new private activity bond recycling initiative seeing results

CHFA’s new initiative to expand the use of recycled private activity bonds (PAB) is seeing results. Led by CHFA’s Community Development Division in partnership with CHFA’s Finance Team and consultant, Brian Dale, the Multifamily Bond Recycling Program’s goal is to help reduce demand on Colorado PAB while supporting the tax-exempt financing needs of affordable multifamily developments. Since the initiative was launched in March, CHFA has preserved $79 million, recycled $42.6 million, and saved $42.6 million of PAB usage with more to come.

For more information, please read the CHFA 2026 Statewide Multifamily Bond Recycling Initiative Guidelines (PDF) and watch the CHFA Multifamily Bond Recycling Initiative Webinar video.

Please contact PABManager@chfainfo.com with any questions.