CHFA Newsroom

CHFA Newsroom

Check out what’s new with CHFA by visiting our newsroom.

Four photo collage of CHFA customers and Colorado landscapes

CHFA's 2023 Community Report

CHFA’s 2023 Community Report is now available. In the report, learn how CHFA invested $2.7 billion to support affordable housing and community development in 2023.

Featured Articles

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CHFA Beneficiary Reports

CHFA’s Beneficiary reports illustrate key demographic information about who CHFA serves across our different program areas. Each report also highlights how CHFA’s customer profile compares to the Colorado market.

CHFA Impact Report

This monthly report provides a year-to-date snapshot of CHFA’s investments to support affordable housing and community development throughout Colorado, along with related narratives and analyses. An archive is also available from the current month's report. 

All
June 13, 2024

Throughout the summer, CHFA will partner with Housing Colorado, the Division of Housing, and the Office of Economic Development and International Trade to host seven events in communities across the state kicking off in Limon on Monday, July 15th.

June 13, 2024

Join us for the 2024 Housing Colorado statewide outreach and engagement series.

June 11, 2024

The draft 2025-2026 Housing Tax Credit Qualified Allocation Plan (QAP) and a summary of changes are now available on CHFA’s website. To seek input on proposed changes to the QAP, CHFA will hold three public hearings.

2024 Golf Tournament image of golf club with ball on tee
June 10, 2024

Please join CHFA for its 2024 David W. Herlinger Golf Tournament on Tuesday, August 13th, at Arrowhead Golf Club in Littleton, Colorado.

June 10, 2024

This year’s beneficiary is NEWSED Community Development Corporation. NEWSED promotes community development to underserved populations in Colorado by providing navigation for housing services, nurturing small businesses, and promoting asset creation.

June 7, 2024

The Round Two Letter of Intent (LOI) report is now available on CHFA’s website. The report lists affordable housing developments and their sponsors who intend to apply for federal 4 percent and state Housing Tax Credits in Round Two.

June 6, 2024

Are you facing retirement or turnover of key positions in your organization? Take steps to preserve your institutional knowledge. Transferring and sharing information within the organization is worth millions of dollars and thousands of hours.

June 5, 2024

The Rent Reporting for Credit Pilot Program, which CHFA has administered since October 2021, concluded on April 1, 2024. This program, created by the Colorado General Assembly, aimed to help renters build credit by reporting timely rent payments to consumer reporting agencies.

June 4, 2024

CHFA is pleased to announce the publication of a revised and updated CHFA Seller’s Guide. This version is a comprehensive update of the guide and incorporates recent CHFA program and process changes previously announced via CHFA eNews announcements, webinars, and program matrices.

June 4, 2024

The 2024 Housing Tax Credit Application (2024 v6.2) is now available on the website. Older versions of the application will no longer be accepted.

June 3, 2024

With CHFA’s focus on creating more homeownership opportunities for communities of color and other underserved populations, we’ve learned that many of these individuals are less familiar with the journey as their parents do not have a history of homeownership.

May 31, 2024

CHFA Announces 2024 Round One Housing Tax Credit Awards | Legislation That Strengthens Affordable Housing Investments Signed into Law | Homeownership Contest for CHFA Customers to be Held in June | Upcoming Homebuyer Events | CHFA Awarded Funds Through Housing Counseling Grant Program

May 31, 2024

To celebrate our home mortgage customers for National Homeownership Month and CHFA’s 50th Anniversary, we are hosting the Home is Where My Story Starts contest to give away a free home mortgage payment or $1,000 applied toward their mortgage, whichever is greater!

May 31, 2024

The amended 2023-2024 Qualified Allocation Plan (QAP) is now available on CHFA’s website. The amendments address the implementation of increased state Affordable Housing Tax Credits authorized by recently passed legislation, HB24-1434, signed into law by Governor Polis on May 30, 2024.

A bright yellow door
May 30, 2024

CHFA is pleased to announce 13 developments have been awarded a reservation of federal 9 percent Housing Tax Credits along with an award of federal 4 percent credit to a paired development.

May 30, 2024

CHFA has completed its first allocation round of 2024. Twenty-three applications were received seeking a total of $32,650,666 million in federal 9 percent credit. CHFA is conditionally awarding $18,272,881 million in federal 9 percent credit to 13 developments as well as $1,840,510 in federal 4 percent credit to support a paired development.

May 29, 2024

CHFA was recently awarded $464,414 from the Department of Housing and Urban Development (HUD) through its Comprehensive Housing Counseling Grant Program. The funds will support a total of 11 HUD-approved housing counseling agencies located in Colorado.

May 28, 2024

Own Your Tomorrow Microsite: Your Homebuying Resource | CHFA understands the importance of growing, supporting, and celebrating stronger communities.

May 24, 2024

CHFA had the opportunity to take part in the grand opening of Lyons Valley Townhomes in April. Developed by Summit Housing Group, Lyons Valley Townhomes includes 40 affordable rental homes for households with incomes at 60 percent of Area Median Income (AMI) and below.

May 23, 2024

Nonprofits, states, tribal governments, local governments, and others can take advantage of tax credits through either direct pay or a transfer of credit. Are the Investment Tax Credit or Production Tax Credit available to you?

May 23, 2024

Information on upcoming training offered by CHFA Home Finance in June 2024.

May 21, 2024

Be prepared and knowledgeable by learning how to navigate the many steps in the process, including creating a budget, understanding your credit score, finding a lender, and the loan process.

May 20, 2024

CHFA has updated income limits for all CHFA Mortgage Loan Programs. The new income limits are effective for new loan locks made on or after May 20, 2024.

May 16, 2024

We are all impacted by the transition from UPCS and HQS protocols to the modern NSPIRE protocol. Attend this training to ensure optimal effectiveness during this pivotal change.

May 15, 2024

Lenders are still required to record the original First and Second Mortgage Deed of Trust with the appropriate county and the recorded Deed of Trusts should be returned to the lender.

Media Release
A bright yellow door
May 30, 2024

CHFA is pleased to announce 13 developments have been awarded a reservation of federal 9 percent Housing Tax Credits along with an award of federal 4 percent credit to a paired development.

May 29, 2024

CHFA was recently awarded $464,414 from the Department of Housing and Urban Development (HUD) through its Comprehensive Housing Counseling Grant Program. The funds will support a total of 11 HUD-approved housing counseling agencies located in Colorado.

May 7, 2024

CHFA is pleased to announce the promotion of Steve Johnson as CHFA’s new chief operating officer (COO).

CHFA Board room
February 15, 2024

CHFA congratulates Maria De Cambra, executive director of the Colorado Department of Local Affairs (DOLA), on her appointment to its board of directors. CHFA’s 11-member board serves as its governing body and is tasked with furthering CHFA’s mission to strengthen Colorado by investing in affordable housing and community development.

CHFA Welcomes New Community Relationship Manager Serving San Luis Valley thumbnail
January 16, 2024

CHFA welcomes Kaylee A. Romero as its newest Community Relationship Manager serving the San Luis Valley and surrounding region.

Social Media Campaign Generates Over $33,000 for Fort Morgan Nonprofit thumbnail
December 14, 2023

CHFA is donating $33,255 to Kids at Their Best, a nonprofit organization located in Fort Morgan, Colorado focused on inspiring, educating, and empowering young people from low-income families to build resilience and strengthen their life trajectory.

CHFA Donates Over One Million Dollars to 93 Nonprofits in Second Round of 2023 Direct Effect Awards thumbnail
December 7, 2023

CHFA is proud to announce its Round Two 2023 Direct Effect Award recipients.

CHFA Named Among Nation’s Best Workplaces for Parents thumbnail
December 5, 2023

Great Place To Work® has selected Colorado Housing and Finance Authority (CHFA) for the Best Workplaces for Parents™ 2023 list.

CHFA Announces 2023 Round Two Housing Tax Credit Awards thumbnail
November 17, 2023

CHFA is pleased to announce 10 developments will be awarded a reservation of federal and state Housing Tax Credits to support the new construction or preservation of 1,110 affordable rental units.

Colorado Growth and Revitalization Fund Awarded $65 Million in New Markets Tax Credits thumbnail
September 29, 2023

The Colorado Growth and Revitalization Fund (CGR Fund) has received an award of $65 million in federal New Markets Tax Credits (NMTCs), the highest award amount allocated to qualified applicants this year, according to the latest NMTC Program Award Book.

Stefka Fanchi Appointed to CHFA’s Board of Directors thumbnail
September 26, 2023

CHFA congratulates Stefka Fanchi, President and Chief Executive Officer of Elevation Community Land Trust, on her appointment to its board of directors.

CHFA Launches New Resource for Colorado Homebuyers thumbnail
September 20, 2023

CHFA is proud to announce the launch of the Homebuyer’s Roadmap. This online, interactive resource gives users the chance to “choose their own adventure,” featuring stops on the homebuying journey that highlight various aspects of purchasing a home, including homebuyer education, understanding credit, selecting a lender, inspections, and appraisals.

CHFA Named One of the Best Workplaces in the Nation thumbnail
September 11, 2023

Great Place To Work and Fortune have selected Colorado Housing and Finance Authority (CHFA) for the 2023 Fortune Best Workplaces in Financial Services & Insurance List.

CHFA Donates $942,000 to 85 Nonprofits in First Round of 2023 Direct Effect Awards thumbnail
August 17, 2023

CHFA is proud to announce its Round One 2023 Direct Effect Award recipients. CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development.

CHFA Welcomes Three New Members to its Board of Directors thumbnail
August 2, 2023

CHFA is pleased to announce that Governor Jared Polis has appointed Albus Brooks, Jason Peasley, and Santhosh Ramdoss to its board of directors.

Golfers Raise $85,000 for Home Builders Foundation thumbnail
July 20, 2023

CHFA's annual David W. Herlinger Golf Tournament raised $85,000 for Home Builders Foundation on Wednesday, July 19, 2023.

CHFA Announces 2023 Round One Housing Tax Credit Awards thumbnail
May 30, 2023

CHFA is pleased to announce 12 developments were awarded a reservation of federal 9 percent Housing Tax Credits to support the new construction of 605 affordable rental housing units.

May 1, 2023

CHFA congratulates State Representative Shannon Bird on her appointment to its board of directors. CHFA’s board serves as its governing body, and is tasked with supporting CHFA’s mission.

CHFA Announces Second Phase of Building the Future Scholarship Fund thumbnail
January 17, 2023

CHFA is proud to announce its second phase of scholarship funding awarded to Colorado universities. CHFA’s Building the Future Scholarship Fund, launched in 2022, dedicates $1.2 million to support college education across Colorado.

January 5, 2023

CHFA is proud to announce the promotion of Jerilynn Martinez Francis as CHFA’s new chief communications and community partnerships officer. In her role, Jerilynn will serve as a member of CHFA’s executive team,

Social Media Users Help Raise Over $5,000 for The Center for African American Health thumbnail
December 16, 2022

Colorado Housing and Finance Authority (CHFA) is donating $5,210 to The Center for African American Health (CAA Health), a nonprofit organization that works to empower African American and Black Metro Denver communities to make informed health decisions that benefit the whole person through education, collaboration, and advocacy.

CHFA Donates Over $1 Million to 73 Nonprofits with Third Round of 2022 Direct Effect Awards thumbnail
December 7, 2022

CHFA is proud to announce its Round Three 2022 Direct Effect Award recipients.

CHFA Announces 2022 Round Two Housing Tax Credit Awards thumbnail
November 16, 2022

CHFA is pleased to announce 13 developments will be awarded a reservation of federal and state Housing Tax Credits to support the new construction or preservation of 1,463 affordable apartments.

CHFA Hires New Community Relationship Manager Serving Eastern Colorado thumbnail
November 4, 2022

CHFA is pleased to welcome Trisha Herman as its newest community relationship manager serving eastern Colorado. In her role, Herman will help CHFA advance its work to strengthen Colorado by investing in affordable housing and economic development.

$50 Million in New Markets Tax Credits Awarded to Support Community Development thumbnail
November 2, 2022

The Colorado Growth and Revitalization Fund (CGR Fund), administered by Colorado Housing and Finance Authority (CHFA), announced today it has been awarded $50 million in New Markets Tax Credits (NMTC).

In The News
February 13, 2024 colorado.gov

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced funding to support the growth of eight modular housing manufacturers across Colorado.

January 31, 2024 colorado.gov

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced the first 16 recipients of the voter approved Proposition 123 Land Banking funds.

As the Inflation Reduction Act (IRA) rolls out, housing agencies around the country are preparing to deploy additional funds, incentivizing developers to incorporate green designs, and boosting cooperation with state energy offices.

The passage of Proposition 123 by voters in November of 2022 was a historic milestone for Colorado, and indicative of the great need across rural, urban, and mountain communities alike.

May 5, 2023 coloradosun.com

Higher interest rates and for-sale prices may be a barrier, but for those ready to plunge into home ownership, the best advice is to get educated.

January 13, 2023 oedit.colorado.gov

The Innovative Housing Incentive Program (IHIP), announced today by Governor Polis and the Business Funding & Incentives Division of the Colorado Office of Economic Development and International Trade (OEDIT), introduces new funding opportunities to support the development and expansion of Colorado’s innovative housing manufacturing businesses.

November 29, 2022 warrenvillage.org

Warren Village, a Denver-based organization focused on helping low-income, single-parent families make the journey from poverty to self-sufficiency is pleased to announce a $26m award from the Colorado Housing and Finance Authority (CHFA).

November 23, 2022 businessden.com

The projects will have 1,463 income-restricted units between them.

October 27, 2022 denver7.com

On Thursday morning, Denver City leaders celebrated the grand opening of The Reserves at Green Valley Ranch, a mixed-income apartment complex.

October 20, 2022 rocusa.org

CONCORD, N.H. – Nine organizations have come together to create a financing vehicle that positions homeowners in Colorado manufactured home communities to successfully purchase their neighborhoods when they come up for sale.

October 17, 2022 housingfinance.com

A 172-unit development is being built to help meet the housing needs of workers in Breckenridge, Colorado. The new community will serve residents earning between 80% and 120% of the area median income, with studio, one-, two-, and three-bedroom apartment homes.

October 7, 2022 adams.edu

Adams State University students majoring in the mechanical engineering degree may be eligible for a new Building the Future Scholarship established by the Colorado Housing and Finance Authority (CHFA). CHFA’s Building the Future Scholarship will assist Adams State mechanical engineering majors with educational expenses.

August 18, 2022 oedit.colorado.gov

The U.S. Treasury Department has awarded the State of Colorado a State Small Business Credit Initiative (SSBCI) grant. This funding could result in more than $100 million over the next 5+ years to leverage ten times that amount

August 3, 2022 fox40.com

Lincoln Avenue Capital (LAC), a mission-driven acquirer and developer of affordable housing, announced this week that it closed on the financing for the construction of InterQuest Ridge Apartments.

August 2, 2022 milehighcre.com

Construction has begun on Trailhead Community’s affordable housing project in Littleton. The first-of-its-kind apartment complex in Colorado will allocate 50 percent of its 80 units for adults with intellectual and developmental disabilities and the other

August 2, 2022 whitehouse.gov

Today, the White House and U.S. Department of Treasury are hosting a White House Summit on Building Lasting Eviction Prevention Reform. As funds for Emergency Rental Assistance (ERA) are beginning to wind down,

July 14, 2022 durangoherald.com

Fort Lewis College will offer four $2,500 scholarships to students this fall majoring in public health. The college is one of five institutions receiving scholarship funding as part of the CHFA Building the Future Scholarship fund.

November 15, 2021 prweb.com

CHFA and RentTrack, the multifamily leader and pioneer of reporting rent payments to all three credit reporting agencies, today announce a shared housing and credit solution pilot program. House Bill 21-1134 created the Tenant Credit Reporting Pilot Program, which will be administered by CHFA. The program invites landlords and renters at their properties to voluntarily participate, and aims to emphasize renter populations that are underserved and under-represented in homeownership.

Colorado Launches CLIMBER Small Business Loan Fund thumbnail

Today, the Colorado Department of the Treasury, Colorado Housing and Finance Authority (CHFA), and Office of Economic Development and International Trade (OEDIT) launched the Colorado Loans for Increasing Mainstreet Business and Economic Recovery (CLIMBER). CLIMBER is a statewide loan fund that will provide up to $250 million in working capital to Colorado small businesses through 2023.

Downtown Colorado Inc. selected four San Luis Valley communities to participate in the 2021 Colorado Challenge Accelerator Program as well as the IN THE GAME: Small Town Challenge Studios April 27-30.

eNews
June 13, 2024

Join us for the 2024 Housing Colorado statewide outreach and engagement series.

June 11, 2024

The draft 2025-2026 Housing Tax Credit Qualified Allocation Plan (QAP) and a summary of changes are now available on CHFA’s website. To seek input on proposed changes to the QAP, CHFA will hold three public hearings.

June 10, 2024

This year’s beneficiary is NEWSED Community Development Corporation. NEWSED promotes community development to underserved populations in Colorado by providing navigation for housing services, nurturing small businesses, and promoting asset creation.

June 7, 2024

The Round Two Letter of Intent (LOI) report is now available on CHFA’s website. The report lists affordable housing developments and their sponsors who intend to apply for federal 4 percent and state Housing Tax Credits in Round Two.

June 6, 2024

Are you facing retirement or turnover of key positions in your organization? Take steps to preserve your institutional knowledge. Transferring and sharing information within the organization is worth millions of dollars and thousands of hours.

June 4, 2024

CHFA is pleased to announce the publication of a revised and updated CHFA Seller’s Guide. This version is a comprehensive update of the guide and incorporates recent CHFA program and process changes previously announced via CHFA eNews announcements, webinars, and program matrices.

June 4, 2024

The 2024 Housing Tax Credit Application (2024 v6.2) is now available on the website. Older versions of the application will no longer be accepted.

June 3, 2024

With CHFA’s focus on creating more homeownership opportunities for communities of color and other underserved populations, we’ve learned that many of these individuals are less familiar with the journey as their parents do not have a history of homeownership.

May 31, 2024

CHFA Announces 2024 Round One Housing Tax Credit Awards | Legislation That Strengthens Affordable Housing Investments Signed into Law | Homeownership Contest for CHFA Customers to be Held in June | Upcoming Homebuyer Events | CHFA Awarded Funds Through Housing Counseling Grant Program

May 31, 2024

To celebrate our home mortgage customers for National Homeownership Month and CHFA’s 50th Anniversary, we are hosting the Home is Where My Story Starts contest to give away a free home mortgage payment or $1,000 applied toward their mortgage, whichever is greater!

May 31, 2024

The amended 2023-2024 Qualified Allocation Plan (QAP) is now available on CHFA’s website. The amendments address the implementation of increased state Affordable Housing Tax Credits authorized by recently passed legislation, HB24-1434, signed into law by Governor Polis on May 30, 2024.

May 30, 2024

CHFA has completed its first allocation round of 2024. Twenty-three applications were received seeking a total of $32,650,666 million in federal 9 percent credit. CHFA is conditionally awarding $18,272,881 million in federal 9 percent credit to 13 developments as well as $1,840,510 in federal 4 percent credit to support a paired development.

May 28, 2024

Own Your Tomorrow Microsite: Your Homebuying Resource | CHFA understands the importance of growing, supporting, and celebrating stronger communities.

May 24, 2024

CHFA had the opportunity to take part in the grand opening of Lyons Valley Townhomes in April. Developed by Summit Housing Group, Lyons Valley Townhomes includes 40 affordable rental homes for households with incomes at 60 percent of Area Median Income (AMI) and below.

May 23, 2024

Nonprofits, states, tribal governments, local governments, and others can take advantage of tax credits through either direct pay or a transfer of credit. Are the Investment Tax Credit or Production Tax Credit available to you?

May 23, 2024

Information on upcoming training offered by CHFA Home Finance in June 2024.

May 21, 2024

Be prepared and knowledgeable by learning how to navigate the many steps in the process, including creating a budget, understanding your credit score, finding a lender, and the loan process.

May 20, 2024

CHFA has updated income limits for all CHFA Mortgage Loan Programs. The new income limits are effective for new loan locks made on or after May 20, 2024.

May 16, 2024

We are all impacted by the transition from UPCS and HQS protocols to the modern NSPIRE protocol. Attend this training to ensure optimal effectiveness during this pivotal change.

May 15, 2024

Lenders are still required to record the original First and Second Mortgage Deed of Trust with the appropriate county and the recorded Deed of Trusts should be returned to the lender.

May 14, 2024

A draft of the amended 2023-2024 Qualified Allocation Plan (QAP) is now available on CHFA’s website. The amendment addresses the implementation of increased state Affordable Housing Tax Credits authorized by recently passed legislation, HB24-1434.

May 9, 2024

Merriam-Webster defines “ally” as “one that is associated with another as a helper; a person or group that provides assistance and support in an ongoing effort, activity, or struggle.” In recent years, the term has been used to describe a person supporting a marginalized group.

May 9, 2024

The new accelerated state Affordable Housing Tax Credits authorized in HB24-1434 provide Colorado’s affordable housing community with necessary and critical resources available for deployment in 2024.

May 8, 2024

This week the Colorado General Assembly passed two key bills that will strengthen affordable housing investment in Colorado starting in 2024 and continuing through 2031.

May 8, 2024

CHFA is committed to increasing Black and African American homeownership in Colorado because homeownership isn’t just for now—it provides an opportunity to build wealth and community for the future.

Public Notices