The Colorado Housing Finance Agency issued a request for proposals (RFP) to conduct a comprehensive study of the cost to develop Low-Income Housing Tax Credit housing. Applications are due by March 18 at 4:00pm MTN.
Colorado Housing Finance Authority announced that it will reduce the mortgage insurance premium for multifamily loans using the CHFA 542(c) Risk Share 50/50 program to 12.5 basis points, from 25 basis points.
CHFA’s FHA Risk Share program provides competitive fixed rate, permanent financing with up to 40-year terms.
In 2016, Colorado Housing Finance Agency will join together with a broad coalition of business and community partners to ask the Colorado General Assembly to extend the State Low Income Housing Tax Credit (LIHTC) program through 2019.
Colorado announced that Post Year 15 monitoring fees will be $25 per tax credit including employee units (not to exceed $2,500 maximum). CHFA also announced that for developments with LIHTC and/or loans through CHFA, managers will not be required to add an increased amount of SS, SSDI, or SSI to Tenant Income Certifications (TICs) effective in 2016.
CHFA is requesting information from potential applicants of the State Credit for 2016.
CHFA is requesting information from potential applicants of the State Credit for 2016.
The first draft of CHFA’s 2016 Qualified Allocation Plan (QAP) is now available. The primary change for the first draft includes the following proposals: CHFA will hold two application rounds in 2016: one for all State Credit applications, (including those for the disaster recovery areas), and one for 9 percent Federal Credits: Round One: State […]
CHFA will hold four public hearings in Colorado in order to receive input on the Qualified Allocation Plan (QAP) for the LIHTC program and to discuss proposed changes to the QAP for the upcoming year. Tuesday, September 29: Loveland – 9:00am to 10:00am, Loveland Housing Authority , 375 West 37th Street, Suite 200, Thursday, October […]
CHFA recently announced that it has completed the third and final Low Income Housing Tax Credit (LIHTC) allocation round of 2015. In Round Three, 31 applications were received seeking nearly $28 million in housing credit. CHFA is awarding allocations to 14 developments, with a total amount of $12,942,141 in credit reserved. These 14 developments will […]
Colorado Housing and Finance Authority (CHFA) is pleased to announce that it has completed the third and final Low Income Housing Tax Credit (LIHTC) allocation round of 2015. In Round Three, 31 applications were received seeking nearly $28 million in housing credit combined.
The Round Three (9%) Applicant Report And Application Narratives are now available on the Colorado Housing Finance Authority website.