June 2023
CHFA eNews
in this issue
  • Celebrating Homeownership Month and Juneteenth
  • CHFA Announces 2023 Round One Housing Tax Credit Awards
  • Proposition 123 and Statewide Outreach
  • Technical Assistance for Small-scale and Middle-income Housing
  • Congratulations to This Year’s Eagle Award Winners
  • CHFA in the Community 
celebrating homeownership month and juneteenth
To celebrate Homeownership Month, this June, CHFA home mortgage customers are invited to share the top five things they love about homeownership for a chance to win a $500 Visa gift card. CHFA will randomly select one winning entry and will announce the winner by July 10, 2023.

Complete sweepstakes rules and information on how to enter are available on the CHFA website.
Juneteenth Celebrations and a New Homeownership Campaign

CHFA will celebrate Juneteenth on Monday, June 19th, and will take part in the Southern Colorado Juneteenth Festival in Colorado Springs as well as the Juneteenth Music Festival in Denver. 
In addition, as part of its ongoing commitment to homeownership equity and closing the homeownership gap for Black and African American Coloradans, CHFA recently launched the Own Your Tomorrow community engagement campaign. This includes a variety of resources on homeownership, including a series of homebuyer workshops that begin later this month. The first workshop will be held on Saturday, June 24th in Denver, and additional details are linked below.
chfa announces 2023 round one housing tax credit awards
Last week, CHFA announced that 12 developments were awarded a reservation of federal 9 percent Housing Tax Credits to support the new construction of 605 affordable rental housing units. The total private sector equity investment estimated to be generated from the federal tax credits awarded in this round exceeds $149.9 million.

Those applications awarded credit will support developments located in Boulder, Colorado Springs, Crested Butte, Denver, Frederick, Glenwood Springs, Greeley, Lakewood, Pagosa Springs, Rifle and Windsor.
Affordable Housing Credit Improvement Act (AHCIA) Reintroduced to Congress

Last month, the Affordable Housing Credit Improvement Act (AHCIA; S. 1557 and H.R. 3238) was reintroduced in Congress with bipartisan support. This legislation will expand and strengthen resources allocated for Housing Tax Credits, and more information and resources are available on the CHFA website. 
proposition 123 and statewide outreach 
Following the passage of Proposition 123 by Colorado voters in November of 2022, CHFA has hosted and participated in a variety of stakeholder engagement sessions as it prepares to launch programs in partnership with the Office of Economic Development and International Trade (OEDIT). Programs related to the measure will launch in July and throughout the summer. 

Linked below is a flyer describing the programs that fall within the Proposition 123 Affordable Housing Finance Fund, which will be administered by CHFA in partnership with OEDIT. 


This week, CHFA held two engagement webinars – one on the land banking program, and another on the concessionary debt program that CHFA will administer in partnership with OEDIT. Recordings of each of these webinars are available on on the OEDIT website.

This summer, CHFA will partner with Housing Colorado and the Colorado Department of Local Affairs Division of Housing (DOLA-DOH) to host six statewide outreach and engagement forums across the state including: Grand Junction, Durango, Pueblo, Fort Collins, Frisco, and Lakewood. These events will cover a variety of topics, and each will include a panel discussion on Proposition 123, with the opportunity to address questions, challenges, and opportunities specific to local communities. Click below to learn more and register to attend. 
technical assistance for small-scale and middle-income housing
CHFA is accepting applications for participation in its Small-scale Housing Technical Assistance program, and the 2023 Round Two pre-application deadline is August 4th. The program helps catalyze small-scale affordable housing developments by providing access to pro bono affordable housing consulting and pre-development grant assistance. 

Eligible activities include community engagement, market studies, site identification, site feasibility, soils study, environmental site assessment, project visioning and conceptualization, financial modeling, real estate planning, cost estimating, architect and design concepts, and energy-efficiency and performance modeling.

Complete program details are available on the CHFA website, and an informational webinar for those interested in applying will be held later this summer. Look for details on this webinar in the July edition of Community Connections. 
Pictured: A groundbreaking ceremony held on June 2nd at Mancos Commons in Mancos, CO, one of the first projects supported by CHFA’s technical assistance program
congratulations to this year’s eagle award winners 
CHFA extends congratulations to this year’s Housing Colorado Eagle Award winners and nominees, including the following award-winning developments supported by Housing Tax Credits: Renaissance Legacy Lofts (Denver), Viña Apartments (Denver), Avi at Olde Town (Arvada), and Maxfield Heights (Rifle). Renaissance Legacy Lofts and Viña Apartments were also awarded New Market Tax Credits from CHFA. These properties illustrate the great work the Housing Tax Credit program does in strengthening affordable housing across Colorado. 

CHFA also congratulates its own Beth Truby, Preservation Program Manager, who took home this distinguished award in the “Person or People” category. Beth was nominated by her peers and selected by the Eagle Awards committee in recognition of her many career accomplishments.
chfa in the community
Be sure and follow CHFA on social media (see the links in the email footer) to keep up with our involvement at various happenings all around Colorado. Over the next month, you can find us at the following events across the state. 

Week of June 5 – 11


Week of June 12 – 18

  • June 12 | Windsor Gives Golf Tournament | Fort Collins
  • June 12 | 2023 Colorado Brownfields Conference | Lakewood |More Information
  • June 12 | Prop 123 NECO Rural Stakeholder Meeting | Paoli
  • June 15 | Northeast Demystify Entrepreneurship Pitch Competition | Sterling | More Information
  • June 15 | 16th Annual LHA Scholarship Golf Tournament | Loveland | More Information
  • June 16 – 18 | Southern Colorado Juneteenth Festival | Colorado Springs | More Information
  • June 16 – 19 | Juneteenth Music Festival | Denver | More Information
  • June 16 | Jack and Jill of America Teen Leadership Conference | Westminster | More Information
  • June 17 | Mancos Burrofest | Mancos | More Information
  • June 17 | Montrose Wine & Food Festival | Montrose | More Information
  • June 17 | Mariposa Center for Safety Water Luminary Festival | Pueblo | More Information
 
Week of June 19 – 25

  • June 20 | Montrose Regional Housing Conference | Montrose | More Information
  • June 21 | Arrupe Jesuit High School Golf Tournament | Sedalia | More Information
  • June 22 | Scholars Unlimited Lunch of Scholars | Denver | More Information
  • June 22 | Ridgway Space to Create Grand Opening | Ridgway
  • June 23 – 24 | Colorado Statewide Parent Coalition La Cúspide’23 | Denver | More Information
  • June 23 | Children’s Hospital Colorado Foundation Fundraiser: The Wine Event | Glendale | More Information
  • June 24 | Latinas LEAD Power Summit | Denver | More Information
  • June 24 | Aspen House 2nd Annual Golf Tournament | Pagosa Springs | More Information
  • June 24 | Habitat for Humanity of the San Juans Rock the Block | Montrose | More Information
  • June 25 | San Juan Trail Tri | Ridgway | More Information

Week of June 26 – July 2

  • June 25 – 28 | Colorado Municipal League Annual Conference | Aurora | More Information
  • June 29 | 38th and Holly Groundbreaking | Denver
contact us
For more information, please contact CHFA.

CHFA Community Relationship Managers:
Trisha Herman, Community Relationship Manager - Eastern Colorado,
970.812.1151
Jeff Owsley, Community Relationship Manager – South Central Colorado, 719.569.4484
Caroline Trani, Community Relationship Manager – Southern Colorado, 719.569.5353
Chris Lopez, Community Relationship Manager – Southwest Colorado, 970.812.1142
Margie Joy, Community Relationship Manager – Western Slope Colorado, 970.812.1150
Jerilynn Martinez Francis, Chief Communications and Community Partnerships Officer
Stay informed by signing up for this Community Connections eNewsletter. This bimonthly eNewsletter provides general CHFA news along with a closer look at how local communities are addressing their unique affordable housing and economic development needs. 
This eNewsletter may contain links to other websites or third party materials. Links to external or third party websites or materials are provided solely for your convenience. The presence of a link does not imply any endorsement of the third party material, the website, its content or any association with the third party or website's operators by CHFA. Third-party websites or materials may be governed by their own privacy policy and terms of use, and the third party is solely responsible for the content and offerings presented on its website or in its materials. CHFA makes no representation and accepts no responsibility or liability regarding the accuracy, quality, safety, suitability or reliability of any third party material(s), external website or the content or materials of such websites. Use of linked sites is strictly at your own risk. 
With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, or any other protected classification under 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.