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CHFA Housing Tax Credit eNews Archive
This workshop creates space for a limited number of participants to put pen to paper and develop the first draft of their pet policy prototype. Facilitators will guide participants through exercises to help craft the headings and bullets for a pet policy informed by local laws and resources.
Join us for the 2024 Housing Colorado statewide outreach and engagement series.
The draft 2025-2026 Housing Tax Credit Qualified Allocation Plan (QAP) and a summary of changes are now available on CHFA’s website. To seek input on proposed changes to the QAP, CHFA will hold three public hearings.
This year’s beneficiary is NEWSED Community Development Corporation. NEWSED promotes community development to underserved populations in Colorado by providing navigation for housing services, nurturing small businesses, and promoting asset creation.
The Round Two Letter of Intent (LOI) report is now available on CHFA’s website. The report lists affordable housing developments and their sponsors who intend to apply for federal 4 percent and state Housing Tax Credits in Round Two.
The 2024 Housing Tax Credit Application (2024 v6.2) is now available on the website. Older versions of the application will no longer be accepted.
The amended 2023-2024 Qualified Allocation Plan (QAP) is now available on CHFA’s website. The amendments address the implementation of increased state Affordable Housing Tax Credits authorized by recently passed legislation, HB24-1434, signed into law by Governor Polis on May 30, 2024.
CHFA has completed its first allocation round of 2024. Twenty-three applications were received seeking a total of $32,650,666 million in federal 9 percent credit. CHFA is conditionally awarding $18,272,881 million in federal 9 percent credit to 13 developments as well as $1,840,510 in federal 4 percent credit to support a paired development.
Nonprofits, states, tribal governments, local governments, and others can take advantage of tax credits through either direct pay or a transfer of credit. Are the Investment Tax Credit or Production Tax Credit available to you?
A draft of the amended 2023-2024 Qualified Allocation Plan (QAP) is now available on CHFA’s website. The amendment addresses the implementation of increased state Affordable Housing Tax Credits authorized by recently passed legislation, HB24-1434.
The new accelerated state Affordable Housing Tax Credits authorized in HB24-1434 provide Colorado’s affordable housing community with necessary and critical resources available for deployment in 2024.
This week the Colorado General Assembly passed two key bills that will strengthen affordable housing investment in Colorado starting in 2024 and continuing through 2031.
Johnson has served as director of community development and a member of CHFA’s leadership team since 2010, and he has been with the organization since 1996.
Over the weekend, legislators worked diligently to continue their efforts in anticipation of the May 8, 2024 deadline for business.
Applications for CHFA’s Direct Effect Awards are due today, April 26th, by 11:59pm MT.
CHFA is asking our community to reach out to members of Colorado’s House Appropriations Committee today to urge their support for HB24-1434 that expands and strengthens the state Affordable Housing Tax Credit (AHTC).
Passage of HB24-1434 is critical to ensuring Colorado continues its existing momentum and does not move backwards as gap funds availability face increasing pressure and development costs continue to rise.
On May 2nd, the Division of Housing, CHFA, Sherman & Howard, and Kutak Rock are offering an informative webinar for all local officials, developers, and others who want to learn how Private Activity Bonds can be leveraged to build housing in Colorado.
CHFA is pleased to report that HB24-1434, which proposes to expand and strengthen the state affordable housing tax credit (AHTC), passed out of the House Finance Committee on Thursday unanimously with bipartisan support!
HB24-1434 proposes to increase CHFA’s existing $10 million in state AHTC allocation authority by: $20 million in 2024-2026; $16 million in 2027-2029; and $10 million in 2030-2031.