Fourteen developments have been selected to receive approximately $16.1 million in 9% low-income housing tax credits from the Colorado Housing and Finance Authority (CHFA).
The financing will support the construction of 940 affordable rental homes in Colorado, including the Denver metro area, northern and southern Front Range, mountain communities, and San Luis Valley.
In CHFA’s recent 2020 round one, CHFA received 29 applications seeking $35.5 million in housing credits.
The following developments were awarded federal housing credits by CHFA:
· 7900 E. Colfax PSH Apartments, Denver
Developer: Brothers Redevelopment, Inc.
· Atlantic Senior, Denver
Developer: Lexton McDermott
· The Apartments at Cinnamon Park, Longmont
Developer: Senior Housing Options
· The Commons, Colorado Springs
Developer: Homeward Pikes Peak
· Confluent Park Apartments, Salida
Developer: Commonwealth Development Corp.
· GreenHaus/Thrive, Denver
Developer: Denver Housing Authority
· The Iron Horse, Alamosa
Developer: Northwest Real Estate Capital Corp.
· Lamar Station Crossing Phase II, Lakewood
Developer: Metro West Housing Solutions
· McCain Apartments, Breckenridge
Developer: Gorman & Company
· Point Affordable Apartments, Aurora
Developer: Mile High Development
· Renaissance Legacy Lofts, Denver
Developer: Colorado Coalition for the Homeless
· RidgeGate Affordable Apartments, Lone Tree
Developer: Koelbel and Company
· Ridgway Space to Create, Ridgway
Developer: Artspace Projects, Inc.
· VOA Senior Residences, Fort Collins
Developer: Volunteers of America