chfa announces 2026 round one housing tax credit awards

(DENVER) – Colorado Housing and Finance Authority (CHFA) is pleased to announce 14 developments have been awarded a reservation of federal and state Housing Tax Credits to support the construction or preservation of 634 affordable rental housing units in Colorado. This includes awards of Transit-oriented Communities (TOC) credit, a state credit supporting affordable rental housing development near transit, to five of these developments. The total private sector equity estimated to be raised by the credit awarded during this round exceeds $219 million.

Developments awarded will seek to address various housing needs in Colorado, supporting households with low and moderate incomes, individuals and families transitioning out of homelessness, individuals with intellectual and developmental disabilities (I/DD), and older adults. Developments supported will be located in Aurora, Cañon City, Clifton, Colorado Springs, Denver, Divide, Fort Lupton, Lafayette, Manitou Springs, Montrose, and Towaoc.

Since the program was created in 1986, CHFA has served as the allocating agency for Housing Tax Credits in Colorado. Tax credits are the most widely used tool for financing affordable rental housing in the nation. Since its inception, the program has helped build or preserve more than 83,500 affordable rental housing units in Colorado.

The following is a list of the developments receiving award reservations. View full development descriptions and the award report on the CHFA website.

123 Manitou, Manitou Springs
Co-developers: Paragon Development, Inc. and TWG Development

Barth Hotel, Denver
Developer: Eaton Senior Communities, Inc.

Cedar Creek Commons, Montrose
Developer: RealAmerica Development, LLC

Commons at Mosaic, Denver
Developer: Archway Investment Corporation

Crawford Commons, Clifton
Developer: Housing Resources of Western Colorado

Crossroads at Divide, Divide
Co-developers: AmericaWest Housing Solutions and Riverstone Platform Partners

GardenWalk of Cañon City
Developer: Belmont Development Company, LLC

Grove at Pinewood, Aurora
Developer: Ulysses Development Group

Metro Center Apartments, Aurora
Developer: BMC Investments

Montbello Townhomes, Denver
Developer: Delwest Development Corporation

Silver Key Apartments at North Weber, Colorado Springs
Developer: Silver Key Senior Services, Inc.

Ute Mountain Homes I, Towaoc
Developer: Ute Mountain Ute Tribe

Wildflower Flats, Fort Lupton
Developer: McDermott Properties, LLC

Willoughby Corner Phase 2, Lafayette
Developer: Boulder County Housing Authority (BCHA)

###