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| November 16, 2022 | |||||
2022 round two housing tax credit awardsCHFA has completed its second allocation round of 2022. Eighteen applications were received seeking a total of $16.8 million in state credit and $36.8 million in federal 4 percent credit. CHFA is awarding $11.9 million in state housing credit and $26.6 federal 4 percent credit to 13 developments, which will support the construction of 1,463 total units and 1,462 affordable rental housing units. The total private sector equity estimated to be raised by the state and federal 4 percent credits awarded in Round Two exceeds $291.5 million. Full descriptions may be viewed here and the award report may be viewed here. For more information about the Housing Tax Credit program, please contact Kathryn Grosscup, Manager, Housing Tax Credit, 303.297.7368. |
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