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Proposition 123:

Program Updates

February 13, 2025

Land Banking
Equity
Concessionary Debt

The Colorado Affordable Housing Financing Fund supports land banking, equity, and concessionary debt for affordable housing.

Equity Program Applications Accepted Beginning February 24th

Starting Monday, February 24th, and continuing through Tuesday, March 18th, at 5:00pm MT, applications will be available and accepted for the Proposition 123 Equity program.


The Equity program provides below-market-rate equity investments to eligible for-profit and nonprofit entities for the construction or preservation of low- and middle-income multifamily rental developments. A Tenant Equity Vehicle (TEV), funded through Proposition 123 program earnings, will be established by OEDIT, CHFA, and a third-party administrator to benefit the residents of developments that receive Equity financing.

February 24, 2025

CHFA will begin accepting applications.

March 18, 2025

Application submission period will end at 5:00pm MT.

May 2025

CHFA will announce project sponsors selected to receive

Equity funds.

Questions about the Equity program may be submitted to equity@chfainfo.com, and more information about the program is available on the Affordable Housing Financing Fund website.  

Equity Program Application Webinar

A webinar will be held Friday, February 21st, from 11:00am to Noon MT to discuss the application for the Equity program. The webinar will review the application process and requirements, and time will be allotted for questions. Prospective applicants are not required to attend this webinar, and a recording of the webinar will be published to the Affordable Housing Financing Fund website.


Equity Program Application Webinar

February 21, 2025

11:00am to Noon MT

Register for the Equity Program Application webinar


This meeting will be recorded by the presenter. If you do not want to participate in a recorded meeting, please do not connect to the call. A recording will be available for viewing in the future on the Affordable Housing Financing Fund website. Please be advised that as a political subdivision of the state of Colorado, CHFA is subject to the Colorado Open Records Act, which requires CHFA to permit inspection and copying of certain public records. The recording may be subject to the Act. Please do not share any confidential information if you join the call.

Contact

ColoradoAffordableHousingFinancingFund.com

AHFF@chfainfo.com

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.