CHFA's 2024 Community Report
Featured Articles
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
Like any brand or logo, your "personal brand" tells the world what to expect of you. It represents your values and credibility as a professional.
In this Issue: Homeownership Event to be Held December 3rd in Denver | CHFA Drive it Home – Construction Loans Application Deadline | 2026 Housing Credit Summit Registration is Open | The Buildout Podcast Explores ADUs, Housing for Older Adults
The Transfer of Servicer (TOS)/Transfer of Beneficiary (TOB) must be completed within the MERS system within five days of CHFA’s loan purchase. During a recent audit on the MERS TOS, it was found that loans are not being transferred timely.
You are cordially invited to the 2026 Housing Credit Summit hosted by Colorado Housing and Finance Authority. This event is a unique opportunity for Colorado’s Housing Tax Credit developers and affordable housing stakeholders to share ideas and network with local and national investors.
Information on upcoming training offered by CHFA Home Finance in November 2025.
It is a buyer’s market in Colorado. Real estate agents say it has been more than a decade since buyers have had the kind of choices they have now.
Hoarding Disorder is a recognized mental health disorder characterized by persistent difficulty discarding or parting with possessions. The accumulation of a large number of possessions may clutter active living areas to the extent that their intended use is no longer possible.
Congratulations to Bentley Commons Apartments in Colorado Springs, which held a grand opening event this month. CHFA was proud to celebrate with GPR Properties and support Bentley Commons and its residents.
CHFA recognizes that the current federal government shutdown may create uncertainty for participants and property owners under the Performance-based Contract Administration (PBCA) program.
Managing an affordable housing property comes with unique responsibilities that go beyond traditional property management. From compliance and inspections to financial oversight and resident relations, property managers play
CHFA is allowing permanent interest rate buydowns on our government loan programs (CHFA FirstStep, CHFA FirstGeneration, CHFA HomeAccess, and CHFA FHA Streamline Refinance) for loans locked on or after September 29, 2025,
CHFA has published a list of applications received for the Proposition 123 Equity program. The applications list may be viewed on the Affordable Housing Financing Fund website.
This introductory session is designed for onsite affordable housing professionals who process tenant applications and want to build a strong foundation in Section 8 compliance following HOTMA implementation.
CHFA’s Section 8 Program Compliance Officers invite you to an open house on October 8th. In order to bring questions about the Enterprise Income Verification (EIV) system, participants should view a new video resource that has been released by the team.
Topics: CHFA Multifamily Program Compliance Utility Allowance Policy Update | Newly Published HUD VAWA Forms | Upcoming Program Compliance Training Through chfareach
CHFA is pleased to announce the CHFA Drive It Home – Construction Loan, which provides a below-market interest rate to for-profit and nonprofit home builders to support new construction of affordable for-sale homes in Colorado.
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.
In this issue: CHFA Offers Free Access to Zogo Financial Education App | Upcoming Allocation Plan Hearings | Housing Colorado Annual Conference | Save the Date for the 2026 Housing Credit Summit | Season Two of The Buildout Podcast is Underway
Information on upcoming training offered by CHFA Home Finance in October 2025.
CHFA will hold a public hearing in Colorado regarding the Draft 2026 Middle-income Housing Tax Credit (MIHTC) Allocation Plan (the Plan).
CHFA is pleased to announce a partnership with Zogo, a leading financial technology firm, to offer free access to Zogo’s financial education mobile app for Colorado homebuyers.
CHFA recently supported Vina Senior Residences in Denver with $13,745,050 in financing through its Partnership-to-Perm Affordable Bond Loan (PAIRABLE) program, $5,305,900 in permanent financing through the Sizeable Multifamily Affordable Risk Share Tool (SMART), and $715,000 through the CHFA Housing Opportunity Fund (CHFA HOF).
“Financial education” and “fun” aren’t usually in the same sentence. That’s all changing with CHFA’s collaboration with Zogo, a gamified financial education app.
Join CHFA in partnership with JMF Community Mashup at Spangalang Brewery for the September event in the Building Legacy: A Black Homeownership Series.
“Financial education” and “fun” aren’t usually in the same sentence. That’s all changing with CHFA’s new partnership with Zogo, a gamified financial education app. Like Duolingo, Zogo rewards users for completing bite-sized education modules and answering short post-lesson quizzes.
CHFA is pleased to announce a partnership with Zogo, a leading financial technology firm, to offer free access to Zogo’s financial education mobile app for Colorado homebuyers.
CHFA's annual David W. Herlinger Golf Tournament raised $105,000 for Montbello Organizing Committee (MOC) on Tuesday,
CHFA is proud to announce its Round One 2025 Direct Effect Award recipients. In this round, CHFA is donating $1,171,204 to 132 nonprofits across Colorado. The average award amount in Round One is $8,873.
CHFA is pleased to announce it has awarded $4,832,748 in state Middle-income Housing Tax Credits (MIHTC) to three developments that will support the construction of 220 affordable middle-income rental housing units.
CHFA is pleased to announce a partnership with Esusu, Inc.—a leading financial technology company leveraging positive rent reporting for credit building—to sponsor rent reporting services for tenants living in CHFA-supported properties. This new partnership builds on the success of the Rent Reporting for Credit Pilot Program administered by CHFA between 2021-2024.
CHFA is pleased to announce that Governor Jared Polis has appointed Beth Klein and Pat Meyers, and reappointed Sylvia Wirba, to its 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.
CHFA is pleased to announce 12 developments have been awarded a reservation of federal and state Housing Tax Credits to support the construction or preservation of 679 affordable rental housing units in Colorado.
CHFA is pleased to welcome Guadalupe Gutierrez-Vasquez as its new chief financial officer (CFO), effective May 13, 2025.
CHFA is pleased to welcome Colorado State Senator Marc Snyder to its board of directors. CHFA’s board serves as its governing body and is tasked with supporting CHFA’s mission to strengthen Colorado by investing in affordable housing and community development.
CHFA is pleased to announce that its Board of Directors has appointed Thomas Bryan as executive director and CEO, effective March 1, 2025.

CHFA is donating $8,060 to We Don’t Waste, a nonprofit organization based in Denver working to increase food access and protect the planet by rescuing and repurposing food, while educating and advocating to increase food security and decrease food waste.
CHFA is proud to announce its Round Two 2024 Direct Effect Award recipients.
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 1,169 affordable rental units.
The U.S. Department of the Treasury awarded Colorado Housing and Finance Authority (CHFA) a $4.5 million Capital Magnet Fund (CMF) grant to support the preservation and construction of affordable multifamily rental housing in Colorado.
The United States Department of the Treasury announced that it has allocated $65 million in New Markets Tax Credits (NMTCs) to the Colorado Growth and Revitalization (CGR) Fund. Colorado Housing and Finance Authority (CHFA) administers NMTCs through the CGR Fund...
Great Place To Work® and Fortune have selected Colorado Housing and Finance Authority (CHFA) for the Fortune Best Medium Workplaces™ 2024 List, which is based on analysis of employee survey feedback from Great Place To Work Certified™ companies across the nation that have between 100 and 999 employees.
CHFA's annual David W. Herlinger Golf Tournament raised $150,000 for NEWSED Community Development Corporation (NEWSED) on Tuesday, August 13, 2024.
CHFA is proud to announce its Round One 2024 Direct Effect Award recipients. In this round, CHFA is donating $1,362,000 to 104 nonprofits across Colorado. The average award amount in Round One is $13,096.
CHFA is pleased to announce the promotion of Kristi Budish to director of community development. Budish has been a member of CHFA’s staff since 2010, most recently serving as manager of commercial operations and underwriting.
CHFA is proud to announce a new program to support Coloradans who have not previously owned a home, and whose parents or guardians were not homeowners.
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.
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.
CHFA is pleased to announce the promotion of Steve Johnson as CHFA’s new chief operating officer (COO).
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 Kaylee A. Romero as its newest Community Relationship Manager serving the San Luis Valley and surrounding region.
Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced six recipients of voter-approved Proposition 123 Concessionary Debt funds.
Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced eleven recipients of voter-approved Proposition 123 Equity(opens in new window) funds.
Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced 21 recipients of voter-approved Proposition 123 Land Banking funds.
Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced the preliminary selection of three recipients of Proposition 123 Equity program funding.
Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and the Colorado Housing and Finance Authority (CHFA) announced the preliminary selection of the first six recipients of the voter-approved Proposition 123 Equity program.
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.
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.
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.
Like any brand or logo, your "personal brand" tells the world what to expect of you. It represents your values and credibility as a professional.
In this Issue: Homeownership Event to be Held December 3rd in Denver | CHFA Drive it Home – Construction Loans Application Deadline | 2026 Housing Credit Summit Registration is Open | The Buildout Podcast Explores ADUs, Housing for Older Adults
The Transfer of Servicer (TOS)/Transfer of Beneficiary (TOB) must be completed within the MERS system within five days of CHFA’s loan purchase. During a recent audit on the MERS TOS, it was found that loans are not being transferred timely.
You are cordially invited to the 2026 Housing Credit Summit hosted by Colorado Housing and Finance Authority. This event is a unique opportunity for Colorado’s Housing Tax Credit developers and affordable housing stakeholders to share ideas and network with local and national investors.
Information on upcoming training offered by CHFA Home Finance in November 2025.
It is a buyer’s market in Colorado. Real estate agents say it has been more than a decade since buyers have had the kind of choices they have now.
Hoarding Disorder is a recognized mental health disorder characterized by persistent difficulty discarding or parting with possessions. The accumulation of a large number of possessions may clutter active living areas to the extent that their intended use is no longer possible.
Congratulations to Bentley Commons Apartments in Colorado Springs, which held a grand opening event this month. CHFA was proud to celebrate with GPR Properties and support Bentley Commons and its residents.
CHFA recognizes that the current federal government shutdown may create uncertainty for participants and property owners under the Performance-based Contract Administration (PBCA) program.
Managing an affordable housing property comes with unique responsibilities that go beyond traditional property management. From compliance and inspections to financial oversight and resident relations, property managers play
CHFA is allowing permanent interest rate buydowns on our government loan programs (CHFA FirstStep, CHFA FirstGeneration, CHFA HomeAccess, and CHFA FHA Streamline Refinance) for loans locked on or after September 29, 2025,
CHFA has published a list of applications received for the Proposition 123 Equity program. The applications list may be viewed on the Affordable Housing Financing Fund website.
This introductory session is designed for onsite affordable housing professionals who process tenant applications and want to build a strong foundation in Section 8 compliance following HOTMA implementation.
CHFA’s Section 8 Program Compliance Officers invite you to an open house on October 8th. In order to bring questions about the Enterprise Income Verification (EIV) system, participants should view a new video resource that has been released by the team.
Topics: CHFA Multifamily Program Compliance Utility Allowance Policy Update | Newly Published HUD VAWA Forms | Upcoming Program Compliance Training Through chfareach
CHFA is pleased to announce the CHFA Drive It Home – Construction Loan, which provides a below-market interest rate to for-profit and nonprofit home builders to support new construction of affordable for-sale homes in Colorado.
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.
In this issue: CHFA Offers Free Access to Zogo Financial Education App | Upcoming Allocation Plan Hearings | Housing Colorado Annual Conference | Save the Date for the 2026 Housing Credit Summit | Season Two of The Buildout Podcast is Underway
Information on upcoming training offered by CHFA Home Finance in October 2025.
CHFA will hold a public hearing in Colorado regarding the Draft 2026 Middle-income Housing Tax Credit (MIHTC) Allocation Plan (the Plan).
CHFA recently supported Vina Senior Residences in Denver with $13,745,050 in financing through its Partnership-to-Perm Affordable Bond Loan (PAIRABLE) program, $5,305,900 in permanent financing through the Sizeable Multifamily Affordable Risk Share Tool (SMART), and $715,000 through the CHFA Housing Opportunity Fund (CHFA HOF).
“Financial education” and “fun” aren’t usually in the same sentence. That’s all changing with CHFA’s collaboration with Zogo, a gamified financial education app.
Join CHFA in partnership with JMF Community Mashup at Spangalang Brewery for the September event in the Building Legacy: A Black Homeownership Series.
“Financial education” and “fun” aren’t usually in the same sentence. That’s all changing with CHFA’s new partnership with Zogo, a gamified financial education app. Like Duolingo, Zogo rewards users for completing bite-sized education modules and answering short post-lesson quizzes.
The value of companion animals in our lives is well understood and backed by decades of research. Although owners and operators of affordable housing often anecdotally understand the importance of the human-animal bond, knowing what steps to take to implement a pet-inclusive housing policy can be elusive.
