Low Income Housing Tax Credit (LIHTC)
Rose Mountain Townhome Project
Pagosa Springs, Colorado, October 7, 2019 — The Archuleta County Housing Authority (ACHA) announced today the approval by the Colorado Housing and Finance Administration (CHAFA) of the Authority’s application for tax credit financing for 34 units of affordable housing in Pagosa Springs.
The housing is to be constructed at a site on Hot Springs Boulevard, on land made available by Archuleta County. The financing approved will be under the federal Low Income Housing Tax Credit program (LIHTC), which CHAFA administers throughout the State of Colorado.
Clifford Lucero, Vice President of the ACHA Board of Directors, thanked the Archuleta County Commissioners for their vision and commitment to the future of the community in making the Hot Springs Boulevard site available for construction of the housing, and the Town of Pagosa Springs for its multi-faceted role in supporting and approving the project. Click Here to Read the Full Press Release.