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June 24, 2021
Colorado Housing and Finance Authority (CHFA) is sharing this important announcement and invitation to participate in a survey and upcoming stakeholder meetings on behalf of our partners at the Division of Housing as they work to develop a plan to deploy the Homeownership Assistance Funds (HAF).

Please contact DOH for more information.


Homeowner Assistance Funds

The Homeownership Assistance Fund (HAF) through H.R.1319: American Rescue Plan Act (ARPA) is providing Colorado 175,080,858 to address homeownership needs throughout our state. To learn more about the assistance funds, click here. DOH is developing the plan to administer the HAF funds, and they are seeking your help.

Coloradans are invited to participate in a survey to help prioritize funding for homeowners who have faced housing challenges because of the COVID-19 pandemic. If you are a homeowner needing assistance, or an organization that makes or services mortgage loans, or assists homeowners with housing challenges, Colorado Division of Housing wants to hear from you!

The results of this survey will help DOH develop an effective and responsive program that prioritizes funding based on the greatest needs of eligible homeowners.

Your responses will be strictly confidential and only used for the purpose of prioritizing funding. Please respond by July 14, 2021.

Click here to take the survey in English!

¡Haga clic aquí para realizar la encuesta en español!

Additionally, two community meetings and a public hearing will be held to hear from eligible homeowners and organizations assisting homeowners across the state about how these funds should be prioritized. Meeting information is below.

Homeowner Assistance Fund (HAF) community meetings

Wednesday, June 30th from 8 to 9 a.m.
Zoom meeting link:
https://us02web.zoom.us/j/89334671171?pwd=cVRsZE56Nmt4dUd5aWxvb3Q0OW1BUT09
By phone: 346-248-7799, meeting ID 893 3467 1171

Thursday, July 1st from 5 to 6 p.m.
Zoom meeting link:
https://us02web.zoom.us/j/85695408532?pwd=OXlwbTZkN1NLcXArQmVMWGcxWEk3dz09
By phone: 346-248-7799, meeting ID 856 9540 8532

Homeowner Assistance Fund (HAF) public hearing

Wednesday, August 4th from noon to 1 p.m.
Zoom meeting link:
https://us02web.zoom.us/j/81967315342?pwd=K2luWC9RRjZLUDMvM2VuWnN1SGkxQT09
By phone: 346-248-7799, meeting ID 819 6731 5342

For those who speak Spanish, translation services will be available at both meetings. Please email hello@rootpolicy.com to request Spanish translation. Para aquellos que hablan español, habrá servicios de traducción disponibles en ambas reuniones. Envíe un correo electrónico a hello@rootpolicy.com  para solicitar una traducción al español.

The meetings will be facilitated by Root Policy Research, a community planning and housing research firm based in Denver, CO. Root Policy is assisting DOH with developing a program that is responsive to the needs of homeowners most in need of housing financial assistance due to challenges encountered during the COVID-19 pandemic. As a reminder, the eligible use of funds that will be considered through this public process include:
  1. Mortgage payment assistance;
  2. Financial assistance to allow a homeowner to reinstate a mortgage or to pay other housing-related costs related to a period of forbearance, delinquency, or default;
  3. Mortgage principal reduction, including with respect to a second mortgage provided by a nonprofit or government entity;
  4. Facilitating mortgage interest rate reductions;
  5. Payment assistance for:
    1. Homeowner’s utilities, including electric, gas, home energy, and water;
    2. Homeowner’s internet service, including broadband internet access service, as defined in 47 CFR 8.1(b) (or any successor regulation);
    3. Homeowner’s insurance, flood insurance, and mortgage insurance;
    4. Homeowner’s association fees or liens, condominium association fees, or common charges; and
  6. Down payment assistance loans provided by nonprofit or government entities;
  7. Payment assistance for delinquent property taxes to prevent homeowner tax foreclosures;
  8. Measures to prevent homeowner displacement, such as home repairs to maintain the habitability of a home or assistance to enable households to receive clear title to their properties;
  9. Counseling or educational efforts by housing counseling agencies approved by HUD, or legal services, targeted to households eligible to be served with funding from the HAF related to foreclosure prevention or displacement, in an aggregate amount up to 5% of the funding from the HAF received by the HAF participant;
  10. Reimbursement of funds expended by a state, local government, or entity described in clause (3) or (4) of the definition above of “eligible entity” during the period beginning on January 21, 2020, and ending on the date that the first funds are disbursed by the HAF participant under the HAF, for a qualified expense (other than any qualified expense paid directly or indirectly by another federal funding source, or any qualified expenses described in clauses (6), (7), (8), or (10) of this definition); and
  11. Planning, community engagement, needs assessment, and administrative expenses related to the HAF participant’s disbursement of HAF funds for qualified expenses, in an aggregate amount not to exceed 15% of the funding from the HAF received by the HAF participant.

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