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Section 8 Compliance eNews Archive
As CHFA’s Board Chair, I can say without question that Cris will be tremendously missed. We trust and value Cris’ leadership and the culture of excellence he has cultivated during his tenure. His impact has been transformational for CHFA and its mission.
Earlier today, I shared with the Board of Directors my intention to retire as CHFA’s Executive Director and CEO effective March 2025.
In August 2024, HUD announced its inflationary adjustments for income and assets and the passbook rate that will take effect on January 1, 2025. These adjustments were put in place by the Housing Opportunity Through Modernization Act of 2016 (HOTMA).
Applications for CHFA’s Direct Effect Awards are due today, September 13th, by 11:59pm MT.
CHFA is pleased to announce the application for the second round of 2024 Direct Effect Awards is now open.
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 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.
In this eNews: CHFA Multifamily Program Compliance Manual for Housing Tax Credit and CHFA Multifamily Loan Programs Updated for HOTMA; Housing Tax Credit and Multifamily Loan Programs Compliance Forms Updated for HOTMA; Upcoming HOTMA Trainings through chfareach; Section 8 Updates
Join us for the 2024 Housing Colorado statewide outreach and engagement series.
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.
Johnson has served as director of community development and a member of CHFA’s leadership team since 2010, and he has been with the organization since 1996.
Applications for CHFA’s Direct Effect Awards are due today, April 26th, by 11:59pm MT.
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 the report, learn how CHFA invested $2.7 billion to support affordable housing and community development in 2023. Highlights include how CHFA increased community engagement, strengthened programs, surpassed several organizational records, and was proud to assist Coloradans by:
Dear CHFA Stakeholders, On behalf of our partners at the Governor’s Office of Economic Recovery, CHFA is sharing the following information about a free grant writing and technical assistance offering to assist those who are eligible for the HUD Green and Resilient Retrofit Program (GRPP).
CHFA is pleased to announce the dates for its 2024 Direct Effect Awards. 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.
HUD published an adjusted passbook savings rate of 0.40 percent, effective January 1, 2024. The new passbook rate is now required for all HTC and CHFA Loan tenant income certifications. CHFA has revised our current Tenant Income Certification (TIC) form so that owners may apply the current rate.
CHFA is pleased to report that the 2024 Tax Bill—which includes provisions to expand and enhance the affordable housing tax credit—passed the House last night with strong bipartisan support! Thank you to all who reached out to your members of Congress.
Congress is preparing to vote on a critical tax bill that would expand and enhance affordable housing tax credits, the most successful affordable housing program nationwide. The “Tax Relief for American Families and Workers Act of 2024” is a bipartisan, bicameral effort that among other provisions proposes to:
CHFA is happy to share that the latest version of Congress’ proposed 2024 tax bill includes provisions for expanding and enhancing the federal Affordable Housing Tax Credit. The bill passed through the House Ways and Means Committee on Friday with a strong bipartisan vote of 40-3.