Colorado Housing Investment Fund (CHIF)
The Colorado Housing Investment Fund (CHIF) was created with $36 million from the Attorney General’s custodial funds to address Colorado’s need for affordable rental housing.
Home Investment Partnership Program (HOME)
Home Investment Partnership Program (HOME) dollars provide competitive funding to local government, non-profit and private developers. The purpose of the HOME Program is to address a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent or ownership or provide direct rental assistance to low-income people.
Housing Development Grant Funds (HDG)
The Housing Development Grant Funds (HDG) is a competitive grant that provides funds for acquisition, rehabilitation and new construction. The Fund was created by the Colorado state treasury and consists of monies allocated to the Colorado Affordable Housing Construction Grants Fund by the General Assembly. HDG funds improve, preserve or expand the supply of affordable housing, finance foreclosure prevention activities in Colorado and acquisition of housing and economic data necessary to advise the State Housing Board on local housing conditions.
Housing Development Loan Fund (HDLF)
The Housing Development Loan Fund (HDLF) was created to meet federal matching funds requirements. This fund makes loans for development, redevelopment or rehabilitation of low- or moderate-income housing. Loans provided through HDLF require collateral.
National Housing Trust Fund (HTF)
The National Housing Trust Fund is a new affordable housing production program administered by the U.S. Department of Housing and Urban development and capitalized through Fannie Mae and Freddie Mac. The program increases and preserves the supply of decent, safe, and sanitary affordable housing for extremely low-income households, those earning at or below 30% of the area median income (AMI).
Neighborhood Stabilization Program (NSP)
DOH administers federal NSP dollars to offset the negative impact of foreclosures on neighborhoods. Funds for the Neighborhood Stabilization Program (NSP) are directed to areas of greatest need to help stabilize property values.
The program serves households at or below 120 percent of the area median income (AMI) and a minimum of 25 percent of the funds must serve households at or below 50 percent of AMI. Eligible applicants are units of local government, nonprofit organizations, for-profit organizations (developers and contractors), and quasi-governmental entities (housing authorities and urban renewal authorities).
Transformational Housing Loan Fund
Transformational Housing Loan Fund provides grants or loans to affordable housing investment funds (Administrators) to enable the Administrators to continue their mission of providing low-interest, flexible and below-market financing (S/sub-notes) to developers and affordable housing providers for the creation or preservation of housing affordable to Extremely Low Income to Middle Income individuals and families throughout Colorado.