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?

Geographic LimitationsInclude funding designated for:

Funding Sources Inventory

Displaying 1 - 3 of 3
Start Over
Community Development Block Grant (CDBG)
CDBG provides federal funding for activities that benefit low- and moderate-income households and prevent slums and blight. The Colorado Division of Housing (DOH) administers the CDBG program for municipalities that do not receive CDBG funds directly. Units of local government (including counties) that do not receive funds directly can apply to DOH through on a monthly basis; local governments may apply on behalf of nonprofits. DOH provides grants for the acquisition, rehabilitation, or installation of public facilities (e.g., sewer and water systems, commercial streetscape improvements, community centers, food banks, shelters, health clinics). Entitlement communities receive CDBG funding directly.
Details
Eligible home types:
Varies based on activity
Eligible recipients:
  • Local governments
  • Community Housing Development Organizations (CHDOs)
  • Non-profit and for-profit housing developers
Eligible uses:
  • Acquisition of real property
  • Relocation and demolition
  • Rehabilitation (residential & non-residential)
  • Public facilities
  • Public services (limited)
  • Energy conservation
  • Economic development activities
    *Cannot be used for construction of new homes
Affordability requirements:
At least 70 percent of activities need to benefit low and moderate-income households
Geography funding is available to :
  • Non-entitlement: All units of local government (including counties)
  • Entitlement communities
Maximum financial assistance per project:
Varies by activity
Additional notes or requirements:
* Note that for construction with exceptions, 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:
Choice Neighborhoods 
The Choice Neighborhoods program leverages significant public and private dollars to support locally driven strategies that address struggling neighborhoods with distressed public or HUD-assisted housing through a comprehensive approach to neighborhood transformation. Local leaders, residents, and stakeholders, such as public housing authorities, cities, schools, police, business owners, nonprofits, and private developers, come together to create and implement a plan that revitalizes distressed HUD housing and addresses the challenges in the surrounding neighborhood. The program helps communities transform neighborhoods by revitalizing severely distressed public and/or assisted housing and catalyzing critical improvements in the neighborhood, including vacant property, housing, businesses, services and schools.
Details
Eligible home types:
Mixed-income multifamily properties that are replacing distressed public or assisted housing
Eligible recipients:
PHAs, local governments, tribal entities, and nonprofits
Eligible uses:
Planning grants: development of a comprehensive neighborhood Transformation Plan, plus "Early Action Activities" (i.e. physical neighborhood improvements that enhance and accelerate the transformation of the neighborhood) as identified through the planning process. The following types of activities may be considered Early Action Activities: reclaiming vacant property, beautification/placemaking/community arts projects, homeowner and business facade improvement programs, neighborhood broadband/Wi-Fi infrastructure and installation, fresh food initiatives, and gap financing for economic development projects. Note: housing development activates are not eligible to receive funding through Choice Neighborhoods planning grants. Implementation grants: replacement of distressed public and assisted housing with high-quality mixed-income housing and revitalization of existing housing that is receiving project-based rental assistance (PBRA). Additionally, up to 15% of implementation grants may support services for residents and another 15% may be used for critical community improvements that will support broader neighborhood reinvestment. Critical community improvements include: financing for commercial space, micro loan funds, business improvement grants/loans, homeowner facade improvement programs, placemaking, neighborhood Wi-Fi, parks related to housing, food incubators, and urban farms.
Affordability requirements:
Transformation Plans must demonstrate that each current tenant will be able to receive the replacement housing, if they are lease-compliant at the time of relocation and they wish to return. Plans must provide an adequate number of replacement housing units that can be occupied by households with incomes up to 80 percent AMI (i.e. they cannot be subject to requirements to serve a lower income level by another funding source). Any redevelopment activities funded by Choice Neighborhoods implementation grants must meet a one-for-one replacement requirement for any public and/or assisted housing units.
Geography funding is available to :
Neighborhoods where at least 20% of residents are estimated to be in poverty or have extremely low-incomes
Maximum financial assistance per project:
$500,000
Additional notes or requirements:
Within planning grants, Early Action Activities must be approved by HUD and completed within the first 24 months of the grant. Housing funded by the Choice Neighborhoods program must be energy efficient, climate resistant and sustainable. It must also meet the requirements of accessible design and offer affordable broadband Internet access. Davis-Bacon wage requirements apply to the development of any replacement housing rental units or homeownership units developed with Choice Neighborhoods Implementation Grant funds.
Links to more information:
More Housing Now and Land Use Initiative
The More Housing Now and Land Use Initiative is a program of DOLA to support local governments to adopt land use and other strategies to increase the opportunity for affordable and attainable housing development. This initiative helps address the significant demand for local government infrastructure to support these projects.
Details
Eligible home types: Multifamily and single-family
Eligible recipients: Local governments
Eligible uses: Infrastructure projects that support affordable and attainable housing goals including: water, sewer, streetscape or placemaking improvements, and preliminary planning and analysis technical assistance
Affordability requirements: Rural and Urban Communities: up to 140% AMI for rental and ownership, Rural Resort Communities: Up to 140% for rental and 160% for ownership
Geography funding is available to : Statewide
Maximum financial assistance per project: up to $1,000,000
Additional notes or requirements:
Links to more information: https://dlg.colorado.gov/more-housing-now-land-use-initiative
Displaying 1 - 1 of 1
Start Over
Community Development Block Grant (CDBG)
CDBG provides federal funding for activities that benefit low- and moderate-income households and prevent slums and blight. The Colorado Division of Housing (DOH) administers the CDBG program for municipalities that do not receive CDBG funds directly. Units of local government (including counties) that do not receive funds directly can apply to DOH through on a monthly basis; local governments may apply on behalf of nonprofits. DOH provides grants for the acquisition, rehabilitation, or installation of public facilities (e.g., sewer and water systems, commercial streetscape improvements, community centers, food banks, shelters, health clinics). Entitlement communities receive CDBG funding directly.
Details
Eligible home types:
Varies based on activity
Eligible recipients:
  • Local governments
  • Community Housing Development Organizations (CHDOs)
  • Non-profit and for-profit housing developers
Eligible uses:
  • Acquisition of real property
  • Relocation and demolition
  • Rehabilitation (residential & non-residential)
  • Public facilities
  • Public services (limited)
  • Energy conservation
  • Economic development activities
    *Cannot be used for construction of new homes
Affordability requirements:
At least 70 percent of activities need to benefit low and moderate-income households
Geography funding is available to :
  • Non-entitlement: All units of local government (including counties)
  • Entitlement communities
Maximum financial assistance per project:
Varies by activity
Additional notes or requirements:
* Note that for construction with exceptions, 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:
Back to top