An example of a CHFA Multifamily Lending Middle-income Access Program project.

Sunlight Crossing
Sunlight Crossing
CHFA customer
Steamboat Springs, Colorado

Sunlight Crossing, Steamboat Springs


New construction of 90 units to serve middle-income workforce households in Steamboat Springs

Who the Project Serves

68 middle-income renters earning between 80 and 120 percent of Area Median Income, along with 22 market-rate units

Community Impact

As a rural resort community, housing in Steamboat Springs is beyond reach for many residents who provide local services. The project provides a new community with modern amenities and rents affordable to service industry workers, allowing them to live where they work. Each unit features amenities such as microwaves and in-unit washers and dryers, and the community features a coworking space, community room, playground, and dog park.

Project Partners

  • Gorman and Company
  • Hunt Mortgage Capital
  • Yampa Valley Housing Authority

How We got the Deal Done

$3,000,000 second loan from the CHFA Middle-income Access Program (MIAP) at 6 percent interest. The MIAP loan was a construction-to-permanent loan with a 15-year term.

Pair with these CHFA Programs

We would not likely pair more than one CHFA program with a MIAP loan. These would generally be funded with CHFA Housing Opportunity Fund (CHFA HOF).


Contact Multifamily Lending

Questions? Our solution-oriented team will help you find the right program to make your project a success. 800.877.2432