|
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.
| | weatherstone apartments celebrates grand opening | | |
Weatherstone Apartments in Aurora, sponsored by Steele Properties, celebrated its grand opening this month. The development involved the acquisition and rehabilitation of 204 one- to three-bedroom apartments serving individuals and families earning 60 percent of the Area Median Income (AMI). Along with apartment renovations, Weatherstone Apartments has an expanded community space and a newly added Resident Services Coordinator.
CHFA supported the project with $60.6M in construction-to-permanent financing through the Construction and Permanent Affordable Bond Loan (CAPABLE) program, enhanced by the HUD Risk Share program. The CAPABLE program combines construction and permanent financing to provide loans of $6 million or more for 4 percent Housing Tax Credit projects, using the FHA 542(c) Risk Share program only available to housing finance agencies. Additionally, CHFA provided $2.9M in federal 4 percent Housing Tax Credits and $22M in bond cap. Steele Properties LLC provided an additional $16.9M in bond cap.
| | round two housing tax credit application letter of interest | | |
If you have submitted a Letter of Intent to apply for state credit with federal 4 percent Housing Tax Credit in the 2026 Round Two Housing Tax Credit Application round and would like a letter of interest from CHFA for construction-to-permanent financing through the Construction and Permanent Affordable Bond Loan (CAPABLE) program, or permanent financing only through the Partnership-to-Perm Affordable Bond Loan (PAIRABLE) program, please reach out to a member of our team. Email MF-Lending@chfainfo.com to get in touch with us. The Round Two application deadline is August 3, 2026, by 5:00pm MT.
| | 2026 housing colorado eagle awards winners announced | | |
Congratulations to the winners of the 2026 Housing Colorado Eagle Awards. The awards celebrate extraordinary accomplishments and outstanding leadership in housing and support services, and honor individuals, agencies, projects, and programs in their work to ensure safe, fair, affordable housing for all Coloradans. CHFA is proud to have supported Project Category winners Ascent at Hover Crossing, Launchpad, and Rock Creek Housing Project, along with Project Category and People’s Choice Award winner StarRise at North Weld.
| | meet the multifamily lending team: rose vasquez | | |
This month, we’d like to introduce you to CHFA Multifamily Lending team member Rose Vasquez. One benefit of working with the team is their extensive expertise and technical knowledge. In her role as a Commercial Loan Specialist II, Rose reviews construction draw packages and monitors and reports the payrolls for construction workers on all of CHFA’s federally guaranteed loans.
“I have worked at CHFA for 23 years, and it has been a rewarding experience, because I see how our work affects so many people having access to affordable housing around the state of Colorado,” said Rose. “I get to not only work with developers and construction workers, but some of the tenants who live in the finished multifamily units as well.”
| | 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. | | | | | |
