Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
State income tax credits for developers and investors financing affordable rental housing in Colorado, complementing federal LIHTC to close financing gaps for housing serving households at or below 60% AMI.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Project must receive federal LIHTC allocation from CHFA
2.Units must be affordable to households at or below 60% Area Median Income
3.State credit: 9% or 4% of qualified basis depending on project type
4.Applied for in conjunction with federal LIHTC application through CHFA
5.30-year extended use agreement required
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).