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 - 15 of 15
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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:
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:
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:
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:
Energy Outreach Colorado 
Energy Outreach Colorado offers funding and services to assist with the purchase and installation of energy efficient equipment (Nonprofit Energy Efficiency Program); and weatherization of affordable multifamily properties (Affordable Housing Weatherization Program).
Details
Eligible home types:
Nonprofit Energy Efficiency: N/A Affordable Housing Weatherization Program: Buildings of 2+ units
Eligible recipients:
Nonprofit Energy Efficiency: Nonprofits in Colorado with a core mission to serve low-income households (exceptions apply) Affordable Housing Weatherization Program: Property owners of buildings where 66% of households at or below 80% AMI
Eligible uses:
Nonprofit Energy Efficiency Program: energy assessments; project installation; equipment replacement Affordable Housing Weatherization Program: energy audits; resource navigation; equipment replacement
Affordability requirements:
N/A
Geography funding is available to :
Nonprofit Energy Efficiency: Statewide Affordable Housing Weatherization Program
Maximum financial assistance per project:
Varies
Additional notes or requirements:
Links to more information:
FEMA funding to Colorado 
The Federal Emergency Management Agency (FEMA) offers grants to mitigate hazards and increase resilience through a series of programs (Hazard Mitigation Loan Program for activities like structural retrofits; installation of mitigation features; and housing acquisition; Flood Mitigation Assistance for activities that reduce or eliminate flood risks) before and after a disaster. Some resources are available on a competitive basis throughout the entire state, while others are only available in declared disaster areas (see link).
Details
Eligible home types:
N/A
Eligible recipients:
  • State governments
  • Local governments
  • Tribal and territorial governments
Eligible uses:
Varies by program
Affordability requirements:
N/A
Geography funding is available to :
Varies *see specific program details.
Maximum financial assistance per project:
N/A
Additional notes or requirements:
Links to more information:
Indian Housing Block Grant (IHBG) 
The Indian Housing Block Grant (IHBG) program is a formula grant administered by HUD. Under the program, eligible Indian tribes and tribally-designated housing entities (TDHEs) receive grants to carry out a range of affordable housing activities.
Details
Eligible home types:
All
Eligible recipients:
Federally Recognized Tribes and Tribally Designated Housing Entities (TDHEs) who submit an Indian Housing Plan and complete Annual Performance Reports
Eligible uses:
Grant funds may be used to develop, maintain, and operate affordable housing in safe and healthy environments on Indian reservations and in other Indian areas, and carry out other affordable housing activities.
Affordability requirements:
Housing units available for low-income Indian families
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Varies
Additional notes or requirements:
HUD strongly encourages new affordable housing construction projects that will increase the number of housing units available for low-income Indian families and help address the housing shortage in Indian Country. Additionally, HUD encourages housing rehabilitation projects that will increase the useful life of existing affordable housing units and alleviate substandard housing conditions. HUD also encourages necessary affordable housing-related infrastructure projects that will enable future construction or rehabilitation. While HUD will give funding priority for new construction projects, rehabilitation projects, and related necessary infrastructure projects, applicants may also apply for funding to carry out other eligible activities under NAHASDA.
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:
Tribal HUD-VASH 
Tribal HUD-VASH combines rental assistance from HUD with case management, clinical and supportive services provides by VA specifically for Native American Veterans who are homeless or at risk of homelessness. Grant funding is available to federally-recognized Tribes and Tribally Designated Housing Entities (TDHEs) to administer this rental assistance, in partnership with the Department of Veterans Affairs (VA) who provides case management and supportive services to recipients of the assistance.
Details
Eligible home types:
Rental
Eligible recipients:
Federally-recognized tribal nations and TDHEs
Eligible uses:
Rental assistance for homeless Native American Veterans
Affordability requirements:
Serve Native American Veterans who are homeless or at risk of homelessness
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Rental assistance varies
Additional notes or requirements:
Links to more information:
Continuum of Care (CoC) program 
The CoC Program is designed to assist individuals (including unaccompanied youth) and families experiencing homelessness and to provide the services needed to help such individuals move into transitional and permanent housing, with the goal of long-term stability. More broadly, the CoC Program is designed to promote community-wide planning and strategic use of resources to address homelessness; improve coordination and integration with mainstream resources and other programs targeted to people experiencing homelessness; improve data collection and performance measurement; and allow each community to tailor its programs to the particular strengths and challenges in assisting homeless individuals and families within that community.
Details
Eligible home types:
  • Permanent supportive housing for persons with disabilities
  • Rapid re-housing (housing search and relocation services, plus short and medium-term rental assistance)
  • Transitional housing (up to 24 months of housing with accompanying supportive services)
  • Supportive services
Eligible recipients:
Private nonprofit organizations, States, local governments, public housing agencies, or instrumentalities of State or local government
Eligible uses:
Acquisition, rehabilitation, new construction Leasing costs Rental assistance costs (tenant-based, sponsor-based, or project-based) Supportive services costs Operating costs Costs related to collecting and managing client data via the Homeless Management Information System Program administration
Affordability requirements:
Housing resources must serve families experiencing homelessness (or who recently experienced homelessness)
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Varies annually based on HUD and local priorities, plus overall demand for funds
Additional notes or requirements:
All housing leased with CoC Program funds (including where rental assistance payments are made) must meet applicable Housing Quality Standards
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:
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.
Details
Eligible home types:
Public housing units
Eligible recipients:
Public Housing Agencies (PHAs)
Eligible uses:
Development, financing, and modernization of public housing projects, which includes redesign, reconstruction, and reconfiguration of public housing sites and buildings (including accessibility improvements) and development of mixed-finance projects. Vacancy reduction. Addressing deferred maintenance needs, including replacing obsolete utility systems. Planned code compliance or management improvements. Increasing on-site computer access and training. Resident relocation. Capital expenditures to facilitate programs to improve resident empowerment and economic self-sufficiency. Capital expenditures to improve safety and security of residents. Homeownership activities. Installing or changing fixtures and fittings to improve energy and water-use efficiency. Integrated utility management and capital planning.
Affordability requirements:
Public housing is limited to low-income families and individuals
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Each PHA's annual allocation is determined by formula (based on data submitted by each PHA about existing and accrued modernization needs)
Additional notes or requirements:
Davis-Bacon wage requirements apply for all work or contracts exceeding $2,000 in connection with development or modernization activities for a public housing project (except for non-routine maintenance work)
Links to more information:
Public Housing Operating Fund 
The Public Housing Operating Fund provides operating subsidies to housing authorities to assist in funding the operating and maintenance expenses of their own dwellings. The subsidies are required to help maintain services and provide minimum operating reserves.
Details
Eligible home types:
Public housing units
Eligible recipients:
Public Housing Agencies (PHAs)
Eligible uses:
PHA operations. A portion of operating reserves may be used for debt service, collateral, or other financing costs incurred by borrowing private capital to finance development and modernization of public housing. [see: https://www.hud.gov/sites/documents/OPFUND-FINANCING-GUIDE.PDF]
Affordability requirements:
Public housing is limited to low-income families and individuals
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Each PHA's annual allocation is determined by formula (based on data submitted by each PHA about their income and expenses)
Additional notes or requirements:
Links to more information:
Self-Help Homeownership Opportunity Program (SHOP)
The Self-Help Homeownership Opportunity Program (SHOP) awards grant funds to eligible national and regional nonprofit organizations and consortia to purchase home sites and develop or improve the infrastructure needed to set the stage for sweat equity and volunteer-based homeownership programs for low-income persons and families.
Details
Eligible home types:
Homeownership units
Eligible recipients:
National and regional nonprofit organizations or consortia with experience in using homebuyer and volunteer labor to build housing (applicants must have completed at least 30 units of self-help homeownership housing within the last 24 months)
Eligible uses:
Land acquisition Infrastructure improvements Administrative costs
Affordability requirements:
SHOP units must be sold below the appraised value of the property and the sale price must be reduced by the value of the homebuyer's sweat equity contribution. Homebuyers must have annual incomes equal to or less than 80% of the area median income for their household size to be eligible.

Grantees and affiliates are required to provide houses at prices below the market price to their homebuyers. Homebuyer sweat equity and volunteer labor will enable the grantee or affiliate to make the home available at a lower price.
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Land acquisition and infrastructure improvement costs cannot exceed an average of $25,000 in SHOP assistance per unit. Administrative costs cannot exceed 20% of the total SHOP grant amount.
Additional notes or requirements:
Energy efficiency measures are strongly encouraged, but not required. Water conservation measures (like use of WaterSense products) are required. SHOP units must meet accessibility requirements established by the Uniform Federal Accessibility Standards (UFAS) and grantees must comply with requirements under the Americans with Disabilities Act (ADA) when applicable. Volunteer participation from the community (professional or non-professional labor) is also required in developing SHOP units.
Links to more information:
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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:
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