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| May 15, 2026 | ||||
supporting public school employees in achieving homeownership
The new loan offering from CHFA includes a fixed interest rate first mortgage loan paired with down payment assistance up to 25 percent of the first mortgage loan amount with deferred repayment. The program also includes a shared appreciation component in which the borrower shares a percentage of appreciation gained on their home with the Public School Permanent Fund (PSPF). Program OverviewStructured to promote affordable and accessible homeownership options, the program integrates financial innovation with social objectives through three components:
Definition of Public School EmployeeCHFA Schools To Home is for any individual employed by a Colorado public school, school district, charter school, institute charter school, board of cooperative educational services, or innovation zone, who is classified as a full-time employee by their employer. You can verify eligible employers on the Colorado Department of Education’s website. Please note: If multiple borrowers are on the loan, only one borrower must be a full-time public school employee. Lender ParticipationAll CHFA-approved Participating Lenders will have access to the CHFA Schools To Home program. If your company chooses not to participate, please contact your dedicated Business Development Specialist (PDF). Written notification from company leadership opting out of the program is required. Please contact us with any questions or for more information. CHFA Home Finance |
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