chfa monthly impact report
June Report: Data from January 1 to May 31, 2026
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
2,126
Total homeowners served with loans
Zogo Users Report Improved Financial Literacy
In September 2025, CHFA announced a partnership with Zogo, a financial education app that simplifies personal finance through clear, easy-to-follow lessons. The app offers professionally verified, individually tailored educational modules on a range of topics including budgeting, saving, building credit, and preparing for homeownership.
Through the Zogo partnership, prospective and current CHFA homeowners may access the app for free. To date, 458 users have utilized Zogo, completing more than 4,800 learning modules. In a survey of CHFA Zogo users, 88 percent reported improved financial literacy as a result of using the app. “I really enjoy these courses,” said one CHFA Zogo user. “I’ve always wanted to learn more about personal finance, but I wasn’t sure where to find a trustworthy resource. This app has been exactly what I was looking for.”
$787,178,385
First Mortgage Loans
$425,619
Down Payment
Assistance Grants
$33,603,295
Down Payment
Assistance Seconds
2,780
Homebuyer Education
Customers Served
Customers
$376,755
Median Loan Amount
699
Median Credit Score
$103,723
Median Income
125%
Median AMI
93%
First-time Homebuyers
rental housing
1,696
Units supported with
loans, PAB, and/or
Housing Tax Credits
CHFA Announces Round One Housing Tax Credit Awards
In the first Housing Tax Credit round of 2026, CHFA awarded 14 developments reservations of state and federal Housing Tax Credits. This included awards of Transit-oriented Communities (TOC) credit to five developments. In total, the developments awarded in Round One will support 634 affordable rental housing units to serve various housing needs in Colorado, serving households with low and moderate incomes, individuals and families transitioning out of homelessness, individuals with intellectual and developmental disabilities (I/DD), and older adults.
The total private sector equity estimated to be raised by the credit awarded during this round exceeds $219 million. Developments supported will be located in Aurora, Cañon City, Clifton, Colorado Springs, Denver, Divide, Fort Lupton, Lafayette, Manitou Springs, Montrose, and Towaoc. For more details, view the full development descriptions and the 2026 Round One Award Report on CHFA’s website.
Pictured: 123 Manitou, Manitou Springs. Rendering courtesy of STUDIO Architecture.
30
Total Developments Supported
$57,585,352
Total Loan Production
$6,241,091
Multifamily Loan Commitments
Customers
1,441
Individual/Family Housing Units
31
Supportive Housing Units
183
Older Adult Units
41
Special Population Units
295
Preservation Units
0
Veteran Units
216
Rural Housing Units
business lending
155
Total businesses served
First Loan Closed Under CHFA Drive It Home – Construction Loan Program
In May, CHFA provided a $5.7 million construction loan to support Wolff Street Flats, a new, affordable for-sale condominium development in Denver’s West Colfax neighborhood. The development will offer 23 affordable condominium homes to qualified homebuyers and construction is scheduled to be completed in August 2027.
The CHFA Drive It Home – Construction Loan program provides below-market interest rates to home builders to support new construction of for-sale homes to be sold at affordable price points for Colorado buyers. The program is supported by a $50 million bond investment from the Colorado State Treasurer, authorized through Colorado Senate Bill 25-006. Wolff Street Flats is the first project to close under the program. In total, the program is estimated to support the construction of 182 affordable for-sale homes across the state.
877
Total Jobs Impacted
$31,634,703
Dollars Invested
Customers
38%
Women-owned
38%
Minority-owned
17%
Women- and
Minority-owned
$35,000
Median Loan Amount
community partnerships
168
Organizations supported
Investment Supports Neuro-inclusive Independent Living Program
CHFA recently provided a $25,000 grant to support the expansion of the FRIENDS of Broomfield Independent Living Academy (ILA), a program designed to help adults with intellectual and developmental disabilities (I/DD) successfully transition to independent living. The ILA provides curriculum that builds essential life skills such as financial management, homemaking, personal care, and community navigation, while also supporting caregivers as they prepare for their loved ones’ transition to independence. The program also integrates services for participants after they move into affordable neuro-inclusive housing. FRIENDS of Broomfield is currently working with a cohort of participants and their caregivers to prepare them to live at the Grove at Cottonwood, a neuro-inclusive community supported by state and federal Housing Tax Credits that is set to open in 2026.
$1,852,706
Total Giving
$274,875
Corporate Giving
(direct and in-kind)
$681,843
Regional Community
Investment Grants
$895,988
Technical Assistance
403
Staff Community Involvement Leave and Day of Service Hours
474
Technical Assistance Hours
$0
Staff Donation Drives
and Giving and Match
spotlight
chfareach Celebrated at Colorado NAHRO Conference
The Colorado NAHRO 2026 Annual Conference was held May 11-13 in Pueblo, and CHFA was a presenting sponsor. Each year, the conference brings together industry leaders and advocates to talk about solutions for strengthening affordable housing in Colorado. This year included a spotlight on the chfareach program’s 20th anniversary, celebrating the program’s two decades of impact supporting multifamily property staff members through a statewide, cost-effective educational platform.
New Law Establishes Transit and Housing Investment Zones
On Wednesday, May 27th, Governor Jared Polis signed HB26-1065. Among other provisions, the legislation creates a new state Housing Tax Credit administered by CHFA to support rental housing near existing and future transit stations with flexibility for Area Median Income (AMI) levels served for low- and moderate-income households. The new credit—Transit Zones (TZ) credit—is authorized to be awarded between 2027 and 2033 at $8.3 million per year.
Fitzsimons Gateway Celebrates Grand Opening
On Friday, May 29th, CHFA attended a grand opening celebration for Fitzsimons Gateway Apartments in Aurora. Developed by BMC Investments, Fitzsimons Gateway includes 210 affordable apartments. CHFA’s investment included $3.5M in federal 4 percent Housing Tax Credits alongside $44M in Private Activity Bonds. The development also received $4M from the Proposition 123 Concessionary Debt program, which CHFA manages on behalf of the Office of Economic Development and International Trade (OEDIT).
Photos:
Hero: CHFA Homeowner, Hande, Pueblo
Rental Housing: Rendering of 123 Manitou, Manitou Springs. Rendering courtesy of STUDIO Architecture
Business Lending: Rendering of Wolff Street Flats, Denver. Rendering courtesy of Osina Development
Spotlight, left: CHFA staff at the 2026 Colorado NAHRO Conference, Pueblo
Spotlight, center: Governor Jared Polis joins bill sponsors and stakeholders to sign HB26-1065 into law, Winter Park
Spotlight, right: Fitzsimons Gateway Grand Opening, Aurora