

CHFA's 2022 Community Report
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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

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.
CHFA has completed its first Housing Tax Credit award round of 2023. Twenty-six applications were received seeking a total of $36,175,286 million in federal 9 percent credit.

Each year, the Housing Colorado Eagle Awards recognize exemplary projects and people in Colorado’s affordable housing industry.

On Thursday, May 11, 2023, the Affordable Housing Credit Improvement Act (AHCIA; S. 1557 and H.R. 3238) was reintroduced in Congress with bipartisan support.
OEDIT and CHFA are hosting informational webinars about the new Land Banking and Concessionary Debt programs authorized by Proposition 123.
In this tailored class, service coordinators and other human services staff working at affordable housing properties will benefit from an overview of Fair Housing basics.
OEDIT and CHFA are hosting informational webinars about the new Land Banking and Concessionary Debt programs authorized by Proposition 123.
On May 15, 2023, HUD released updated Multifamily Tax Subsidy Program income limits. The 2023 income limit and maximum rent tables for Colorado are now available on CHFA’s website.
We are excited to announce that chfareach will be transitioning to a new event management platform for classes starting in July 2023.
In April, CHFA provided a $1.4 million Small Multifamily Permanent Loan (SIMPLE) loan and a $500,000 Healthy Housing Fund (HHF) loan for the Ridgway Space to Create development.
There’s optimism blooming on the homebuying horizon: after a couple years of fast-paced home sales in Denver and Colorado, the real estate industry is calming down a bit.
Need a day in the sun networking or playing golf with your fellow housing colleagues? Please join CHFA for its 2023 David W. Herlinger Golf Tournament on Wednesday, July 19th, at Fossil Trace Golf Course in Golden, Colorado.
CHFA is pleased to announce we are now offering the CHFA Homebuyer 101* webinar in Spanish. This hour-long webinar walks homebuyers through the eight steps to homeownership and outlines the basic requirements in using one of CHFA’s home mortgage loan programs.
This session explores the more common mistakes made in our resident files. We will look at how to correct these items according to federal guidelines and state preferences, and how to avoid these items of noncompliance in the future.
With the homebuying season upon us, please encourage borrowers to attend a CHFA-approved homebuyer education class early in the homebuying process.
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.
HUD REAC Inspections have used an inspection protocol known called UPCS since 1999. As of October 2023, all the deficiencies of UPCS will sunset and be replaced with a new set of standards called "NSPIRE."
Confused about the CHFA FirstStepsm programs? Here’s some quick facts to help differentiate it from other CHFA home loan programs.
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 is pleased to announce the application for the first round of 2023 Direct Effect Awards is now open. Direct Effect Awards are an opportunity for CHFA to recognize and support Colorado nonprofits whose missions align with our work to strengthen Colorado by investing in affordable housing and community development.
CHFA is pleased to announce the application for the first round of 2023 Direct Effect Awards is now open. Direct Effect Awards are an opportunity for CHFA to recognize and support Colorado nonprofits whose missions align with our work to strengthen Colorado by investing in affordable housing and community development.
In March, CHFA provided a $1,075,000 Small Multifamily Permanent Loan (SIMPLE), $600,000 Capital Magnet Fund loan, and $150,000 Capital Magnet Fund grant to support the construction of Rose Mountain Townhomes.
April is National Financial Capability Month—a great time to assess and/or build your understanding of saving, earning, borrowing, investing, and protecting your money wisely. One of the most important foundations that shapes your financial capability is credit.
This class matches the expertise of HUD's Office of Fair Housing and Equal Opportunity with the trauma-informed management philosophies used at WellPower, the mental health center of Denver.
Information on upcoming training offered by CHFA Home Finance in May 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.
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 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.
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,

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

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 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.

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).

The Colorado Fresh Food Financing Fund (CO4F) offers financial resources to increase access to affordable, healthy, and culturally relevant food, particularly in communities with lower incomes and limited healthy options. CO4F recently expanded its program to support a wider range of projects and address structural inequities in Colorado’s food system.
CHFA has been awarded a $501,942 grant to support housing counseling agencies located throughout Colorado. CHFA’s grant was awarded from the HUD Office of Housing Counseling.

Colorado Housing and Finance Authority’s (CHFA) annual David W. Herlinger Golf Tournament raised $75,000 for Rocky Mountain MicroFinance Institute (RMMFI) on Wednesday, August 31, 2022.

CHFA is donating $731,892 to 54 organizations through its Direct Effect program in Round Two, which received over 80 applications seeking more than $1.8 million in combined funding.

CHFA has been awarded a $9 million Capital Magnet Fund (CMF) grant to support the development and preservation of affordable rental housing across Colorado. CHFA was selected to receive an award among 59 total recipients nationwide.

CHFA is proud to offer the results of the newest Colorado Statewide Apartment Survey. This quarterly report summarizes the quarterly rents and vacancies of market-rate multifamily rental properties in various Colorado markets.

CHFA is pleased to announce it has been awarded a $150,000 grant to advance strategic partnerships with health organizations to support affordable housing in Colorado. The grant was awarded by the National Council of State Housing Agencies

CHFA is pleased to announce 12 developments were awarded a reservation of federal 9 percent Housing Tax Credits to support the new construction of 592 affordable apartments.

CHFA is donating $440,500 to 34 nonprofits through its Direct Effect program in round one, which received more than 40 applications. The average grant award amount is $12,956 and the maximum grant award amount is $25,000.

CHFA is proud to announce its new Building the Future Scholarship Fund, which dedicates $1.2 million to support college education across Colorado. The multiphase, multiyear fund will provide up to 260 scholarships to be awarded over 10-year periods.

Colorado Housing and Finance Authority is pleased to announce the appointment of officers to its Board of Directors for the 2022-2023 term.

CHFA is donating $18,035 to the Family and Intercultural Resource Center (FIRC), a nonprofit organization that serves Summit County families by providing education and financial resources. FIRC is a community leader in cultural integration, resource and referral services, emergency services, family support, and early childhood development.

CHFA is proud to announce its Round Two 2021 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 is pleased to announce 14 developments will be awarded a reservation of federal and state Housing Tax Credits to support the new construction or preservation of 1,373 affordable apartments.

CHFA's annual David W. Herlinger Golf Tournament raised $75,000 for Second Chance Center, Inc. (SCC) on Wednesday, September 29, 2021. SCC's mission is to help formerly incarcerated people transition to lives of success and fulfillment.
The Colorado Growth and Revitalization Fund (CGR Fund), administered by Colorado Housing and Finance Authority (CHFA), announced today it has been awarded $35 million in New Markets Tax Credits (NMTC). The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded $5 billion in NMTC to 100 entities throughout the nation.
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.
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.
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).
The projects will have 1,463 income-restricted units between them.
On Thursday morning, Denver City leaders celebrated the grand opening of The Reserves at Green Valley Ranch, a mixed-income apartment complex.
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.
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.
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.
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
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.
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
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,
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.
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.

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.
CHFA has completed its first Housing Tax Credit award round of 2023. Twenty-six applications were received seeking a total of $36,175,286 million in federal 9 percent credit.
In this tailored class, service coordinators and other human services staff working at affordable housing properties will benefit from an overview of Fair Housing basics.
OEDIT and CHFA are hosting informational webinars about the new Land Banking and Concessionary Debt programs authorized by Proposition 123.
On May 15, 2023, HUD released updated Multifamily Tax Subsidy Program income limits. The 2023 income limit and maximum rent tables for Colorado are now available on CHFA’s website.
We are excited to announce that chfareach will be transitioning to a new event management platform for classes starting in July 2023.
In April, CHFA provided a $1.4 million Small Multifamily Permanent Loan (SIMPLE) loan and a $500,000 Healthy Housing Fund (HHF) loan for the Ridgway Space to Create development.
There’s optimism blooming on the homebuying horizon: after a couple years of fast-paced home sales in Denver and Colorado, the real estate industry is calming down a bit.
Need a day in the sun networking or playing golf with your fellow housing colleagues? Please join CHFA for its 2023 David W. Herlinger Golf Tournament on Wednesday, July 19th, at Fossil Trace Golf Course in Golden, Colorado.
CHFA is pleased to announce we are now offering the CHFA Homebuyer 101* webinar in Spanish. This hour-long webinar walks homebuyers through the eight steps to homeownership and outlines the basic requirements in using one of CHFA’s home mortgage loan programs.
This session explores the more common mistakes made in our resident files. We will look at how to correct these items according to federal guidelines and state preferences, and how to avoid these items of noncompliance in the future.
With the homebuying season upon us, please encourage borrowers to attend a CHFA-approved homebuyer education class early in the homebuying process.
HUD REAC Inspections have used an inspection protocol known called UPCS since 1999. As of October 2023, all the deficiencies of UPCS will sunset and be replaced with a new set of standards called "NSPIRE."
Confused about the CHFA FirstStepsm programs? Here’s some quick facts to help differentiate it from other CHFA home loan programs.
CHFA is pleased to announce the application for the first round of 2023 Direct Effect Awards is now open. Direct Effect Awards are an opportunity for CHFA to recognize and support Colorado nonprofits whose missions align with our work to strengthen Colorado by investing in affordable housing and community development.
In March, CHFA provided a $1,075,000 Small Multifamily Permanent Loan (SIMPLE), $600,000 Capital Magnet Fund loan, and $150,000 Capital Magnet Fund grant to support the construction of Rose Mountain Townhomes.
April is National Financial Capability Month—a great time to assess and/or build your understanding of saving, earning, borrowing, investing, and protecting your money wisely. One of the most important foundations that shapes your financial capability is credit.
This class matches the expertise of HUD's Office of Fair Housing and Equal Opportunity with the trauma-informed management philosophies used at WellPower, the mental health center of Denver.
Information on upcoming training offered by CHFA Home Finance in May 2023.
Coming to Denver by popular request! Join us for an in-person workshop with one of the nation’s most respected consultants, the National Center for Housing Management (NCHM).
Please join CHFA for its 2023 David W. Herlinger Golf Tournament on Wednesday, July 19th, at Fossil Trace Golf Course in Golden, Colorado. This year’s beneficiary is the Home Builders Foundation.
CHFA always strives to better understand the needs of our partners. Please take a moment to help us by responding to a brief survey about conducting Housing Forum Colorado – an annual opportunity for lenders, realtors, and housing counselors to convene to learn and discuss hot topics in Colorado.
Looking to effectively and efficiently complete your HQS inspections? In this NAHRO certification workshop you'll learn all you need to plan, prep, and conduct your inspections, as well as how to communicate with residents and landlords about inspection-related matters.
CHFA is proud to announce the funds for the Colorado Fresh Food Financing Fund (CO4F) program have been fully deployed. Since 2013, the CO4F program has successfully supported businesses
CHFA and the Colorado OEDIT invite you to attend a virtual stakeholder meeting on Tuesday, April 4th, from 3:00pm to 5:00pm to help inform implementation of the Affordable Housing Financing Fund programs authorized in Proposition 123, including Land Banking, Concessionary Debt, and Equity.
Proposition 123 - Affordable Housing Financing Fund Stakeholder Engagement Meeting, 2022 CHFA Community Report, CHFA Direct Effect Awards 2023 - Round One Applications Open May 1, Cris White Recognized with Lifetime Achievement Award, Biden Administration Releases Fiscal Year 2024 Budget Request, CHFA First Look for Nonprofits: Keeping Colorado Homes Affordable, Save the Date: David W. Herlinger Golf Tournament