Colorado Housing and Finance Authority (CHFA) and the Department of Local Affairs Division of Housing (DOLA-DOH) announced the award of $7.2 million in federal Low Income Housing Tax Credits (LIHTC), $8.3 million in state LIHTC, and $24.7 million in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds, to support the construction of 1,035 new affordable rental units in areas most impacted by the 2013 floods. More than 14,500 homes were damaged in Boulder, Larimer and Weld Counties, displacing thousands of Coloradans. More than 950 people still seek a permanent housing solution. Nine developments were selected and are estimated to generate $450 million in economic impact, and support more than 2,000 temporary and 350 permanent jobs. Each will give priority to households displaced by the floods. To learn more visit: http://www.chfainfo.com/arh/lihtc or http://dola.colorado.gov/cdbg-dr/.
CHFA is offering a series of LIHTC classes:
- 17.15, Montrose – Low Income Housing Tax Credit Compliance
- 07.15, webinar – Basic Tax Credit Webinar
- 15.15, Loveland – Low Income Housing Tax Credit Compliance
- 25.15, Grand Junction – Low Income Housing Tax Credit Compliance
- 17.15, Denver – Foundations of LIHTC
- 22.15, Pueblo – Low Income Housing Tax Credit Compliance
- 07.15, webinar – Basic Tax Credit Webinar
- 17.15, Denver – Low Income Housing Tax Credit Compliance
- 8.15, Denver – Low Income Housing Tax Credit Compliance
All LIHTC classes are open for registration. Please note that the prerequisite for “Low Income Housing Tax Credit Compliance” is either one year of tax credit experience, or completion of an introductory class such as the “Basic Tax Credit” webinar or “Foundations of LIHTC” class. To register for a class, click here.
