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KRON KRON 4 Evening News May 1, 2014

It is high bid isnt a hot like this and services go very often. We hit 90s out there today. Tickle the current temperature lot of ladies and handful 90s. In San Francisco warm more than an antioch. And yet still pretty high and the operators are now 89 degrees in severance going to hit 91 little cooler than that now trade in the 80s that the coastline as well. We were even warmer than that near 90 in daly city earlier today. Down south bay were at 92 in sunnyvale 90 and san mateo all lot of upper 80s are out there right now. Witted break records some already appeared full record report. High temperatures, and on 515 in the afternoon. Foraker pour for you coming up a little bit later in the hour. We had back live high cloud coverage behind me. Selling picture earlier and we have so high close earlier we have that helping provide little relief as we head into tomorrow careful report a little later in the hour. High temperatures have ....

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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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