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:

Funding TypeInclude the following type(s) of funding:

Affordability RequirementsShow funding that may have affordability requirements?

Geographic LimitationsInclude funding designated for:

Funding Sources Inventory

Displaying 1 - 23 of 23
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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:
Colorado Housing Investment Fund (CHIF)
CHIF, which was created from mortgage settlement funds, is a revolving loan fund designed to address Colorado’s need for affordable rental housing. Funding can be used by eligible borrowers in two ways: 1) short term, low interest loans to bridge permanent financing sources; and 2) short term loan guarantees for new construction and rehabilitation.
Details
Eligible home types:
Loan pool:
  • Rental properties that serve households below 60% AMI
  • Mixed-income developments that serve persons with disabilities, veterans, or persons experiencing homelessness Loan guarantee:
  • Rental properties that serve households below 60% AMI
  • Mixed-income developments
  • Projects that create future market demand due to an event (e.g., new transit; voucher award; new employer)
Eligible recipients:
Loan pool: nonprofits; for-profits; housing authorities Loan guarantee: nonprofits; for-profits; housing authorities
Eligible uses:
Loan pool: acquisitions; bridge loans; new construction; rehabilitation Loan guarantee: new construction; rehabilitation
Affordability requirements:
Loan pool: Minimum affordability period of 30 years; households at or below 60% AMI Loan guarantee: Minimum affordability period of 30 years
Geography funding is available to :
Loan pool: Statewide Loan guarantee: Statewide
Maximum financial assistance per project:
Loan pool: Up to $3 million Loan guarantee: Up to $2 million
Additional notes or requirements:
Consult DOH Housing Development Specialist for more information.
Links to more information:
National Housing Trust Fund (HTF)
The National Housing Trust Fund provides Colorado with grant funding to increase and preserve affordable housing for extremely low-income households, those earning at or below 30% AMI. HTF dollars are awarded annually based on a formula to the Department of Local Affairs, who in turn sets priorities for their use across the state in its HTF Allocation Plan and solicits for applications to award this funding.
Details
Eligible home types:
  • Multifamily
  • Single-family
Eligible recipients:
  • Nonprofit developers
  • Housing Authorities
  • Local Governments
Eligible uses:
  • Acquisition
  • Site improvements and hard costs
  • Soft costs
  • Demolition
  • New construction
  • Property Acquisition
  • Rehabilitation of existing units
  • Financing costs
  • Relocation assistance
  • Operating cost assistance for rental housing (up to 30% of each grant)
  • Administration and planning
Affordability requirements:
Households earning no more than 30% AMI
Geography funding is available to :
Statewide
Maximum financial assistance per project:
Determined by DOH
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:
CDBG-DR 
Colorado uses its allocation of CDBG-DR funding from the federal government for a variety of housing assistance and finance programs, including disaster recovery funding for multifamily housing construction. The CDBG-DR Multifamily Housing Construction Loan provides loans for affordable rental property construction and repair, in accordance with the state's Action Plan.
Details
Eligible home types:
  • Multifamily rental properties
  • Mixed-income developments
Eligible recipients:
  • Local governments
  • Housing authorities
  • For-profits
  • Non-profits
Eligible uses:
  • Acquisition
  • Bridge loans
  • New construction
  • Rehabilitation
Affordability requirements:
  • 30 year affordability period
Geography funding is available to :
Statewide (to be used in disaster-affected areas following a declared disaster)
Maximum financial assistance per project:
Up to $4 million
Additional notes or requirements:
Links to more information:
Tribal Housing Activities Loan Guarantee Program (Title VI) 
The purpose of the Title VI loan guarantee is to assist Indian Housing Block Grant (IHBG) recipients (borrowers) who want to finance additional grant-eligible construction or development at today’s costs. Tribes can use a variety of funding sources in combination with Title VI financing, such as low-income housing tax credits.
Details
Eligible home types:
All (anything eligible for IHBG is eligible for Title VI)
Eligible recipients:
IHBG recipients (i.e. Federally Recognized Tribes, Alaska Native Villages, and Tribally Designated Housing Entities [TDHEs])
Eligible uses:
Create new housing Rehabilitate housing Build infrastructure Construct community facilities Acquire land to be used for housing Prepare architectural & engineering plans Fund financing costs
Affordability requirements:
Grant funds must be used to primarily benefit low-income Native families
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
The maximum guarantee amount that a tribe/TDHE can borrow is approximately five times the need portion of the annual IHBG allocation. There is no minimum loan size.. A tribe/TDHE may have one or more Title VI loans, but the combined total may not exceed the maximum guarantee amount.
Additional notes or requirements:
Links to more information:
Indian Community Development Block Grant (ICDBG) 
The Indian Community Development Block Grant (ICDBG) program provides direct grants for activities related to housing, community facilities, and economic opportunities, primarily for low- and moderate-income persons.
Details
Eligible home types:
All
Eligible recipients:
Federally-recognized tribal nations and Alaska Native villages
Eligible uses:
Housing (primarily rehabilitation and land acquisition for new construction, but also new housing construction in some circumstances) Community facilities (infrastructure for and construction of community buildings) Economic development projects
Affordability requirements: Program funds are required to principally benefit low- and moderate-income persons
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Determined annually (specified in each NOFA)
Additional notes or requirements:
ICDBG funds are exempt from federal prevailing wage requirements
Links to more information:
HUD Section 202 
HUD provides capital advances to finance the construction, rehabilitation or acquisition with or without rehabilitation of structures that will serve as supportive housing for very low-income elderly persons, including the frail elderly, and provides rent subsidies for the projects to help make them affordable.
Details
Eligible home types:
Supportive housing *if combined with additional financing, units funded with Section 202 may be included in buildings that offer other types of residential units (e.g. market rate units) or commercial space, so long as the 202 funding is only used for units serving very low-income elderly persons.
Eligible recipients:
Private nonprofit organizations and some nonprofit consumer cooperatives
Eligible uses:
Construction, rehabilitation or acquisition (with or without rehabilitation) of supportive housing
Affordability requirements:
At least one adult member of the household applying must be at least 62 years old; household must make less than 50% of the Area Median Income (AMI) of the location of the property; Residents at Section 202 properties are typically charged 30% of their adjusted income for rent.
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Varies based on project type and size (will be specified in the Notice of Funding Availability released by HUD to award the funds)
Additional notes or requirements:
Each project must have a supportive services plan. Davis-Bacon requirements apply to projects financed with Section 202. All new construction and substantial (gut) rehabilitation projects financed with Section 202 must meet certain design requirements related to water and energy efficiency, broadband infrastructure, and accessibility. Projects developed with Section 202 must be in compliance with NEPA.
Links to more information:
Small Balance Loan Program
Loans for the purchase or refinancing of small apartment buildings (targeting 5 to 50 units), ranging from $1 million to $7.5 million.
Details
Eligible home types:
Multifamily housing with 5+ residential units, except: senior housing with support services, student housing, military housing, properties with project-based housing assistance payment contracts, LIHTC properties with LURAs in compliance years 1 through 12, Historic Tax Credit properties with a master lease structure, and properties with tax-exempt bonds Interest Reduction Payments. Non-contiguous properties within the same zip code and mixed use buildings may be allowed.
Eligible recipients:
Limited partnerships; limited liability companies; Single Asset Entities; Special Purpose Entities; tenancy in common with up to five unrelated members; and irrevocable trusts with an individual guarantor
Eligible uses:
Acquisition or refinance of multifamily properties
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Loan size may range from $1 million up to $7.5 million. Maximum LTV typically ranges from 70 to 80% depending on the market and type of project (purchase vs. refinance).
Additional notes or requirements:
Links to more information:
Housing Opportunity Fund (HOF)
CHFA HOF provides up to $1 million in flexible gap financing, which can be paired with any of CHFA’s senior debt programs as secondary financing, used as a first mortgage loan, or as an interest rate subsidy.
Details
Eligible home types:
All
Eligible recipients:
All affordable housing types
Eligible uses:
Acquisition, new construction, and substantial rehabilitation
Affordability requirements:
Minimum AMI Restrictions: 20% at 50% AMI or 40% at 60% AMI
Geography funding is available to :
Colorado
Maximum financial assistance per project:
$1 million. Maximum LTV: 90%. Minimum DCR: 1.15x (first loan) or 1.05x (combined with all hard debt)
Additional notes or requirements:
Must conform with CHFA Credit Policy, including operating and replacement reserve requirements (when the HOF program is used as a first mortgage or senior debt; reserve requirements are not in place if HOF is used as secondary or tertiary debt). Replacement Reserve deposits and tax/insurance escrows are required once the project converts to the permanent period. For new construction projects, the minimum Replacement Reserve deposit is $250 per unit per year for senior properties, $300 per unit per year for family properties, and $350 per unit per year for permanent supportive housing properties. For acquisition/rehab properties, the corresponding reserves minimums would be increased by $50 per unit per year. CHFA must be the senior lender if this funding is used.
Links to more information:
Small-scale Housing Permanent Loan
The Small-scale Housing Permanent Loan program provides up to $2.5 million of uninsured permanent financing for four- to 19-unit multifamily rental properties. This innovative program provides critical long term financing to smaller properties from a trusted partner.
Details
Eligible home types:
Rental housing properties with between 4 and 19 units
Eligible recipients:
Small-scale developers
Eligible uses:
New construction, acquisition/rehab, and refinances
Affordability requirements:
A total of 75% of the project units must be available and affordable to residents earning up to 120% Area Median Income (AMI). In addition, 20% of the total units must be restricted to residents earning 80% AMI or less.
Geography funding is available to :
Colorado
Maximum financial assistance per project:
Up to $2.5 million. Lesser of 85% LTV or 90% of development costs. DCR: 1.20 Amount supportable by the project's stabilized net operating income.
Additional notes or requirements:
Market Study or Housing Needs Assessment must demonstrate demand for the proposed project. There is a six-month reserve requirement for operating expenses and debt service, with a minimum replacement reserve requirement at $350/unit/year, increasing annually by 3%. A Phase I environmental assessment, at a minimum, is required for all projects. If the project involves an existing building constructed before 1978 that has no documentation of previous abatement, a lead-based paint and asbestos-containing materials report must be submitted along with a plan for abatement during rehab and/or an Operations and Maintenance Manual for managing the hazards in place. Radon testing is required after the project is complete and appropriate mitigation provided if radon levels are higher than the EPA-recommended threshold for abatement action.
Links to more information:
Middle Income Access Program (MIAP)
The Middle Income Affordable Development Program (MIAP) addresses the middle income, sometimes referred to as the “missing middle,” population with incomes too high for LIHTC units but often overburdened by market rents. Typically, the missing middle is comprised of renters whose income is between 80 percent and 120 percent Area Median Income (AMI).
Details
Eligible home types:
Rental housing
Eligible recipients:
Any developer
Eligible uses:
Acquisition, new construction, and rehabilitation
Affordability requirements:
At least 20% of the units must be restricted to households at 80% or less of AMI, and up to 75% of the total units over and above the 80% units must be restricted to households at 120% AMI
Geography funding is available to :
Colorado
Maximum financial assistance per project:
Lesser of 90% LTV or development costs for all must-pay debt, Debt Service Coverage: 1.10 minimum combined with the first mortgage. Amount supportable by the project’s stabilized net operating income.
Additional notes or requirements:
Must conform with CHFA Credit Policy, including operating and replacement reserve requirements
Links to more information:
Sizeable Multifamily Affordable Risk Share Tool (SMART)
SMART provides $3-$6 million in permanent insured financing, featuring up to 40-year fixed rates and one of the lowest FHA mortgage insurance premiums in the industry.
Details
Eligible home types:
Multifamily housing
Eligible recipients:
Developers of 4% and 9% Housing Tax Credit and non-Housing Credit projects
Eligible uses:
Acquisition, new construction, and rehabilitation
Affordability requirements:
Minimum AMI Restrictions: 20% at 50% AMI or 40% at 60% AMI
Geography funding is available to :
Colorado
Maximum financial assistance per project:
Lesser of 90% LTV or development costs. Minimum DCR: 1.15x
Additional notes or requirements:
CHFA uses the HFA/HUD 542(c) Risk Sharing program to offer this funding, which enhances CHFA's bonds and allows CHFA to borrow at more favorable rates. CHFA originates, underwrites, processes, and services the loans to projects. CHFA and HUD share 50/50 in the risk of loss of the mortgage in the event of an insurance claim. Conditional upon approval of HUD Risk Share insurance. Subject to HUD Environmental Risk Assessment. Davis Bacon wage requirements apply if Risk Share mortgage insurance is utilized during the construction phase (this program can provide uninsured construction financing or a construction loan insured by the HUD Risk Share program). Must conform with CHFA Credit Policy, including operating and replacement reserve requirements. For new construction projects, the minimum Replacement Reserve deposit is $250 per unit per year for senior properties, $300 per unit per year for family properties, and $350 per unit per year for permanent supportive housing properties. For acquisition/rehab properties, the corresponding reserves minimums would be increased by $50 per unit per year.
Links to more information:
Mercy Community Capital
Mercy Community Capital is a financially sound Community Development Financial Institution (CDFI) that exclusively serves affordable housing communities by providing reliable, flexible funding to socially-responsible community developers in support of affordable housing and essential community infrastructure projects.
Details
Eligible home types:
Multi‐ or single‐family properties serving households at 80% AMI or less. Loans for mixed‐income properties may be sized in proportion to the number of affordable units
Eligible recipients:
Mission-driven affordable housing developers: nonprofit and community development corporations, limited partnerships with a nonprofit managing general partner; Consumer-controlled cooperatives, mission driven for profit developers of affordable housing, and Public housing authorities.
Eligible uses:
Acquisition Construction and rehabilitation Infrastructure development (land development) Predevelopment
Affordability requirements:
Up to 80% AMI with long-term affordability requirements (for homeownership properties, prefer 10 years or more, and for rental properties, 40 years or more)
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
$4-5 million (minimum loan amount of $500,000, but loans outside this range will also be considered). Maximum LTV: up to 90% Minimum DCR: 1.15x.
Additional notes or requirements:
Links to more information:
Community Housing Capital
Community Housing Capital (CHC) is certified as a community development financial institution (CDFI) and 501(c)(3) created to facilitate the creation and preservation of affordable housing.
Details
Eligible home types:
Multifamily or single-family
Eligible recipients:
Nonprofit developers in the NeighborWorks network
Eligible uses:
Predevelopment Acquisition Construction Rehabilitation
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Up to $10 million. Varies per loan product.
Additional notes or requirements:
Links to more information:
Housing Assistance Council
HAC is a certified Community Development Financial Institution (CDFI) focused on improving housing and living standards for rural low- and very low-income households and supporting development of new affordable housing in rural America.
Details
Eligible home types:
  • Subdivisions and new single or multifamily housing units,
  • preservation and rehabilitation of existing affordable housing including USDA RD Sec 515 and 514 units,
  • HUD-subsidized housing and
  • naturally occurring affordable housing.
  • or multifamily housing units
Eligible recipients:
All rural housing developers (Community-based, nonprofit organizations, housing development corporations, for-profit developers, self
  • help housing sponsors, farm worker organizations, cooperatives, land trusts, Indian tribes, public agencies and units of local government)
Eligible uses:
Predevelopment New construction Acquisition and rehabilitation
Affordability requirements:
None
Geography funding is available to :
Rural areas nationwide (as designated by FHFA Duty to Serve Rural Definitions or USDA Housing Programs Eligibility)
Maximum financial assistance per project:
Varies
Additional notes or requirements:
Links to more information:
Housing Partnership Fund
The Housing Partnership Network created the Housing Partnership Fund (HPF) in 2001 as its lending arm to meet its members’ growing needs for flexible, early stage financing for affordable housing development. Nationally, HPF serves nonprofit developers focused solely on uplifting low-income populations, using housing as a platform to leverage better health, school, and personal wealth building outcomes. The Fund raises capital from major private, public and philanthropic institutions to drive impact through its investments in members and HPN social enterprises. HPF is a US Treasury certified Community Development Financial Institution (CDFI) and has a Four Star Policy Plus AA- rating from Aeris.
Details
Eligible home types:
Multifamily or single-family or multifamily housing units
Eligible recipients:
Members of the Housing Partnership Network
Eligible uses:
Acquisition, Development, and Preservation
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
$1-3 million for predevelopment/acquisition. $15 million for acquisition/preservation of existing rental projects. $3 million for bridge to construction closing loans.
Additional notes or requirements:
Links to more information:
National Housing Trust
NHT Community Development Fund (NHTCDF), a Community Development Financial Institution (CDFI), has deployed more than $44 million in loans, preserved more than 13,000 affordable units, and leveraged more than one billion in capital by providing quality, affordable loan products.
Details
Eligible home types:
Multifamily or single-family (only multifamily for energy efficiency loans)
Eligible recipients:
Any affordable housing developer (for most products, except Community Land Trust loans, which are limited to Community Land Trusts)
Eligible uses:
Pre-development Acquisition Property improvements that reduce energy and water consumption
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
$1.5 million for predevelopment. $2.5-5 million for acquisition. $750,000 for community land trusts.
Additional notes or requirements:
Links to more information:
NeighborWorks Capital
NeighborWorks Capital delivers the flexible capital needed by NeighborWorks America affiliates to provide affordable homes and strengthen communities. NeighborWorks Capital is a national non-profit, certified Community Development Financial Institution and rated by Aeris-Insight.
Details
Eligible home types:
Multifamily or single-family
Eligible recipients:
NeighborWorks network members
Eligible uses:
Acquisition, Construction, Predevelopment, Permanent, Line of Credit, Enterprise Capital
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
$10 million for acquisition, construction, permanent loans. $7.5 million for permanent, and Line of Credit for multifamily acquisition loans. $5 million for Line of Credit for single family construction. $2 million for predevelopment loans.
Additional notes or requirements:
Links to more information:
Partners for the Common Good
PCG is a certified Community Development Financial Institution (CDFI) that was created as a vehicle to allow socially conscious investors to put their money to work serving communities left out of the economic mainstream. PCG moves the economy forward by financing community development and encouraging community engagement.
Details
Eligible home types:
Any that have tangible benefits for low-income individuals (including affordable housing and community facilities, amongst others)
Eligible recipients:
Any borrower engaged in projects that primarily serve low-income people, with support of the local community, but that cannot be adequately served by conventional sources of financing
Eligible uses:
Acquisition Construction and/or rehabilitation Preservation
Affordability requirements:
Must include units affordable to low-income people
Geography funding is available to :
Nationwide, with a focus on low-income communities
Maximum financial assistance per project:
$1,750,000 Maximum LTV: 90%. Minimum DCR: 1.10x on some loan types
Additional notes or requirements:
Projects that are environmentally sensitive and contribute demonstrably to healthy communities are prioritized.
Links to more information:
RCAC
Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC financing helps developers build single and multifamily affordable housing units for low-income families.
Details
Eligible home types:
Multifamily and single-family, including manufactured home parks
Eligible recipients:
Nonprofit developers, local government agencies, and tribal governments
Eligible uses:
Acquisition Pre-development Site development Construction Green building
Affordability requirements:
Housing must serve very-low or low-income households (mixed income projects are eligible, but RCAC financing is limited to the low-income portion of the project)
Geography funding is available to :
Rural areas with populations of 50,000 or less in 11 western states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah and Washington. 
Maximum financial assistance per project:
Varies by project ($3 million for acquisition or construction)
Additional notes or requirements: Applications are accepted year-round, and you can apply through your local USDA RD office. A list of USDA RD offices are available at this link: tinyurl.com/RDStateOffices.
Links to more information:
Colorado Affordable Housing Financing Fund
The Colorado Affordable Housing Financing Fund supports land banking, equity, and concessionary debt for affordable housing. The Fund was created after Colorado voters passed Proposition 123, a ballot measure authorizing the state to retain money from existing state tax revenue to support affordable housing investment. The Fund is managed by the Office of Economic Development and International Trade (OEDIT) in partnership with CHFA.
Details
Eligible home types: To be eligible, projects seeking support must be located in a jurisdiction that has completed a Proposition 123 Local Government Affordable Housing Commitment with DOLA.
Eligible recipients: Local and tribal governments, nonprofits, for-profits, governmental entities including housing authorities
Eligible uses: acquisition and preservation of land, creation or preservation of low- and middle-income multifamily rental development, creation or preservation of modular and factory build manufacturers
Affordability requirements: Affordability requirements vary depending on program, however must serve individuals and families earning at or below specified AMIs
Geography funding is available to : Statewide
Maximum financial assistance per project: Varies depending on program
Additional notes or requirements:
Links to more information: https://coloradoaffordablehousingfinancingfund.com/ https://cdola.colorado.gov/prop123
Denver Regional Transit-Oriented Development Fund
Operated by Enterprise Community Partners, the Fund provides financing for the acquisition of property alongside transit corridors for the preservation or development of affordable housing and community facilities.
Details
Eligible home types: Multifamily affordable rental housing (for-sale may be considered), mixed-use
Eligible recipients: Multifamily affordable housing developers
Eligible uses: Land acquisition, new construction, or preservation
Affordability requirements:
Geography funding is available to : Located in the seven-county Denver Metro Area; and within 1/2 mile of existing or future fixed rail station or within 1/4 mile of a high frequency bus corridor (City and County of Denver); or within 1/2 mile of an existing or future fixed rail station or bus corridor (region)
Maximum financial assistance per project: Up to $5 million for vacant land/non-operating properties, Up to $7.5 million for preservation
Additional notes or requirements:
Links to more information: https://www.enterprisecommunity.org/resources/denver-regional-tod-fund-term-sheet
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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:
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