May 2021
CHFA eNews
in this issue
chfa pilots new small-scale housing technical assistance program
CHFA has launched a new pilot program to help catalyze the development of small-scale affordable housing in historically difficult-to-develop areas by providing technical assistance.
2021 round one housing credit awards
CHFA is pleased to announce 13 developments will be awarded a reservation of federal Housing Tax Credits to support the new construction of 882 affordable apartments. These developments will seek to address various housing needs in Colorado, including those of veterans, formerly homeless individuals and families, and older adults. They will be located in Arvada, Broomfield, Commerce City, Lakewood, Delta, Denver, Fort Lupton, Littleton, Loveland, Pueblo, and Sterling.
climber: new fund unveiled to support colorado businesses
The Colorado Department of the Treasury, CHFA, and Office of Economic Development and International Trade (OEDIT) launched the Colorado Loans for Increasing Mainstreet Business and Economic Recovery (CLIMBER). CLIMBER is a statewide loan fund that will provide up to $250 million in working capital to Colorado small businesses through 2023. The CLIMBER Loan Fund, with loans of up to half a million dollars, is designed to catalyze borrowing that might not otherwise be available. Read the news release to learn more.
amber hills named chfa board chair
CHFA is pleased to announce that Amber Hills, president of FirstBank’s Southwest Market, has been named chair of CHFA’s board of directors.
reaching regions: chfa collaborations around colorado
San Luis Valley Programs
Antonito Working Together organized an Entrepreneurship Camp for Antonito High School students. Downtown Colorado, Inc. launched an initiative to leverage investment for local social entrepreneurship. 
SoCo Entrepreneurship Competition
The Healy Center at CSU Pueblo recently held its Southern Colorado (SoCo) Entrepreneurship Competition. This program promotes business development and features a student and adult competition.
Homegrown Talent Initiative
The Homegrown Talent Initiative is a statewide partnership that supports regional cohorts of communities to create career-connected learning experiences for K-12 students aligned with the needs of their local economies.
community projects addressing housing needs
Denver’s Expanding Housing Affordability Project
The City and County of Denver’s Expanding Housing Affordability Project is an effort to promote affordable housing through policy tools and incentives.

Interfaith Alliance Safe Outdoor Spaces
Congratulations to Interfaith Alliance of Colorado and Colorado Village Collaborative for spearheading the adoption of safe outdoor spaces in Denver and other parts of Colorado. This unique model is the first of its kind for Colorado, providing a specialized camping program for those experiencing homelessness during the pandemic.
groundbreakings and grand openings of affordable housing
new chfa webinars for homebuyers
CHFA is offering free live webinars for prospective homebuyers. Learn about the steps to homeownership and/or CHFA home mortgage loan programs at an upcoming class.
apply for direct effect awards
CHFA’s Direct Effect Awards recognizes Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development. Applications are currently being accepted for CHFA’s Summer Application Round. The deadline for submission is June 30th, 2021.
save the date for chfa’s david w. herlinger golf tournament
CHFA’s David W. Herlinger Golf Tournament will be held on September 29th at Fossil Trace Golf Course in Golden. Read more for details and sponsorship opportunities.
apply for the real estate diversity initiative (redi)
From ULI Colorado:

ULI Colorado is excited to announce that applications are currently open for the Real Estate Diversity Initiative (REDI) until May 31st. REDI is one of the foremost programs providing training and mentorship to women and people of color in real estate development. Throughout the program, which runs virtually from late June until early October, participants receive training on the real estate development process and work in small teams with mentors to create a development plan and pro forma for a real local site, which they will present to a “Shark Tank” at the end of the program. Graduates receive a free ULI membership upon successful completion of the program.  Learn more and apply.
chfa supports boulder victims' families
Following the recent tragic shooting in Boulder, Elevations Credit Union Foundation established a victims’ assistance fund to support the 10 families that lost loved ones. Donors contributed a total of $509,224 and the foundation matched $200,000, bringing the total fund to $709,224. The foundation stated that it is working closely with the Boulder County District Attorney’s Office to ensure that 100 percent of the funds are distributed quickly and equally.

CHFA was honored to contribute $25,000 to the fund.
contact us
For more information, please contact CHFA.

CHFA Community Relationship Managers:
Caroline Trani, Southern Colorado Community Relationship Manager, 719.569.5353
Chris Lopez, Southwest Colorado Community Relationship Manager, 970.812.1142
Jeff Owsley, South Central Colorado Community Relationship Manager, 719.569.4484
Margie Joy, Western Slope Community Relationship Manager, 970.812.1150
Jerilynn Martinez Francis, Director Marketing and Community Relations