Proposition 123:

Program Updates

April 17, 2024

Equity Program Application Deadline: April 18th

This is a reminder that the application acceptance period for the Equity program established by Proposition 123 will remain open until the end of the business day (5:00pm MT) tomorrow, Thursday, April 18th. Please send completed applications to equity@chfainfo.com.

Applications and program guidelines are available on the Affordable Housing Financing Fund website, and questions about the application process may be submitted to equity@chfainfo.com. 

The Equity program provides below-market-rate equity investments to eligible for-profit and nonprofit entities for the construction or preservation of low- and middle-income multifamily rental developments. A Tenant Equity Vehicle (TEV), funded through Proposition 123 program earnings, will be established by OEDIT, CHFA, and a third-party administrator to benefit the residents of developments that receive Equity financing.

Projects applying for funding from the Equity program must be located in a jurisdiction that has completed a Proposition 123 Local Government Affordable Housing Commitment with the Colorado Department of Local Affairs − Division of Housing. Learn more on DOLA’s website. You may also view jurisdictions that have filed 2023 Commitments.

Questions about the Equity program may be submitted to equity@chfainfo.com, and more information about the program is available on the Affordable Housing Financing Fund website.

Contact

ColoradoAffordableHousingFinancingFund.com

AHFF@chfainfo.com

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.