chfa monthly impact report
December Report: Data from January 1 to November 30, 2025
CHFA strengthens Colorado by investing in affordable housing and community development. CHFA’s work supports communities and creates jobs. We are proud to invest in Colorado’s success.
This monthly report provides a year-to-date snapshot of CHFA’s investments to support affordable housing and community development throughout Colorado, along with related narratives and analyses.
Please click here for a printable PDF version of this month’s report.
CHFA
Homeownership
Rental Housing
Business Lending
Community Partnerships
homeownership
4,980
Total homeowners served with loans
CHFA Participating Lender Survey Indicates High Satisfaction
CHFA recently concluded its annual survey of Participating Lenders, through whom CHFA offers its home mortgage and down payment assistance programs. This survey provides CHFA with valuable information about what’s working well, and where there are opportunities for continuous improvement. The 2025 survey indicates that lenders’ overall experience with CHFA is overwhelmingly positive, with 98 percent of survey respondents rating their experience with CHFA as “good” or “very good.” Areas of particularly high satisfaction included loan operations, CHFA processes, communication, resources, document preparation, and homebuyer education. Areas of opportunity for improvement identified by survey respondents included loan servicing and borrower requirements.
$1,854,330,050
First Mortgage Loans
$702,605
Down Payment
Assistance Grants
$77,390,489
Down Payment
Assistance Seconds
7,533
Homebuyer Education
Customers Served
Customers
$375,883
Median Loan Amount
697
Median Credit Score
$102,125
Median Income
130%
Median AMI
92%
First-time Homebuyers
rental housing
5,354
Units supported with
loans, PAB, and/or
Housing Tax Credits
Round Two Housing Tax Credit Awards
Nine affordable rental housing developments were awarded reservations of state and federal 4 percent Housing Tax Credits in CHFA’s second allocation round of 2025. In addition, five developments were awarded reservations of the new Transit-oriented Communities (TOC) credit, authorized in 2024 and available for reservation starting this year. In total, the nine developments supported will create or preserve 840 affordable apartments serving low-to-moderate income households and persons experiencing homelessness. The total private sector equity investment estimated to be generated from the credits awarded exceeds $209.5 million.
For more details, view full development descriptions and the 2025 Round Two Award Report on CHFA’s website.
1001 Lincoln Street, Denver – Developers: Kentro Group and ComCap Ventures LLC
1139 Delaware Street, Denver – Developer: Sherman Associates Development LLC
Atwood Commons, Longmont – Developer: Brikwell
Central Park Station Phase I, Denver – Developer: Ulysses Development Group
Cole Train, Denver – Developer: Medici Development LLC
Crossbar Commons, Aurora – Developer: Mercy Housing Mountain Plains
Sugar Commons, Sterling – Developer: Völker Housing Partners, LLC
University Building Lofts, Denver – Developers: Mile High Development and BMC Investments
Village on Eastbrook, Fort Collins – Developer: Housing Catalyst
Rendering of Sugar Commons, courtesy of Van Meter Williams Pollack
55
Total Developments Supported
$525,597,098
Total Loan Production
$155,283,996
Multifamily Loan Commitments
Customers
4,536
Individual/Family Housing Units
200
Supportive Housing Units
618
Older Adult Units
0
Special Population Units
746
Preservation Units
0
Veteran Units
807
Rural Housing Units
business lending
441
Total businesses served
Cash Collateral Support Provided to Van Conversion Company
Meet Wayfarer Vans, a local camper van conversion company based in Colorado Springs. In November, Wayfarer Vans received a loan from Wells Fargo Bank accompanied by a $363,000 investment from CHFA’s Cash Collateral Support program to finance the purchase and renovation of commercial property where the business will perform van retrofits and renovations. In addition to converting cargo vans to camper vehicles, Wayfarer designs and manufactures add-on kits on site that can be retrofitted to their previously sold products. The financing provided will help Wayfarer Vans retain 24 full-time jobs and support an estimated 10 additional full-time positions.
2,666
Total Jobs Impacted
$92,742,390
Dollars Invested
Customers
38%
Women-owned
43%
Minority-owned
18%
Women- and
Minority-owned
$36,105
Median Loan Amount
community partnerships
522
Organizations supported
Like It Forward Fundraiser Benefits Food Bank of the Rockies
Like It Forward is 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. This year’s campaign benefits Food Bank of the Rockies, a hunger relief organization working to ignite the power of community to nourish people facing food insecurity across Colorado. Food Bank of the Rockies partners with more than 800 Hunger Relief Partners across a service area that covers 150,000 square miles.
From December 1st through December 15th, CHFA shared #LikeItForward25 posts on its Facebook, Instagram, X, and LinkedIn accounts featuring information about Food Bank of the Rockies. For each like and share the posts received, CHFA will donate $5 to the nonprofit up to $50,000.
$6,295,279
Total Giving
$2,573,231
Corporate Giving
(direct and in-kind)
$2,285,055
Regional Community
Investment Grants
$1,436,563
Technical Assistance
1,224
Staff Community Involvement Leave and Day of Service Hours
883
Technical Assistance Hours
$430
Staff Donation Drives
and Giving and Match
spotlight
CHFA Takes Part in Affordable Housing Finance Live
Kathryn Grosscup, CHFA Manager, Housing Tax Credit recently spoke at AHF Live, Affordable Housing Finance Magazine’s annual conference in Chicago. Kathryn took part in the panel Finance: HFA Roundtable – State Strategies, Partnerships, and Housing Credits. Each year, AHF Live brings together for-profit and nonprofit developers, housing agency leaders, and service providers from across the country.
Veterans Small Business Conference Held in Colorado Springs
CHFA was proud to sponsor and attend the 18th Annual Veterans Small Business Conference in Colorado Springs on November 6th and 7th. Hosted each year by the Colorado Small Business Development Center Network, the conference provides educational and networking opportunities for veteran entrepreneurs, including the opportunity to showcase and sell products. CHFAians in attendance included Community Relationship Managers Caroline Trani and Kaylee Romero.
Housing Hub Colorado Launched
On November 25th, CHFA joined the Colorado Department of Local Affairs (DOLA), the Office of Economic Development and International Trade (OEDIT), and the City and County of Denver’s Department of Housing Stability (HOST) to announce the launch of Housing Hub Colorado, an initiative designed to bring key agencies together to support a streamlined process for developers applying for Housing Tax Credits and associated gap financing. More information is at housinghubcolorado.com.
Photos:
Hero: Cover: Resident at Deer Run, Sterling
Rental Housing: Rendering of Sugar Commons, courtesy of Van Meter Williams Pollack
Community Partnerships: Food Bank of the Rockies volunteers and community members
Spotlight, left: CHFA Manager, Housing Tax Credit, Kathryn Grosscup (second from left) participates on a panel at the Affordable Housing Finance Live Conference in Chicago
Spotlight, center: CHFA Community Relationship Managers Kaylee Romero (left) and Caroline Trani (right) attend the Veterans Small Business Conference in Colorado Springs.