“Consider it a blast from the past. A little-known nonprofit organization that built the Hunter Longhouse affordable-housing project in Aspen 40 years ago just completed its next project in Carbondale. Aspen Pitkin Employee Housing Inc. will provide relief for 30 lucky households this month with its Red Hill Lofts affordable housing project. “We’re really … [Read more…]
view the map PDF Colorado Housing and Finance Authority Low Income Housing Tax Credit map 21 September 2020.
“For the purpose of this budget, staffing for both Charity’s House and the Mental Health Center of Denver have been included. A 15-year budget has been developed, taking into consideration sources that are guaranteed (cash flow and developer’s fee/PSH 5% boost) but knowing that reimbursable costs to Medicaid will fluctuate based on clients’ engagement … [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…]
Charity House Apartments, LLLP Service Plan PDF Low Income Housing Tax Credit Narrative PDF Resident Selection Plan PDF Final Drawings submitted to Colorado Housing and Finance Authority for funding PDF City Comments on Concept Review January 9, 2019 PDF Charity House Ownership Structure PDF Colorado Housing and Finance … [Read more…]
“The 1930s-era map on a gallery wall does not quite match up with A.D. Lewis’ own memories of Denver. He peers closely, his hand holding a pin hovering. Then he pushes the pin at a spot on the map where he once owned a house, and steps back. “This is like 40 years of … [Read more…]
“The Low Income Housing Tax Credit Program Compliance Manual (“manual”) is a reference guide for compliance with the Land Use Restriction Agreement (LURA) and Section 42 of the Internal Revenue Code (the Code). It is designed to help answer questions regarding the procedures, rules, and regulations that govern LIHTC developments following allocation of tax … [Read more…]
“A property run by the housing authority in a small city in northeastern Colorado is now under the control of an executive with a Colorado Springs-based property management firm. A state judge on Wednesday appointed William J. Hybl, president and COO of Griffis/Blessing Inc., as a receiver overseeing an apartment complex run by Housing … [Read more…]
“Construction has begun on a unique 130-unit development that brings together affordable housing for families, permanent supportive housing for formerly homeless individuals, and a shelter for women and transgender individuals in Denver. Arroyo Village is a joint development by nonprofit organizations Rocky Mountain Communities and The Delores Project, which combined two of their existing … [Read more…]
“For Connally Cotton, bouncing around between friends’ houses had become an unsustainable way to live. He was looking at living on the street until he heard about some new affordable housing coming to Five Points. On Oct. 14, Cotton moved into his new studio apartment at 2300 Welton St. after hearing about the development … [Read more…]