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Highly-affordable development for older adults might be coming to Glenwood Springs

Glenwood Springs will be seeing highly-affordable housing for people over the age of 55, if everything goes well. The Colorado Housing Finance Authority (CHFA) awarded Glenwood Springs a roughly $1.4 million credit to build the. ....

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12 Colorado housing projects awarded federal tax credits

Two Denver projects made the list, along with one in each Lakewood and Boulder. ....

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13 housing projects in Colorado awarded federal 9 percent tax credits

13 housing projects in Colorado awarded federal 9 percent tax credits
Thomas Gounley photo)
Thirteen planned income-restricted housing projects in the state have been awarded federal 9 percent low-income housing tax credits.
The Colorado Housing and Finance Authority (CHFA), which allocates both state and federal housing tax credits in Colorado, released a list this week of the projects. Combined, they will have 882 income-restricted units.
There are two types of federal housing tax credits: 9 percent and 4 percent. The 13 projects were chosen from 25 applications that CHFA received for the 9 percent credits this year.
Developers sell the tax credits to investors to raise equity for their projects, according to CHFA. The equity reduces the amount of debt financing or other funding sources needed to make the development financially feasible with the rent limits required under the programs. ....

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Management asking residents of Denver apartment to lower temperature to help owner save money

Management asking residents of Denver apartment to lower temperature to help owner save money
KMGH
and last updated 2021-02-13 20:03:46-05
DENVER â The management group of a south Denver subsidized apartment building is asking its residents to consider lowering their temperature this weekend in order to help the building s owner save some money.
Dear Residents:
We hope you are staying warm during these frigid temperatures.
The country is experiencing frozen oil wells which are increasing the cost of gas at our properties.
Our owner is requesting that you consider lowering your thermostat by 4 degrees to help us mitigate these increased costs over the next 4 days. ....

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