Community Engagement Update Q1 2024

own a home to house your dreams.

own your tomorrow.



"As the state housing and finance authority, it is not just our mission but our responsibility to ensure that homeownership access is equitable for everyone in Colorado. We are dedicated to increasing Black and African American homeownership because we understand that homeownership isn’t just for now—it can build wealth and community for the future." Cris White, CHFA Executive Director and CEO

47 out of 635

Households Served

CHFA has a strategic initiative to increase Black and African American Homeownership by 635 households in 2024.

Data pulled as of March 1, 2024

How we determine our Households Served strategic goal

Over the past two years, CHFA has had the goal of increasing Black and African American homeownership by 25 percent. While we did not achieve this goal, the work continues, and the goal remains! In 2024, we hope to help 635 Black and African American households achieve homeownership.  



This year we will be counting any borrower and/or coborrowers who self-identify as “Black or African American” when completing their mortgage application. In addition, we will incorporate our indirect investments—our support for community-focused programs—including the Dearfield Fund for Black Wealth, FirstBank’s PATH Grant program, Elevations Community Land Trust’s Doors program, and organizations awarded Direct Effect funds that directly support Black and African American homeownership. We support these programs because we believe that partnership and multiple resources are keys to addressing the homeownership disparity in Colorado. 

Through community engagement, CHFA and stakeholders recommended the following strategic pillars to address homeownership equity.  

education

Manual Alumni Homebuyer Seminar

Greg Brown, CHFA Business Development Specialist, presented at the Manual Alumni Nation’s free homebuyer workshop held on Saturday, February 3, 2024. Attendees learned how to build generational wealth with information to purchase and maintain a home.

Other presenters included representatives from Dearfield Fund for Black Wealth, metroDPA Social Equity Program, and FirstBank’s Path Program.

Learn more about the Manual High School Thunderbolt Alumni Nation Inc. here.

outreach

Inaugural NAREB Colorado Springs Installation Meeting

Greg Brown, CHFA Business Development Specialist, attended and spoke at the Installation meeting for the new Colorado Springs National Association of Real Estate Brokers, (NAREB) Chapter held on January 20th. He shared information about CHFA’s ongoing efforts of increasing homeownership within the Black and African American communities across Colorado.

Other notable attendees included NAREB’s National President Dr. Courtney Johnson Rose; Dr. Detra Duncan, first Black Councilperson in the town of Fountain; and the first Black Mayor of Colorado Springs Yemi Mobolade. 

resources

Cross Purpose

CHFA is partnering with Cross Purpose to present an Own Your Tomorrow Homebuyer Event on March 16th and quarterly throughout the year. We are thrilled to partner with such a great organization to offer these free homebuyer events!

CrossPurpose is a nonprofit organization abolishing relational, economic, and spiritual poverty through career and community development. They offer career training and certification in certain industries, focused on personal growth and community.



Learn more about CrossPurpose and learn about CHFA’s free homebuyer events.

we hope to see you

CHFA in Community

CHFA was proud to participate in the following Black and African American-led organizations and events. If you see us at an event, please come over and chat with us to learn how we can help you become a homeowner!



• February 3 – Manual Alumni Homebuyer Workshop
• February 5 – CrossPurpose Financial Wealth/Homebuyer Seminar
• February 8 – African Leadership Group Facebook Live Promotional Event
• February 17 – African Leadership Group Homeownership and Financial Workshop
• February 24 – Homeownership Now Housing Urgency Forum
• February 24 – Denver NAACP Freedom Fund Gala

Coming up

• March 9 – African American Youth Leadership Conference
• March 16 – CHFA and CrossPurpose: Own Your Tomorrow Free Homebuyer Event – Register here!
• April 11 – DMAR Diversity Alliance Committee Down Payment Assistance Event
• April 12 – Regis University Housing Equity Panel
• April 13 – Denver NAREB Homeownership Summit
• April 25 – 2024 Denver Metro Fair Housing Conference

Share Your Thoughts

Share your thoughts with us or share ideas for how we can help increase homeownership.

• Keep CHFA aware of events and sponsorships in your community.

• Visit us at our booth at community events.

• Promote CHFA events to friends and family.

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