Homebuyers who use CHFA programs represent several different age groups, income levels, and household types. For example, did you know that the median income* of a CHFA homeowner is $56,592?
CHFA serves many diverse home mortgage customers: 34 percent are adults with children, 33 percent live alone, 23 percent are adults without children at home, and 10 percent represent single-parent households. Also, people from all over the state use CHFA programs. For example, 11 percent of our home finance customers are in Weld County, 9 percent are in El Paso County, and 9 percent are on the Western Slope.
Now is the time for homeownership for many in the Millennial generation, (those ages 18 to 36). This group comprised 57 percent of CHFA's home finance customers in 2015.
*median gross annual income