With over 50 years of experience, CHFA Multifamily Lending is your trusted partner. Together, we can build stronger communities by providing safe, secure, and

affordable homes for our fellow Coloradans.

new loan term option for simple program

CHFA recently introduced a new loan term for the Small Multifamily Permanent Loan (SIMPLE). You now have the option of a 35- or 40-year term and amortization. SIMPLE provides up to $3 million in uninsured permanent financing for 9 percent Housing Tax Credit projects. With streamlined execution, you can get to loan commitment in as little as 60 days of submitting a complete application.

Small Multifamily Permanent Loan

chfa loan programs available to pair with 4 percent housing tax credit projects

two men in hard hats looking at construction plans

Did you know CHFA offers two unique loan products available to pair with federal 4 percent Housing Tax Credits? Both programs offer additional adaptability to meet the collateral needs of your project.

Construction and Permanent Affordable Bond Loan (CAPABLE)

CAPABLE combines construction and permanent financing to provide loans of $6 million or more for 4 percent Housing Tax Credit projects, using a streamlined FHA process only available to housing finance agencies.

Partnership-to-Perm Affordable Bond Loan (PAIRABLE)

PAIRABLE provides loans of over $6 million in permanent FHA-insured financing for 4 percent Housing Tax Credit projects, featuring some of the lowest interest rates due to index pricing associated with Private Activity Bonds.

Don’t forget! Applications for Round Two 2025 – the state AHTC and federal 4 percent Housing Tax Credit Round – are due August 1st.

Construction and Permanent Affordable Bond Loan

Partnership-to-Perm Affordable Bond Loan

grand opening – south platte crossing apartments

a large group of people holding a red ribbon while one person cuts it with giant scissors

Congratulations to South Platte Crossing Apartments in Commerce City, which hosted a grand opening celebration this month. CHFA is proud to celebrate with Nesbitt Development LLC and Brinshore Development.

South Platte Crossing includes 60 affordable apartments serving individuals and families with incomes between 30 percent and 80 percent of the Area Median Income (AMI). The development is supported by a land lease from Urban Land Conservancy as part of the Commerce City Community Campus (C4) hub for wellness and social health services. CHFA provided South Platte Crossing $800,000 in permanent Capital Magnet Fund (CMF) financing alongside a $190,000 CMF grant. CHFA also supported the development with an award of $1,350,000 in federal 9 percent Housing Tax Credits in 2022.

Capital Magnet Fund program

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Our solution-oriented team will help you find the right program to make your project a success. Connect with us today at 1.800.297.2342 or MF-Lending@chfainfo.com.

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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.