- CHFA Welcomes New and Returning Board Members
- CHFA Announces 2025 Middle-income Housing Tax Credit Awards
- Direct Effect Round Two Opens August 18th
- Homeownership Sweepstakes Winner Announced
- Rent Reporting for Credit Program Launched
- David W. Herlinger Golf Tournament
- CHFA in the Community
| | chfa welcomes new and returning board members | Governor Jared Polis recently announced the appointment of Beth Klein and Pat Meyers, and reappointment of Sylvia Wirba, to CHFA’s Board of Directors. CHFA’s 11-member Board serves as the governing body of the organization and establishes policies to further its mission of affordable housing and community development. | | | | | chfa announces 2025 middle-income housing tax credit awards | |
CHFA has completed its inaugural award round of Middle-income Housing Tax Credits (MIHTC), allocating $4,832,748 in state MIHTC to three developments that will support the construction of 220 affordable middle-income rental housing units. The supported developments will be located in Denver and Fraser.
Established by HB24-1316, MIHTC is a five-year pilot program that supports the development of rental housing for Coloradans with middle incomes. The housing will support renters whose incomes are too high to qualify for housing supported with traditional resources such as federal Housing Tax Credits, but who may still be overburdened by market rents.
| | direct effect round two opens august 18 | CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development. Beginning August 18th, applications will be accepted for 2025 Round Two Awards. Applications will be accepted through September 12th, and awardees will be notified in December. Round One awardees will be notified later this week. | | | | | homeownership sweepstakes winner announced | In June, to celebrate National Homeownership Month, CHFA invited CHFA homeowners to share how owning their home has changed their life for a chance to win a $1,000 Visa gift card. After receiving more than 150 eligible entries, David from Wellington was randomly selected as the winner! “When we moved to Colorado eight years ago, we fell in love with all its beauty,” said David. “But for a long time, owning a home here felt out of reach. We honestly thought we’d have to leave the place we loved just to find something affordable. CHFA changed that.” Congratulations, David! | | rent reporting for credit program launched | |
CHFA has announced a partnership with Esusu, Inc.—a leading financial technology company leveraging positive rent reporting for credit building—to sponsor rent reporting services for tenants living in CHFA-supported properties. This new partnership builds on the success of the Rent Reporting for Credit Pilot Program established by HB21-1134 and administered by CHFA between 2021-2024.
Rent payments are not traditionally considered in credit scoring, though rent is often a household’s largest and most consistent payment each month. Esusu’s rent reporting service works with property management platforms to track and automatically report positive rent payments to the three major credit bureaus. CHFA will sponsor the Rent Reporting Program for up to 20,000 low- and moderate-income households living across the state who are renting in a multifamily property that has received financial investment from CHFA.
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| | | david w. herlinger golf tournament | |
On August 12th, CHFA will host its annual golf tournament, which is named to posthumously honor CHFA’s former Executive Director and is an ongoing tribute to his years of dedication and passion for our mission. The 2025 event will be held at Arrowhead Golf Club in Littleton, and additional information about the tournament is available on the CHFA website.
Every year, CHFA’s golf tournament raises funds to support nonprofits whose work aligns with CHFA's mission of investing in affordable housing and community development. This year, the tournament proceeds will support Montbello Organizing Committee (MOC), a nonprofit dedicated to energizing and supporting Montbello stakeholders and resident leaders in their efforts to proactively and responsibly tackle the critical issues impacting their quality of life. MOC identifies and addresses many challenges the community faces, including lack of affordable housing. Those wishing to join CHFA in supporting the work of MOC are encouraged to make a donation.
| | Follow CHFA on social media to keep up with our involvement at various happenings around Colorado. Over the next months, you can find us in attendance and/or proudly sponsoring the following events across the state. | |
Week of August 4 – August 10
Week of August 11 – August 17
Week of August 18 – August 24
Week of August 25 – August 31
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CHFA Community Relationship Managers:
| | Trisha Herman, Community Relationship Manager, Eastern Colorado | |  | Kaylee Romero, Community Relationship Manager, South Central Colorado | | Caroline Trani, Community Relationship Manager, Southern Colorado | | | Chris Lopez, Community Relationship Manager, Southwest Colorado | | Margie Joy, Community Relationship Manager, Western Slope Colorado | | | John Plakorus, Manager, Regional Community Relationships | | Stay informed by signing up for this Community Connections eNewsletter. This monthly eNewsletter provides general CHFA news along with a closer look at how local communities are addressing their unique affordable housing and economic development needs. | | This eNewsletter may contain links to other websites or third party materials. Links to external or third party websites or materials are provided solely for your convenience. The presence of a link does not imply any endorsement of the third party material, the website, its content or any association with the third party or website's operators by CHFA. Third-party websites or materials may be governed by their own privacy policy and terms of use, and the third party is solely responsible for the content and offerings presented on its website or in its materials. CHFA makes no representation and accepts no responsibility or liability regarding the accuracy, quality, safety, suitability or reliability of any third party material(s), external website or the content or materials of such websites. Use of linked sites is strictly at your own risk. | | With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority prohibits unlawful discrimination against applicants or employees on the basis of age 40 years and over, race, sex, sexual orientation, gender identity, gender expression, color, religion, national origin, disability, military status, genetic information, marital status or any other status protected by applicable federal, state or local law. Requests for reasonable accommodation, the provision of auxiliary aids, or any complaints alleging violation of this nondiscrimination policy should be directed to the Nondiscrimination Coordinator, 1.800.877.2432, TDD/TTY 800.659.2656, CHFA, 1981 Blake Street, Denver, Colorado 80202-1272, available weekdays 8:00am to 5:00pm MT. | | | | | |
