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2021 Community Report cover image

CHFA's 2021 Community Report

CHFA’s 2021 Community Report is now available. In the report, learn how CHFA invested $3.1 billion to support affordable housing and community development in 2021.

Featured Articles


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
CHFA Awarded $9 Million in Capital Magnet Funds to Support Affordable Housing thumbnail
June 24, 2022

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.

June 24, 2022

CHFA always strives to better understand the needs of our lending partners. Please take a moment to help us by responding to a brief survey about our customer service, programs, and processes.

June 24, 2022

This year, the cost of living has increased in many ways. In fact, in March 2022, inflation rose to 8.5 percent, representing the largest 12-month increase since 1981*. This can affect budgets and savings plans.

June 23, 2022

CHFA; Housing Colorado; and Colorado Department of Local Affairs, Division of Housing (DOH) are pleased to host six statewide Outreach and Engagement Forums.

June 22, 2022

View upcoming training opportunities from CHFA Home Finance in July 2022.

New Quarterly Colorado Apartment  Survey Results Published thumbnail
June 21, 2022

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.

June 17, 2022

june highlights Fair Housing 101, Webinar │ June 28, 2022 Join us as the Colorado Civil Rights Division presents housing antidiscrimination training. The training introduces the most recent Colorado Fair Housing laws, focusing on

June 15, 2022

Have a great homebuyer story to share? Perhaps you’ve been working with an individual for a while, or just helped a first-generation homebuyer. We’d love to hear these stories.

June 14, 2022

Join CHFA as we host David Mendez, Single Family Affordable Lending Manager with Freddie Mac®, as he speaks about the latest credit enhancements to Loan Product Advisor®.

June 13, 2022

CHFA has updated income limits for its CHFA SmartStep, CHFA FirstStep, CHFA SectionEight Homeownership, and CHFA HomeAccess Programs. The new income limits are effective for new loan locks made on or after June 13, 2022.

June 8, 2022

The 2022 Round 2 Letter of Intent (LOI) report is now available on the CHFA website.

June 7, 2022

Join CHFA as we host David Mendez, Single Family Affordable Lending Manager with Freddie Mac®, as he speaks about the latest credit enhancements to Loan Product Advisor®.

June 6, 2022

Colorado Housing and Finance Authority (CHFA) is conducting a Voice-of-Customer survey to seek feedback from our asset management portfolio customers. CHFA greatly appreciates you taking the time (estimated five minutes) to complete this survey.

June 6, 2022

CHFA always strives to better understand the needs of our lending partners. Please take a moment to help us by responding to a brief survey about our customer service, programs, and processes.

June 3, 2022

Anyone who is a manager will admit that it is no easy task. Stepping into leadership is a big move, and along with it may come some pitfalls. Fortunately,

Colorado Statewide Apartment Survey - First Quarter 2022 Report thumbnail
June 1, 2022

Colorado Housing and Finance Authority (CHFA) is proud to offer a new Colorado Statewide Apartment Survey. This quarterly report summarizes the quarterly rents and vacancies of market-rate multifamily rental properties in various Colorado markets.

CHFA Direct Effect Awards Application Open thumbnail
June 1, 2022

CHFA is pleased to announce the application for the second round of 2022 Direct Effect Awards is now open.

June 1, 2022

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

June 1, 2022

CHFA is pleased to announce the application for the second round of 2022 Direct Effect Awards is now open.

May 26, 2022

•CHFA Announces 2022 Round One Housing Tax Credit Awards •Technical Assistance Services and Grants Awarded to Support Small-scale Housing Development •Building the Future Scholarship Launched by CHFA to Support College Education

Save the Date – 2022 David W. Herlinger Golf Tournament thumbnail
May 25, 2022

CHFA’s 2022 David W. Herlinger Golf Tournament will be held on Wednesday, August 31st, at Fossil Trace Golf Course in Golden, Colorado.

May 25, 2022

CHFA’s 2022 David W. Herlinger Golf Tournament will be held on Wednesday, August 31st, at Fossil Trace Golf Course in Golden, Colorado.

May 24, 2022

View a list of upcoming June 2022 training dates for Participating Lenders and Real Estate professionals

May 24, 2022

Manufactured housing options can provide an affordable opportunity for homeownership. In Colorado, there are more than 900 mobile and manufactured home communities, where more than 100,000 Coloradans live.

CHFA Receives Grant to Support Health and Housing Sector Collaboration thumbnail
May 23, 2022

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

Media Release
CHFA Awarded $9 Million in Capital Magnet Funds to Support Affordable Housing thumbnail
June 24, 2022

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.

New Quarterly Colorado Apartment  Survey Results Published thumbnail
June 21, 2022

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 Receives Grant to Support Health and Housing Sector Collaboration thumbnail
May 23, 2022

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 Announces 2022 Round One Housing Tax Credit Awards thumbnail
May 17, 2022

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 Donates $440,500 to 34 Nonprofits with First Round of 2022 Direct Effect Awards thumbnail
April 25, 2022

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 Invests $1.2 Million to Support College Scholarships thumbnail
April 21, 2022

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.

CHFA Appoints Board of Directors Officers thumbnail
April 8, 2022

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

​Like it Forward: CHFA Donates $18,035 to the Family and Intercultural Resource Center thumbnail
December 13, 2021

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 Donates $554,500 to 38 Nonprofits with Second Round of 2021 Direct Effect Awards thumbnail
December 6, 2021

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 Announces 2021 Round Two Housing Tax Credit Awards thumbnail
November 9, 2021

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.

Golfers Raise $75,000 for Second Chance Center thumbnail
September 30, 2021

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.

September 3, 2021

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.

August 26, 2021

CHFA has named Second Chance Center (SCC) as the beneficiary of its 2021 David W. Herlinger Golf Tournament. SCC's mission is to help formerly incarcerated people transition to lives of success and fulfillment.

CHFA Announces 2021 Round One Housing Tax Credit Awards thumbnail
May 11, 2021

CHFA is pleased to announce 13 developments will be awarded a reservation of federal Housing Tax Credits to support the new construction of 882 affordable apartments. These developments will seek to address various housing needs in Colorado, including those of veterans, formerly homeless individuals and families, and older adults.

March 26, 2021

CHFA is pleased to announce that Amber Hills, president of FirstBank’s Southwest Market, has been named chair of CHFA’s board of directors. CHFA’s 11-member board serves as the governing body of the organization and establishes policies to further its mission of affordable housing and community development. 

Heather Schell Selected as CHFA’s General Counsel thumbnail
January 8, 2020

CHFA is pleased to announce Heather Schell has been selected to serve as CHFA’s general counsel and assistant secretary. CHFA’s board of directors appointed Schell in December 2019 following a nationwide search.

In The News
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 24, 2022

CHFA always strives to better understand the needs of our lending partners. Please take a moment to help us by responding to a brief survey about our customer service, programs, and processes.

June 24, 2022

This year, the cost of living has increased in many ways. In fact, in March 2022, inflation rose to 8.5 percent, representing the largest 12-month increase since 1981*. This can affect budgets and savings plans.

June 23, 2022

CHFA; Housing Colorado; and Colorado Department of Local Affairs, Division of Housing (DOH) are pleased to host six statewide Outreach and Engagement Forums.

June 22, 2022

View upcoming training opportunities from CHFA Home Finance in July 2022.

June 17, 2022

june highlights Fair Housing 101, Webinar │ June 28, 2022 Join us as the Colorado Civil Rights Division presents housing antidiscrimination training. The training introduces the most recent Colorado Fair Housing laws, focusing on

June 15, 2022

Have a great homebuyer story to share? Perhaps you’ve been working with an individual for a while, or just helped a first-generation homebuyer. We’d love to hear these stories.

June 14, 2022

Join CHFA as we host David Mendez, Single Family Affordable Lending Manager with Freddie Mac®, as he speaks about the latest credit enhancements to Loan Product Advisor®.

June 13, 2022

CHFA has updated income limits for its CHFA SmartStep, CHFA FirstStep, CHFA SectionEight Homeownership, and CHFA HomeAccess Programs. The new income limits are effective for new loan locks made on or after June 13, 2022.

June 8, 2022

The 2022 Round 2 Letter of Intent (LOI) report is now available on the CHFA website.

June 7, 2022

Join CHFA as we host David Mendez, Single Family Affordable Lending Manager with Freddie Mac®, as he speaks about the latest credit enhancements to Loan Product Advisor®.

June 6, 2022

Colorado Housing and Finance Authority (CHFA) is conducting a Voice-of-Customer survey to seek feedback from our asset management portfolio customers. CHFA greatly appreciates you taking the time (estimated five minutes) to complete this survey.

June 6, 2022

CHFA always strives to better understand the needs of our lending partners. Please take a moment to help us by responding to a brief survey about our customer service, programs, and processes.

June 3, 2022

Anyone who is a manager will admit that it is no easy task. Stepping into leadership is a big move, and along with it may come some pitfalls. Fortunately,

June 1, 2022

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

June 1, 2022

CHFA is pleased to announce the application for the second round of 2022 Direct Effect Awards is now open.

May 26, 2022

•CHFA Announces 2022 Round One Housing Tax Credit Awards •Technical Assistance Services and Grants Awarded to Support Small-scale Housing Development •Building the Future Scholarship Launched by CHFA to Support College Education

May 25, 2022

CHFA’s 2022 David W. Herlinger Golf Tournament will be held on Wednesday, August 31st, at Fossil Trace Golf Course in Golden, Colorado.

May 24, 2022

View a list of upcoming June 2022 training dates for Participating Lenders and Real Estate professionals

May 24, 2022

Manufactured housing options can provide an affordable opportunity for homeownership. In Colorado, there are more than 900 mobile and manufactured home communities, where more than 100,000 Coloradans live.

May 19, 2022

june highlights CHFA's Advanced Tax Credit Compliance: Scenarios and Q&A, Online Workshop │ June 8, 2022 This workshop is an opportunity for those who have completed CHFA's "Advanced Tax Credit Compliance" on-demand webinar series

May 18, 2022

We have a financing option for you - Our comprehensive suite of flexible financing programs allows us to find the right fit for your property and help you reach your goals.

May 16, 2022

CHFA has completed its first allocation round of 2022. Twenty-six applications were received seeking a total of $32.3 million in federal 9 percent credit.

May 11, 2022

On May 26th, the Division of Housing, Colorado Housing and Finance Authority, and Kutak Rock are offering an informative webinar for all local officials, developers, and others who want to learn how to use Private Activity Bonds (PAB).

May 9, 2022

Multifamily Program Compliance has updated CHFA’s utility allowance policy for Housing Tax Credit and CHFA multifamily loan developments. Specific changes include the following.

May 2, 2022

May Highlights Why Fair Housing Still Matters, Webinar │ May 3, 2022 Fair Housing training is common, so one might wonder why we must repeat this requirement so long after the implementation of the Fair Housing Act.

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This bimonthly eNewsletter provides CHFA news and information highlighting how local communities are addressing their unique affordable housing and economic development needs, oftentimes in collaboration with CHFA and its partners. 

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