With over 45 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.

curious about our loan processes?

Take a peek “behind the curtain” with our comprehensive loan process documentation. We provide these documents to help you feel informed and to help ensure a streamlined loan approval process.

Grouped by loan type, the detailed timelines break out CHFA and borrower tasks during each phase of the loan approval process: prescreening, application, underwriting, commitment, construction (if applicable), and closing.

As always, we are here to answer any questions. We are committed to your satisfaction.

Permanent Loan and Gap Financing

Construction-to-Permanent Loan

Construction Closing

project feature: trinidad artspace lofts and cmf

In early April, CHFA closed on a $715,000 loan and $35,000 grant from the Capital Magnet Fund, administered by CHFA, to support Trinidad Artspace Lofts.

This provides permanent financing for the 41-unit development, which serves families and local artists. CHFA also awarded federal 9 percent Housing Tax Credits in 2017.

The development involved the adaptive reuse of three historic buildings that house 13 of the units and gallery space for residents with working space to be completed later. It is the demonstration project for Space to Create Colorado, a state-led initiative to create affordable creative sector and workforce housing and workspace in rural Colorado communities. Trinidad was certified as a Colorado Creative District in 2013.

CHFA’s Capital Magnet Fund (CMF) provides up to $750,000 in flexible gap financing for Housing Tax Credit projects located in eligible areas and serving incomes at or below 50 percent of AMI.

Learn more about CMF

chfa's 2021 community report

In the report, learn how CHFA invested $3.1 billion to support affordable housing and community development in 2021.

Highlights include how CHFA increased community engagement, launched new innovations, and was proud to assist thousands of Coloradans through its homeownership, rental housing, business lending, and community partnership programs.

View the Community Report

connect with us

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Sign up to hear first-hand about new programs, projects funded, partner features, training opportunities, and upcoming events.

Our solution-oriented team will help you find the right program to make your project a success. Connect with us today at 1.800.297.2342 or MF-Lending@chfainfo.com.

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