In 2022, CHFA Multifamily Lending was honored to serve and strengthen Colorado by providing safe and decent housing for our fellow Coloradans—and we couldn’t have done it without you. By year-end, we helped developers finance the new construction or preservation of 932 affordable rental housing units, with $49.4 million invested in loans.



As we move into 2023, we are excited for new opportunities to partner with all of you to increase affordable housing across the state.

On Thursday, December 8th, a grand opening celebration was held for The Landing at Greyhound Park (The Landing) in Commerce City. This development offers 223 affordable apartments serving individuals and families with incomes at 30 and 60 percent of the Area Median Income or below. The property is part of a master-planned community at the former Mile High Greyhound Park that will feature a mixed-use and mixed-income walkable neighborhood.

CHFA was proud to support The Landing by awarding federal 4 percent Housing Tax Credits in 2019; providing a $34 million construction-to-permanent loan through the CAPABLE Program; and issuing $35,025,000 in Private Activity Bonds.

The developer of The Landing, Delwest, designed the project to pay homage to the history of the site and will include a Mile High Greyhound Park Museum and dedications to notable community members, including Evelyn and William Barnard. The Barnards were long-time supporters and residents of Commerce City and were honored at the grand opening. They are parents of CHFA Community Development Manager, Terry Barnard. The couple lived on Holly Street, directly across the street from development site, for over 65 years. Their deep roots in Commerce City and devotion to the community left a lasting mark. A sitting area at The Landing features a plaque in loving memory of the Barnards.

“When I left the grand opening, I was at a loss for words. I felt very humbled and grateful to Delwest for recognizing my parents. I’m very proud of what my parents did in the community and how they chose to spend a lifetime there,” said Terry.

We are proud to announce CHFA’s participation in the Colorado Housing Accelerator Initiative (CHAI) Equity Fund (the Fund) as a limited partner, and our recent commitment of $5M. The purpose of the Fund is to provide equity for the acquisition of land and/or existing improvements in Colorado for the preservation and development of rental or for-sale affordable housing. A unique feature of the fund is a Tenant Equity Vehicle, which will create wealth-building opportunities for residents so they can build financial security and access to homeownership. 

The Fund will serve tenants with middle incomes, between 60 to 100 percent AMI. Anticipated production for the Fund is eight to 10 projects totaling 500 to 750 units.

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.