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:
Includes homebuyer assistance, assistance for low-income individuals or families purchasing homes in rural areas, homeownership activities, and mortgage assistance.
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.
Middle-income Housing Authority
The Middle Income Housing Authority (MIHA) is a special purpose authority whose purpose is to promote affordable rental housing projects for the middle-income workforce in Colorado. The primary tools offered by MIHA include issuing bonds and entering into public-private partnerships to finance affordable rental housing projects.
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.
Middle-income Housing Tax Credit
Authorized in House Bill 24-1316, CHFA introduced a pilot program, the Middle-income Housing Tax Credit (MIHTC). This new program will support the development of affordable rental housing serving residents with middle income, earning between 80% and 120% AMI and up to 140% in rural resort communities.
Transit-oriented Communities Tax Credit
Authorized in House Bill 24-1434, CHFA introduced a new state Housing Tax Credit, the Transit-oriented Communities (TOC) credit. This resource will support the development of affordable rental housing in transit areas and transit centers or neighborhood centers with a transit-oriented community.
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.
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.
Disaster Loan Assistance (US SBA)
The Small Business Administration offers low-interest loans to businesses, nonprofits, homeowners, and renters located in regions affected by declared disasters via their Disaster Loan Assistance program. Loans can cover costs associated with homeowners' primary residence; renter's real property; and repair and replacement of real property for eligible rental property owners.
USDA Single Family Housing Direct Home Loans (aka Section 502 loans)
This program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.
Public Housing Capital Fund
The Public and Indian Housing (PIH) Office of Capital Improvements administers the Capital Fund. The Capital Fund provides funds, annually, to Public Housing Agencies (PHAs) for the development, financing, and modernization of public housing developments and for management improvements.
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.
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.