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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.
| | colorado statewide apartment survey q1 2026 results | | |
Results from the latest Colorado Statewide Apartment Survey show statewide average rents going down and statewide average vacancy rates going up. In the newly released Q1 survey, the statewide average rent for market-rate multifamily rental properties is $1,492 per month, down 0.4 percent from this time last year, but up 1.2 percent from the prior quarter. Statewide median rent is $1,458, down 0.8 percent year-over-year, but up 1.3 percent from last quarter. The average vacancy rate statewide is at 6.4 percent, an increase of 16 basis points (bps) from this time last year, but down 69 bps from the prior quarter.
Survey researchers and authors, 1876 Analytics LLC, an affiliate of Apartment Appraisers & Consultants, Inc., expect apartment permitting activity and the ratio of multifamily renters to total households to remain high, and likely increase, in most areas of the state throughout 2026. They say they expect that to be the case even with recent softening, because of generally strong market fundamentals and continued affordability issues in the for-sale markets in Colorado and nationwide. They expect demand for apartments to remain high and likely increase in the near to medium term.
CHFA sponsors the Colorado Statewide Apartment Survey to help provide up-to-date information, as of the date of the survey, on the multifamily rental housing market throughout the state of Colorado.
| | chfa loan programs available to pair with 4 percent housing tax credit projects | | |
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.
Applications for Round Two 2026 – the state AHTC and federal 4 percent Housing Tax Credit Round – are due August 3rd. Connect with the Multifamily Lending team at 1.800.297.2342 or MF-Lending@chfainfo.com to learn more about the CAPABLE and PAIRABLE programs.
| | meet lynn archuleta: new chfa manager, multifamily lending | | |
CHFA is excited to introduce you to Lynn Archuleta, new CHFA Manager, Multifamily Lending! During her time at CHFA, Lynn has served as a Commercial Loan Officer, working on various loan programs. In her new role, Lynn will join CHFA’s leadership team and oversee the multifamily lending originations and underwriting functions. She will lead the Proposition 123 selection and underwriting process, evaluate proposed financing structures, and continue to partner closely with CHFA’s Finance and Legal teams to structure investments that strengthen communities.
In addition to her role at CHFA, Lynn currently serves on the Board of Directors for Brothers Redevelopment, Inc. Congratulations Lynn!
| | Our solution-oriented team will help you find the right program to make your project a success. Connect with us today at 800.877.2432 or MF-Lending@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, creed, religion, national origin, ancestry, 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. | | | | | |