Arvada, Broomfield, Commerce City, Lakewood, Delta, Denver, Fort Lupton, Littleton, Loveland, Pueblo, and Sterling.CHFA received 25 applications for federal 9% credits in its first allocation round of the year.

The developments receiving reservations include the 50-unit Deer Run Apartments in Sterling by Four Corners Development. The $1.35 million award will help the organization build the first new construction project supported with housing credits in Sterling and Logan County in nearly 30 years.

Foothills Center for Mental Health received a $1.35 million housing credit reservation to develop the 40-unit Solid Ground Apartments for formerly homeless individuals. It will be the first entirely supportive housing project in Jefferson County.

A list of all the developments receiving credits in the first round can be viewed here.