Low-Income Housing Tax Credits & Transit in Colorado, 2018

The 2018 Colorado Qualified Allocation Plan (QAP) encourages projects to be close to transportation and other developments or services that benefit the community.

The Colorado Housing Finance Agency’s 2018 Qualified Allocation Plan, lists its Guiding Principles for the selection of projects to receive an award of Federal and/or State Credits, including; to provide opportunities for affordable housing within a half-mile walk distance of public transportation such as bus, rail, and light rail

 

Project Location – 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

Other Items of Interest