supporting public school employees in achieving homeownership

Effective July 1, 2026, CHFA Schools To Home^sm offers up to 25 percent of the first mortgage loan amount in down payment assistance to facilitate homeownership for public school employees.

The Colorado General Assembly designated CHFA to develop and manage a shared appreciation down payment assistance program, funded by an investment from the Public School Permanent Fund (PSPF).

Homeownership contributes significantly to the long-term affordability and stability of communities. CHFA Schools To Home was created to help public school employees purchase homes and live in the communities where they work.

Program Overview

Structured to promote affordable and accessible homeownership options, this program integrates financial innovation with social objectives through three components:

• Fixed interest rate mortgage [Fannie Mae loans only; Desktop Underwriter (DU) required]
• Down payment assistance and/or closing cost assistance: second mortgage loan for up to 25 percent of the first mortgage loan
• Shared appreciation component: borrower shares a percentage of appreciation gained with the Public School Permanent Fund (PSPF)

CHFA Forms

Important: Please use the CHFA Schools to Home program forms currently available on HomeConnection^sm or the CHFA website until full integration with Doc Magic, Encompass, and Docutech^® is complete. An eNews will announce when this capability becomes available.

Help spread the word!

Download the CHFA Schools To Home flyer (PDF).

Definition of Public School Employee

CHFA Schools To Home is for any individual – not just educators - employed by a preK-12 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. Verification can be found on the Colorado Department of Education’s website: www.cde.state.co.us/schoolview/explore/welcome.

Please contact us with any questions or for more information.

CHFA Home Finance
Homeownership@chfainfo.com
888.320.3688 - Homeownership Team