-Waitlists to Open February 14-16, 2023 at Two Deeply Affordable Communities-
-Housing Choice Voucher Lottery to Open Feb 28-Mar 1, 2023-

Close
Home
  • About
  • Current Residents
  • Landlords
    • Leasing to a Voucher Holder
  • Jobs
  • Bids/RFPs
  • Pay My Rent

Search form

  • Housing Options
    • Property List
    • Property Map
    • Bringing School Home
    • Public Housing
    • Section 8 Communities
    • Housing Choice Program (Section 8)
    • Boulder Affordable Rentals
    • Market Rate Rentals
  • Now Renting
  • Housing Development
    • Projects in Development
    • Completed Development Projects
    • Development Partnership Opportunities
      • Technical Assistance
      • Bank Qualified Debt
  • BHP Foundation
    • Closing the Opportunity Gap
    • Resident Grant Application
  • En Español
    • Resumen de Boulder Housing Partners
    • Noticias Sobre COVID-19
    • Disponible Ahora
    • Opciones de Vivienda
    • Lista de Propiedades
    • Mapa de Propiedades
    • Opciones de pago fáciles

You are here

Home » Housing Development » Development Partnership Opportunities

Providing Homes, Creating Community, Changing Lives

Bank Qualified Debt

Lower interest rates may be available to Boulder County non-profit and service organizations for construction, acquisition, and refinancing through partnerships with Boulder Housing Partners (BHP) through allocation of bank-qualified debt. Our Board of Commissioners will determine annually if some or all of its bank qualified debt capacity is available to support other projects in the community.

As a public housing authority, BHP is able to issue debt at a bank qualified tax exempt rate up to a total of $10,000,000 annually. Due to tax benefits to a lender, bank qualified tax exempt debt may have a rate as much as one to two percent below market. State law makes it possible for BHP to pass through that ability creating interest savings for a non-profit service or housing provider planning or implementing a project. For example, in 2003, BHP issued debt in support of the Boulder Homeless Shelter and the Center for People with Disabilities allowing them to take advantage of a lower interest rate for the new shelter on North Broadway and refinancing an existing building.

BHP's Board of Commissioners adopted the following criteria to be used to determine if a project is eligible for use of BHP's bank qualified debt capacity:

i. Project is located in Boulder County;
ii. The project is consistent with BHP's mission, meets the housing needs of low and moderate income households; addresses the housing needs of unique or special need populations; or exceeds the minimum requirements of the City of Boulder's Inclusionary Zoning ordinance
iii. The project does not compromise the needs of BHP for use on its projects;
iv. BHP determines that the project is technically and financially feasible; and
v. Project is willing to pay BHP's standard hourly rates for staff plus any out of pocket expenses up to a maximum fee of .5% of the bond amount.

  • Projects in Development
  • Completed Development Projects
  • Development Partnership Opportunities
    • Technical Assistance
    • Bank Qualified Debt

Connect

Follow Us

  • Facebook
  • Twitter

Log in to your Resident Account

Sign up for our
partnership newsletter

Donate

Donate to the
BHP Foundation

Privacy Policy

Website Privacy Policy Statement

About

We do business in accordance with
the Federal Fair Housing Law.

  • Equal Housing Opportunity
  • Accessible
BHP does not discriminate based on disability in admission, access, or operations of programs. If you or anyone in your family is a person with disabilities and require a specific accommodation in order to fully utilize our programs and services, please contact the 504/ADA Coordinator at 720-564-4610.

Contact

  • Boulder Housing Partners
  • 4800 North Broadway
  • Boulder CO, 80304
  • [email protected]
  • Phone: 720-564-4610
  • TTY: 1-800-659-3656
  • FAX: 303-939-9569
  • Maintenance: 720-564-4620
  • Contact Us