The Funding Sources Inventory tool allows you to search a database of funding sources created for this guide to determine which may be relevant to consider for your development. Use the filters at the top of the page to narrow down the list of possible sources based on the characteristics of your development. The funding sources shown in the list at the bottom will be those that match at least one of the criteria from each of the filter categories you have selected (in other words, the filters use OR logic within each filter category and AND logic across filter categories). Review the remaining list to learn more about each program. You can click the “Details” button to display detailed information about each funding source.

Eligible UsesInclude funding that can be used for:

Eligible RecipientsInclude funding that can be used by:

Funding TypeInclude the following type(s) of funding:

Affordability RequirementsShow funding that may have affordability requirements?

Funding Sources Inventory

Displaying 1 - 4 of 4
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Home Investment Partnership Program (HOME)
HOME provides federal funding to buy, build, or rehabilitate affordable rental and homeownership opportunities and to provide direct rental opportunities to low-income households. Funding can be provided as grants, direct loans, loan guarantees or other forms of credit enhancements, or rental assistance or security deposits. HOME funding for jurisdictions that do not receive this funding directly (non-participating jurisdictions) can apply to DOH through on a monthly basis. Participating jurisdictions (PJs) receive HOME funds directly.
Details
Eligible home types:
Varies based on activity
Eligible recipients:
Non-PJs: Local governments PJs/non-PJs:
  • Community Housing Development Organizations
  • Nonprofit and for-profit housing developers
Eligible uses:
  • Homebuyer assistance
  • Rehabilitation for Owner-Occupied Homes
  • Rental Housing Acquisition, Rehabilitation and Construction
  • Tenant-Based Rental Assistance
Affordability requirements:
  • Varies by activity Rental & rental assistance beneficiaries: 90 percent of households at or below 60% AMI
Geography funding is available to :
Non-PJs: Local governments and eligible organizations Participating jurisdictions
Maximum financial assistance per project:
Varies by activity
Additional notes or requirements:
*HUD sets limits on homeownership sales price (for new and existing construction) and maximum rents. *Note that for construction, the project would be subject to the Davis-Bacon Act, which requires any development projects receiving that funding to pay all laborers federal prevailing wages and provide fringe benefits.
Links to more information:
Housing Development Grant Funds (HDG)
HDG, supported by appropriated funds and awarded through a competitive process, provides funds for acquisition, rehabilitation, and new construction to improve, preserve or expand the supply of affordable housing, to finance foreclosure prevention activities in Colorado, and to fund the acquisition of housing and economic data necessary to advise the State Housing Board on local housing conditions.
Details
Eligible home types:
  • Multifamily
  • Single-family
Eligible recipients:
  • Nonprofits
  • Housing authorities
  • Local governments
Eligible uses:
  • New construction
  • Property acquisition
  • Rehabilitation of existing units
  • Housing services
Affordability requirements:
Consult DOH Housing Development Specialist for latest guidance.
Geography funding is available to :
Statewide
Maximum financial assistance per project:
Varies by activity
Additional notes or requirements:
Links to more information:
Private Activity Bonds (PABs)
Private activity bonds enable local and state governments to finance private development projects. The Colorado Department of Local Affairs (DOLA) allocates a portion of its annual bonding authority directly to statewide authorities (CHFA and Colorado Agricultural Development Authority or CADA) and local governments based on population. It retains a portions of the state's annual bonding authority ("Statewide Balance") to award for eligible projects across Colorado, including residential rental projects for low- and moderate-income households. Municipalities and housing authorities can apply for the bonding authority under the Statewide Balance PAB directly from DOLA.
Details
Eligible home types:
  • Multifamily
  • Single-family
Eligible recipients:
  • Local governments
  • Housing authorities
Eligible uses:
  • New construction or acquisition/rehabilitation of housing for low to moderate-income people
  • Single-family mortgage revenue bonds
  • Mortgage Credit Certificates (MCC) which is a bond allocation for qualified homebuyers
  • Qualified redevelopment bonds (blighted property acquisition; redevelopment preparation; relocation)
Affordability requirements:
Varies by use
Geography funding is available to :
Statewide
Maximum financial assistance per project:
Based on bond cap
Additional notes or requirements:
Links to more information:
Healthy Homes program
This program offers grants for low-cost, home hazard assessments and interventions that address environmental health and safety concerns (e.g. mold, lead, allergens, asthma, carbon monoxide, home safety, pesticides, and radon). This program expands upon HUD’s other environmental safety programs focused on lead hazard reduction.
Details
Eligible home types:
  • Determined by implementing entity
Eligible recipients:
  • Non-profits
  • For-profit firms
  • State and local governments
  • Federally-recognized Indian Tribes
  • Colleges and universities
Eligible uses:
  • Low-cost methods for hazard assessment and intervention
  • Evaluations of interventions
  • Local capacity building for education
  • Development and delivery of public-education programs
Affordability requirements:
  • Determined by implementing entity *HUD encourages a majority of use among low
  • and very low-income households
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
  • Healthy Homes Technical Study Grant: $1.5-$3 million (individual grants)
  • Health Homes Demonstration Grant: Varies by project
Additional notes or requirements:
Links to more information:
Displaying 1 - 1 of 1
Start Over
Home Investment Partnership Program (HOME)
HOME provides federal funding to buy, build, or rehabilitate affordable rental and homeownership opportunities and to provide direct rental opportunities to low-income households. Funding can be provided as grants, direct loans, loan guarantees or other forms of credit enhancements, or rental assistance or security deposits. HOME funding for jurisdictions that do not receive this funding directly (non-participating jurisdictions) can apply to DOH through on a monthly basis. Participating jurisdictions (PJs) receive HOME funds directly.
Details
Eligible home types:
Varies based on activity
Eligible recipients:
Non-PJs: Local governments PJs/non-PJs:
  • Community Housing Development Organizations
  • Nonprofit and for-profit housing developers
Eligible uses:
  • Homebuyer assistance
  • Rehabilitation for Owner-Occupied Homes
  • Rental Housing Acquisition, Rehabilitation and Construction
  • Tenant-Based Rental Assistance
Affordability requirements:
  • Varies by activity Rental & rental assistance beneficiaries: 90 percent of households at or below 60% AMI
Geography funding is available to :
Non-PJs: Local governments and eligible organizations Participating jurisdictions
Maximum financial assistance per project:
Varies by activity
Additional notes or requirements:
*HUD sets limits on homeownership sales price (for new and existing construction) and maximum rents. *Note that for construction, the project would be subject to the Davis-Bacon Act, which requires any development projects receiving that funding to pay all laborers federal prevailing wages and provide fringe benefits.
Links to more information:
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