Your Road Home: CHFA Homeownership eNews

2024 homeownership highlights

Homeownership is possible, and to help achieve it, many of our customers have benefited from CHFA’s down payment assistance options linked above. In 2024, CHFA invested $76,789,215 in down payment assistance and supported 5,291 households with CHFA homeownership programs. The image below highlights 2024 homeownership statistics.

• 5,291 Households supported with CHFA homeownership programs • 7,900 Households completed a CHFA-sponsored homebuyer education class • 8.03% 60+ day delinquency rate for the homeownership portfolio • $1,934,937,609 Invested in first mortgage loans • $76,789,215 Invested in down payment assistance • 51,468 loans CHFA’s single family first mortgage servicing portfolio, with a total unpaid principal balance of $11,619,528,532

Who are CHFA’s customers? Here is a look at the background of CHFA homebuyers in 2024.

Millennial Adults with Children Millennial Adults Only Millennial One-person Generation Z Adults Only 17% of CHFA-funded loans (920 loans) 12% of CHFA-funded loans (645 loans) 10% of CHFA-funded loans (519 loans) 10.5% of CHFA-funded loans (554 loans) Medi

social media campaign generates over $8,000 for colorado nonprofit

CHFA recently donated $8,060 to We Don’t Waste, a Denver nonprofit working to increase food access and protect the planet by rescuing and repurposing food, while educating and advocating to increase food security and decrease food waste. The donation was the result of Like It Forward, CHFA’s annual social media campaign to benefit Colorado nonprofits whose work aligns with CHFA’s mission to invest in affordable housing and community development.

Consistent access to fresh, healthy food is a foundational element of economic stability and prosperity. According to Colorado Health Institute, an estimated 11 percent of Coloradans lack access to nutritious food. Meanwhile, as much as 40 percent of food in the United States goes unsold or uneaten, according to the USDA. You can find out how to access healthy, nutritious food through We Don’t Waste’s Mobile Food Markets here.

Online resources

CHFA Homebuyer's Roadmap

How to get a CHFA Loan Video

Mi Hogar (en Español)

Help for Homebuyers

Colorado Housing and Finance Authority

www.chfainfo.com

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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.