- Thank you, Jeff Owsley
- Community Resource Center’s GrantCorps Program Accepting Applications
- Proposition 123 Rollout Continues
- Fair Housing Forums Offered Throughout the State
- Small-scale Housing Technical Assistance Awards Announced
- $65 million in New Markets Tax Credits Awarded
- Stefka Fanchi Appointed to CHFA Board of Directors
- CHFA Launches Homebuyer’s Roadmap
- CHFA in the Community
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Friday, October 6th, will be Jeff Owsley’s final day serving as CHFA’s Community Relationship Manager for South Central Colorado as he embarks on an exciting new chapter of retirement. Throughout his tenure at CHFA, Jeff has served Colorado’s South Central region well, making significant contributions and inroads along the way. He leaves big shoes to fill, and he will be missed.
While Jeff’s retirement marks the end of an era, it also signals a new opportunity at CHFA for the next Community Relationship Manager for this region, which encompasses Alamosa, Chaffee, Costilla, Conejos, Hinsdale, Lake, Mineral, Rio Grande, and Saguache counties. CHFA remains deeply committed to its engagement work in this region.
With that in mind, CHFA continues to seek qualified candidates for the South Central Community Relationship Manger. Please click here to view the job posting and full job description.
As CHFA works to identify its next South Central Colorado Community Relationship Manager, please reach out to Chief Communications and Community Partnerships Officer Jerilynn Francis at jfrancis@chfainfo.com with any questions or needs pertaining to CHFA’s partnerships in the South Central region of the state.
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Community Resource Center, one of the state’s leading organizations supporting the nonprofit community recently opened applications for their GrantCorps program. GrantCorps provides grant development services at no cost to qualified organizations across Colorado including skills training, grant coaching, and consultation services.
CHFA was proud to invest $75,000 into the GrantCorps program, which will be used to sponsor over 50 participating nonprofits.
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proposition 123 rollout continues | |
In partnership with the Office of Economic Development and International Trade, CHFA continues to administer the rollout of programs established by Proposition 123 through the Affordable Housing Financing Fund. Several timely updates are highlighted below, and more information is available on the Affordable Housing Financing Fund website.
Land Banking
The significant demand demonstrated by 113 Letters of Intent (LOIs) seeking more than $255M indicated the need for a competitive funding process for the Land Banking program’s 2023 funding round. Twenty-five LOI submissions representing $46.9M have been invited to apply and compete for $24.5M in funds, the maximum amount available during this round based on the statute. Awards will be announced by January 2024.
Concessionary Debt
The application submission period for applicants seeking funding from the Multifamily Finance, LIHTC Gap Finance, and LIHTC Predevelopment Finance loan options will close on Monday, October 9th. CHFA will announce projects selected to receive funds in January 2024.
The fourth component of the Concessionary Debt program, Proposition 123 Modular Finance, providing debt financing for modular and factory-build housing manufacturers, is accepting applications starting Monday, October 9th, and through Friday, November 3rd. Details about all of the available modular factory financing opportunities via CHFA are available on the CHFA website.
Equity
The third program within the Affordable Housing Financing Fund is the Equity program, which will provide below-market-rate equity investments to support the construction or preservation of low- and middle-income multifamily rental developments.
This program is still in development. Details will be available soon about stakeholder engagement opportunities and next steps.
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fair housing forums offered throughout the state | |
Over the next several weeks, Denver Metro Fair Housing Center will host a series of forums on the topic of fair housing across the state. These events are open to residents, landlords, and property managers interested in learning how to avoid housing discrimination, and what to do if it happens.
The events are free and open to the public, and registration and additional information about each event is provided via the links below.
Boulder | Saturday, October 7 | 10:30am to 12:30pm | Penfield Tate Municipal Building and Online
Click here for more information and to register. This event will be offered in a hybrid format (in-person and online).
Denver | Saturday, October 7 | 10:30am to 1:30pm | Barnum Recreation Center
This event will be offered in-person, and no advance registration is required. For more information, please email barnum.recreation@denvergov.org.
Boulder | Thursday, October 19 | 5:30pm to 8:00pm | The Center for People with Disabilities and Online
Click here for more information and to register. This event is for consumers only and will be offered in a hybrid format (in-person and online). For ASL or accommodations, please call 303.442.8662.
Denver | Saturday, October 21 | 10:30am to 1:30pm | Johnson Recreation Center
This event will be offered in-person, and no advance registration is required. For more information, please email johnson.recreation@denvergov.org.
Jefferson County | Tuesday, October 24 | 3:00pm to 4:30pm (online only)
Click here for more information and to register. This event will be offered online only.
Windsor (Larimer and Weld counties) | Wednesday, October 25 | 1:00pm to 3:00pm | Pelican Lakes Resort and Online
Click here for more information and to register. This event will be offered in a hybrid format (in-person and online).
Grand Junction | Monday, October 30 | 1:00pm to 3:30pm | Art Center for Western Colorado
Click here for more information and to register. This event will be offered in a hybrid format (in-person and online). For ASL or accommodations, please call 800.613.2271.
Pueblo | Wednesday, November 1 | 1:00pm to 3:30pm | Center Toward Self Reliance Conference Center and Online
Click here for more information and to register. This event will be offered in a hybrid format (in-person and online). For ASL or accommodations, please call 719.546.1271.
For more information or questions relating to any of the events listed above, please contact John Paul Marosy, Outreach and Education Coordinator at Denver Metro Fair Housing Center at jpmarosy@dmfhc.org.
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small-scale housing technical assistance awards announced | |
CHFA congratulates the following 11 applicants recently awarded small-scale housing technical assistance during the latest round.
- Lincoln Health (Hugo, Lincoln County)
- Karval Community Alliance (Karval, Lincoln County)
- Community Economic Development of Sedgwick County (Julesburg, Sedgwick County)
- Phillips County Economic Development (Holyoke, Phillips County)
- Thelcrest, Incorporated (Leadville, Lake County)
- Killion Associates, Ltd. (Walsenburg, Huerfano County)
- Kiowa County Economic Development Foundation (Eads, Kiowa County)
- Habitat for Humanity Grand County (Hot Sulphur Springs, Grand County)
- City of Cortez (Cortez, Montezuma County)
- Home Trust of Ouray County (Ridgway, Ouray County)
- Valley Housing Fund (Gunnison, Gunnison County)
The Small-scale Housing Technical Assistance program helps catalyze affordable housing developments with 30 or fewer units by providing access to an affordable housing consultant and predevelopment grant assistance. The next application round will be held in early 2024, and details will be announced soon. Full program details are available on the CHFA website.
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$65 million in new markets tax credits awarded | |
The Colorado Growth and Revitalization Fund (CGR Fund) has received an award of $65 million in federal New Markets Tax Credits (NMTCs), the highest award amount allocated to qualified applicants this year, according to the latest NMTC Program Award Book. This marks the fifth consecutive year that the CGR Fund has received NMTCs, and it is the largest one-year allocation in CGR’s history.
Since 2005, Colorado Housing and Finance Authority (CHFA) has administered New Markets Tax Credits through the CGR Fund, a Community Development Entity (CDE) that operates in partnership with the City and County of Denver and for which CHFA is the managing member.
Recent developments in Colorado supported by the CGR Fund through NMTCs include the Pueblo Community Health Center and the newly-completed Food Bank of the Rockies Western Slope Etkin Family Distribution Center.
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stefka fanchi appointed to chfa board of directors | CHFA congratulates President and Chief Executive Officer of Elevation Community Land Trust Stefka Fanchi on her appointment to its Board of Directors. An experienced leader in affordable housing, Fanchi has served as the President and Chief Executive Officer of Elevation Community Land Trust for the last five years and was previously the Executive Director of Habitat for Humanity of Colorado from 2004 to 2018. | |
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chfa launches homebuyer's roadmap | |
CHFA recently launched a digital resource to support Coloradans on their homebuying journeys. The Homebuyer’s Roadmap is interactive resource gives users the chance to “choose their own adventure,” featuring stops on the homebuying journey that highlight various aspects of purchasing a home, including homebuyer education, understanding credit, selecting a lender, inspections, and appraisals.
In addition to the interactive online version, CHFA will offer a print version of the Homebuyer’s Roadmap, which is available by request.
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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 October 9 - 15
- October 10 | Colorado SBDC Unstoppable Women’s Business Conference | Greeley | More Information
- October 11 | Special Olympics Hall of Fame Luncheon | Denver | More Information
- October 11 - 13 | Housing Colorado Annual Conference | Keystone | More Information
- October 12th | Aurora Public Schools Foundation Relentless Gala | Aurora | More Information
- October 13 | Treeline Pass Ghouls Night Out Gala | Cherry Hills Village | More Information
- October 14 | United Way of Morgan County – United We Race | Fort Morgan | More Information
- October 14 | Pueblo Latino Veterans Profiles in Courage Awards | Pueblo | More Information
- October 14 | Archway Communities Fundraiser – Carrie Newcomer in Concert | Cherry Hills Village | More Information
Week of October 16 - 22
- October 16 | Windsor Gives: Lenders vs. Real Estate Agents Golf Tournament | Fort Collins | More Information
- October 18 - 20 | EDCC Drive, Lead, Succeed Annual Conference | Grand Junction | More Information
- October 19 | 5th Annual Latino Chamber of Commerce of Pueblo Small Business Summit | Pueblo | More Information
- October 19 | NEWSED Civil Rights Awards | Denver | More Information
- October 19 | Project Angel Heart – A Taste For Life | Denver | More Information
- October 19 - 22 | Colorado Black Round Table Social Equity Summit | Denver | More Information
- October 20 | Mariposa Center For Safety Tribute to Women 2023 | Pueblo | More Information
- October 21 | Hope House Colorado Ignite the Night Gala | Westminster | More Information
Week of October 23 - 29
Week of October 30 - November 5
- November 1 | First Tee Colorado Rocky Mountains More Than a Game Luncheon | Denver | More Information
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CHFA Community Relationship Managers:
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Trisha Herman, Community Relationship Manager - Eastern Colorado,
970.812.1151
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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 | |
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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