Sign Up For Novogradac Industry Alert Emails

Colorado Housing Agency Sets State Affordable Rental Housing Record

Tuesday, January 16, 2018 - 10:15AM

The Colorado Housing Finance Authority (CHFA) set a state record in 2017 for development of affordable rental housing, the agency said today. CHFA awarded $53.2 million in state and federal low-income housing tax credits (LIHTCs) in 2017 to support the construction or preservation of 4,397 apartments of affordable housing–the largest number of rental homes supported by LIHTC in any single year since CHFA was founded in 1973. The agency invested $363.3 million in multifamily financing, boosting the number of rental units with either CHFA loans or LIHTC financing to 6,217.

Learn more about Novogradac's expertise and many services