Proposition 123:

Program Updates

August 21, 2023

Reminder: Land Banking LOIs Due Today

The Land Banking LOI acceptance period will close at the end of day today: Monday, August 21st, at 11:59pm MT.

Prospective Land Banking applicants must submit a Letter of Intent (LOI) to CHFA prior to the submission of an application. Please note that completion of the Proposition 123 Local Government Affordable Housing Commitment is not required to be completed for LOI submission. Proof of commitment submission will be required at time of application, with acceptance by DOH required to be deemed an eligible applicant.

Borrowers will be sent a Proposition 123 Land Banking Application and be notified of next steps via email on September 11, 2023.

Download an LOI form here, and submit it to landbanking@chfainfo.com no later than August 21st at 11:59pm.



Questions related to the LOI process or anything else related to the Land Banking program may also be sent to landbanking@chfainfo.com.

To support local jurisdictions with the Affordable Housing Commitment process, a series of technical assistance webinars organized by the Department of Local Affairs (DOLA) will be held throughout the month of August, and details are available on the DOLA website. Each session will be recorded and posted on the DOLA website, and attending a webinar will be a prerequisite to receiving tailored technical assistance if it is needed.

Contact

ColoradoAffordableHousingFinancingFund.com

AHFF@chfainfo.com

With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, or any other protected classification under 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.