Colorado Housing and Finance Authority (CHFA) has awarded $2,890,000 in Middle-income Housing Tax Credits (MIHTC) to Lumberyard Apartments in Aspen. MIHTC is a state Housing Tax Credit authorized by the Colorado General Assembly in 2024 and allocated by CHFA. The program is the first of its kind in the nation, supporting the development of affordable rental housing serving residents with middle incomes, earning between 80 percent and 120 percent…
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