- Dates Announced for 2024 Direct Effect Awards
- Proposition 123 Awards Announced; Equity Program Webinar
- Support State Housing Tax Credit Legislation
- Federal Tax Bill with Housing Provisions Moves to Senate
- CHFA Welcomes Maria De Cambra to Board of Directors
- CHFA in the Community
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dates announced for 2024 direct effect awards | |
Dates for the 2024 Direct Effect Awards are now available. Direct Effect Awards recognize and support Colorado nonprofits whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development.
In 2024, CHFA is celebrating 50 years of strengthening Colorado. To help commemorate, CHFA will additionally award up to five $50,000 Direct Effect Awards in each round of 2024. Applications for round one will open April 1st and close April 26th, and awardees will be notified in late July 2024. Details including eligibility criteria are available via the link below.
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proposition 123 awards announced; equity program webinar | |
CHFA joined Governor Jared Polis and the Office of Economic Development and International Trade (OEDIT) to announce the first recipients of Proposition 123 funding. A total of 16 awardees received $25.34 million in funds from the Land Banking program, which provides grants and forgivable loans to support the acquisition of land for affordable rental and for-sale housing.
Awards were also announced for the Proposition 123 Modular Finance program, which was administered alongside the Innovative Housing Incentive Program (IHIP). Together, the programs will provide a total of $38 million in funding to eight modular housing manufacturers, supporting job creation an ongoing source of new housing units for Coloradans.
In preparation for the launch of the Proposition 123 Equity program, CHFA will co-host a webinar with OEDIT Friday, March 1st, from 1:30pm to 2:30pm. The webinar will include a presentation of draft program guidelines with the opportunity for questions and feedback. Those interested in joining the webinar may register below.
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support state housing tax credit legislation | This legislative session, state Representative Bird, Representative Weinberg, Senator Zenzinger, and Senator Simpson will introduce legislation to expand the state Affordable Housing Tax Credit (state AHTC) by $10 million through 2031. Since renewed in 2014, state AHTC has supported the development or preservation of 10,782 affordable rental housing units, and CHFA urges support for this bill. | CHFA also supports HB24-1316, sponsored by state Representative Lindstedt, Representative Lindsay, and Senator Bridges, which would establish a Middle-Income Housing Tax Credit (MIHTC) pilot program. Building on the previous success of the state AHTC, MIHTC will leverage private sector investment to support the development and preservation of housing for households earning between 80 to 120 percent of Area Median Income (AMI), or up to 140 percent AMI in rural resort counties. The bill would authorize CHFA to competitively award $10 million in five-year state income tax credits in 2025, 2026, and 2027. | |
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chfa welcomes maria de cambra to board of directors | Maria De Cambra, Executive Director of the Colorado Department of Local Affairs (DOLA), has been appointed to CHFA’s Board of Directors. De Cambra brings to CHFA a history of leadership, public service, and advocating for the development of affordable housing for Coloradans. Prior to joining DOLA as its Executive Director, De Cambra served as Director of Communications and Community Engagement for Governor Jared Polis as a member of the Governor’s executive team. | |
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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 in attendance and/or proudly sponsoring the following events across the state.
Week of February 26 - March 3
- February 29 | Durango Rocks Annual Awards | Durango | More Information
- February 29-March 1 | Club 20 Winter Policy Committee Meetings | Grand Junction | More Information
- March 2 | Arrupe Jesuit High School - Magis Night | Denver | More Information
Week of March 4 - March 10
- March 7 | Montrose Economic Development Corporation Annual Luncheon | Montrose | More Information
- March 7 | Care and Share Recipe for Hope Luncheon | Pueblo | More Information
- March 7 | Power to Act - Dignity First Dinner | Durango | More Information
- March 8 | Loveland Housing Authority - Concert with Trey Taylor | Loveland | More Information
Week of March 11 - March 17
- March 12 | Urban Land Institute Colorado - Pathways to Implementation | Denver | More Information
- March 13 | Palmer Land Conservancy - Tenacity: Women in Conservation 2024 | Colorado Springs | More Information
- March 14 | Habitat for Humanity of Pueblo St. Patrick's Fundraising Event | Pueblo | More Information
- March 15 | Greater Woodland Park Chamber of Commerce Annual Dinner & Awards | Woodland Park | More Information
- March 16 | Haxtun Education Foundation Spring Fling | Haxtun | More Information
- March 16 | Latin American Educational Foundation - 75th Anniversary Celebration | Glendale | More Information
- March 17 | Sportswomen of Colorado - Annual Awards Banquet | Denver | More Information
Week of March 18 - March 24
- March 22 | Morgan County Economic Development Annual Meeting | Fort Morgan | More Information
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CHFA Community Relationship Managers:
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Trisha Herman, Community Relationship Manager, Eastern Colorado | |  |
Kaylee Romero, Community Relationship Manager, South Central Colorado | |
Caroline Trani, Community Relationship Manager, Southern Colorado | | |
Chris Lopez, Community Relationship Manager, Southwest Colorado | |
Margie Joy, Community Relationship Manager, Western Slope Colorado | | |
John Plakorus, Manager, Regional Community Relationships | |
Stay informed by signing up for this Community Connections eNewsletter. This monthly 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 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, religion, national origin, 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. | |
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