CHICAGO, IL - Chicago-based Evergreen Real Estate Group today announced it has received a 9% Low-Income Housing Tax Credit (LIHTC) award through the Colorado Housing and Finance Authority (CHFA) for the development of Rifle Apartments, a 60-unit income-restricted rental community in Rifle, Colo. Evergreen expects to break ground on the project in early 2024.
“Rifle Apartments builds on our current work here in Colorado, and although it took a great deal of time and perseverance to get to...