“In one of the earlier votes of the night, the council approved a resolution for the city to issue tax exempt bonds to fund the affordable rental housing project known as Trinity Apartments. The project will be financed with the bonds and the use of 4% low-income housing tax credits. The use of tax … [Read more…]
“Loveland’s City Council will have the opportunity Tuesday to donate land and lock in fees for the proposed St. Valentine Apartments project across the street from the Police and Courts Building. Archdiocesan Housing, which is a ministry of Catholic Charities of Denver, and BlueLine Development are asking the city to help offset the cost … [Read more…]
“Missoula City Council members are moving forward with two new affordable housing complexes dubbed the Trinity Project. The complex will be split between two properties, one on Cooley Street, the other on Mullan Road next to the detention center. Trinity Cooley will have 72 homes for families, with four buildings that include row houses … [Read more…]
“With the rental apartment vacancy rate at essentially zero percent in Missoula, local developers, nonprofits and government officials are working toward a groundbreaking next year on a large chunk of 202 new affordable housing units. Late last week, the Missoula County Commissioners voted unanimously to increase their donation of county land, from 4 acres … [Read more…]
view the map PDF Colorado Housing and Finance Authority Low Income Housing Tax Credit map 21 September 2020.
“” view the Site Plan PDF submitted to Colorado Housing and Finance Authority for funding Blueline Devlopment, Inc and Shopworks Architecture submission to Colorado Housing and Finance Authority for funding of Charity House Apartments, LLLP as obtained through Freedom of Information Act to CHFA June 2020.
“1. Describe the bond financing structure and include the following: a. Total amount of bonds with a breakout of construcNon period bonds vs. permanent bonds. Charity’s House is requesting $6.5 Million in total bonding capacity. This amount will be bought down to $4,596,000 at conversion to perm. b. Bond issuer (please specify whether you … [Read more…]
“Charity’s House uses a Housing First Model as well as Harm Reduction and Trauma- informed approaches in its Permanent Supportive Housing (PSH) Development. Housing First embraces the idea that people participating in a PSH program should be given housing even if they are struggling with issues of chemical dependency, mental illness and/or other barriers … [Read more…]
“Area residents participated in virtual meetings this week regarding a proposed 54-unit supportive housing development planned for a vacant plot northeast of the Loveland Police and Courts Building. Archdiocesan Housing, a ministry of Catholic Charities of Denver, arranged the meetings and will manage the project, which vice president of development Justin Raddatz hopes will … [Read more…]
“TOKYO, Japan – September 14, 2020 – ORIX Corporation (“ORIX”) announced today that Boston Financial Investment Management (“Boston Financial”), a wholly-owned subsidiary of ORIX Corporation USA (“OCU”), has entered into an agreement with Boston Capital (“Boston Capital”) to acquire Boston Capital’s low-income housing tax credit (“LIHTC”) fund portfolio. The closing of the transaction is … [Read more…]