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| May 30, 2023 | |||||
2023 round one housing tax credit awardsCHFA has completed its first Housing Tax Credit award round of 2023. Twenty-six applications were received seeking a total of $36,175,286 million in federal 9 percent credit. CHFA is awarding $16,844,337 million in federal 9 percent credit to 12 developments, which will support the new construction of 605 affordable rental housing units. The total private sector equity estimated to be raised by the federal 9 percent credits awarded in Round One exceeds $149.9 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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