md3d/Adobe Stock
md3d/Adobe Stock

The Colorado Housing and Finance Authority (CHFA) has reserved 9% low-income housing tax credits to 13 developments. One development also receive a reservation of 4% credits.

These communities will support 703 affordable rental housing units to serve various housing needs in Colorado, including supporting individuals and families who are transitioning out of homelessness, individuals with intellectual and developmental disabilities, older adults, and households with low and moderate incomes.

The total private-sector equity investment estimated to be generated from the federal tax credits awarded exceeds $158.9 million, said CHFA officials.

The developments receiving housing credits are:

  • Annex in Boulder (Developer: Grace Commons Church);
  • Aster Place in Battlement Mesa (Developer: Lincoln Avenue Communities);
  • Beeler Park Flats in Denver (Developer: Mile High Development;
  • Current in Grand Junction (Developer: Grand Junction Housing Authority);
  • Grove at Cottonwood in Broomfield (Developers: Blueline Development Group and Broomfield Housing Alliance);
  • Iliff Senior Apartments in Denver (Developer: MGL Partners);
  • Kappa Tower III in Denver (Developer: Kappa Housing);
  • Montview Flats in Littleton (Developer: South Metro Housing Options);
  • Range View in Saguache (Developer: Northwest Real Estate Development Capital Corp.);
  • Residences at Delta II in Delta (Developer: TWG Development);
  • Sanctuary on Potomac in Aurora (Developer: Aurora Housing Authority);
  • Sunrise at Shiloh Mesa in Colorado Springs (Developer: Greccio Housing); and
  • Viña Senior Residences in Denver (Developer: CV Colorado).

Read descriptions of the developers here.