chfa announces 2025 round two housing tax credit awards

(DENVER) – Colorado Housing and Finance Authority (CHFA) is pleased to announce nine developments will be awarded a reservation of federal and state Housing Tax Credits to support the new construction of 840 affordable rental units. This includes awards of Transit-oriented Communities (TOC) credit to five developments. The TOC credit is a new state Housing Tax Credit that supports affordable rental housing development near transit. The total private sector equity estimated to be raised by the credit awarded during this round exceeds $209.5 million.

These developments will seek to address various housing needs in Colorado, supporting individuals, families, and persons experiencing homelessness. Developments awarded during this round will be located in Aurora, Denver, Fort Collins, Longmont, and Sterling.

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 80,000 affordable rental housing units in Colorado.

The following developments are receiving federal 4 percent and accelerated state Housing Tax Credit award reservations from CHFA. View full development descriptions and the award report on the CHFA website.

1001 Lincoln Street, Denver
Developers: Kentro Group and ComCap Ventures LLC

1139 Delaware Street, Denver
Developer: Sherman Associates Development LLC

Atwood Commons, Longmont
Developer: Brikwell

Central Park Station Phase I, Denver
Developer: Ulysses Development Group

Cole Train, Denver
Developer: Medici Development LLC

Crossbar Commons, Aurora
Developer: Mercy Housing Mountain Plains

Sugar Commons, Sterling
Developer: Völker Housing Partners, LLC

University Building Lofts, Denver
Developers: Mile High Development and BMC Investments

Village on Eastbrook, Fort Collins
Developer: Housing Catalyst

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