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RECOGNIZING THE RENAISSANCE VETERANS APARTMENTS AT FITZSIMONS IN
AURORA, COLORADO
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HON. JASON CROW
of colorado
in the house of representatives
Tuesday, September 21, 2021
Mr. CROW. Madam Speaker, I rise today to honor Renaissance Veterans Apartments at Fitzsimons in Aurora, Colorado, for receiving the 2021 Charles L. Edson Tax Credit Excellence Award by demonstrating one of the most impactful uses of the Low-Income Housing Tax Credit--the primary tool to build new affordable homes for the most vulnerable populations in Colorado and the Nation.
As you know, our Nation's lack of affordable housing has reached crisis levels in the wake of the COVID-19 pandemic. In Colorado alone, over 175,000 renters pay more than half of their monthly income on rent, leaving too little for other expenses like health care, transportation, and food, let alone education or retirement savings.
However, using the Low-Income Housing Tax Credit, Renaissance Veterans Apartments built 59 new affordable homes in order to house and provide quality services to veterans who were formerly unhoused or are living with physical disabilities.
I applaud the Colorado Coalition for the Homeless, National Affordable Housing Trust, Colorado Division of Housing, City of Aurora, Home Depot, and all who made Renaissance Veterans Apartments possible, and I thank them for serving our community.
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SOURCE: Congressional Record Vol. 167, No. 163
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