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?

Funding Sources Inventory

Displaying 1 - 2 of 2
Start Over
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:
Colorado State Affordable Housing Fund
The Colorado State Affordable Housing Fund provides funding for various homeownership and homelessness programs administered by DOLA. 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 DOLA.
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: Nonprofit agencies, community land trusts, private entities, and local governments
Eligible uses: Homeownership, homelessness, and local capacity planning
Affordability requirements: Affordability requirements vary depending on program
Geography funding is available to : Statewide
Maximum financial assistance per project: Varies depending on program
Additional notes or requirements:
Links to more information: https://cdola.colorado.gov/prop123
Displaying 1 - 1 of 1
Start Over
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:
Back to top