Low-Income Housing Tax Credits & Sustainable Development in Colorado, 2018

The Colorado 2018 Qualified Allocation Plan (QAP) requires projects to meet criteria of the 2011 or 2015 Enterprise Green Communities. The QAP emphasizes conservation and energy efficiency as a priority when allocating tax credits.

All applicants must agree to meet the 2011 or 2015 Enterprise Green Communities (EGC) requirements to apply for credits. Applicants must complete the EGC Certification Workbook and score a minimum of 30 points for acquisition/rehabilitation projects and 35 for new construction projects, certifying that the project will meet or exceed the EGC requirements or the equivalent of those requirements for new construction or rehabilitation as applicable. Additional information, including a description of the equivalent requirements, can be found under Section 8 of the QAP.

Please note: CHFA will begin phasing out the acceptance of 2011 EGC criteria in 2019. Projects awarded prior to 2019 will be allowed to continue with 2011 EGC criteria through the final allocation process.

Projects must meet a minimum number of EGC Criteria from each of the following categories:

  • Integrated Design Process Sustainable building strategies are considered from the earliest stages of project planning, with an experienced green building design specialist participating at every stage;
  • Location and Neighborhood Fabric Locations that conserve resources, take advantage of existing infrastructure and civic amenities, are close to transportation, and contribute to the fabric of healthy, livable communities;
  • Site Improvements Chosen to conserve natural resources, improve operational efficiencies, enhance health, and promote public or nonautomotive means of transit;
  • Water Conservation Utilization of water-efficient appliances and fixtures, low-water landscaping and irrigation, and gray water (water recaptured and recycled from showers, sinks, and clothes washers) when possible;
  • Energy Efficiency A guiding principle in all stages of development, including efficient construction methods, design, and insulation of units for efficient heating and cooling; use of ENERGY STARTM appliances; and efficient interior and exterior lighting;
  • Materials Beneficial to the Environment Including reuse and recycling on the construction site to decrease waste, and use of building products and techniques that contribute to more durable, healthy, and resource-efficient buildings;
  • Healthy Living Environment Including the use of safe biodegradable materials such as Low-/No-VOC paints and primers, adhesives, and sealants; use of materials and construction techniques to reduce mold and ensure adequate ventilation; garage isolation; and
  • Operations and Maintenance Training for employees and residents to explain and assist in the preservation of the property’s green character.

 

Sustainable Communities – 5 points

Five points may be earned for proposed projects to be located in a community that has an identified community housing priority (e.g., supports a local, regional, or state plan; a neighborhood plan or some other community-sponsored need assessment; master plan; etc.) or to be located at an existing or planned TOD site*. Applicant must provide evidence, clearly demonstrating the project fits into the community’s need (Choose only one).

* A TOD site is defined as that which is within a half-mile walk distance of public transportation, such as bus, rail, and light rail.

Contributed By: 
National Housing Trust

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