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Colorado Housing Finance Agency Announces End to LIHTC Application Period

Friday, September 3, 2004 - 1:45AM

The Colorado Housing Finance Agency (CHFA) announced that effective immediately and until further notice, the agency can no longer accept applications for the competitive 9 percent low-income housing tax credits (LIHTCs) in 2004. CHFA explained that even though the state's official cap of annual 9 percent LIHTCs is $8,191,238 for 2004, the agency was able to reserve a total of $11,000,000 in annual credit in 2004. However, CHFA has already received applications exceeding the $11,000,000 limit on reservations and cannot accept additional requests for LIHTCs in 2004.

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