Affordable Housing Toolkit for Local Officials
This Toolkit is intended to improve the ability of local officials to understand and respond to the unique sets of housing challenges their communities are facing.
Check In with our Affordable Housing Specialists
Learn more about affordable housing development resources at the Division of Housing by contacting your Regional Housing Development Specialist (DEVO) and/or asset manager.
Housing Development Specialist
We assist developers and local governments in creating more affordable housing through gap funding for acquisition, rehabilitation and new construction projects. Contact your Housing Development Specialist to guide you through the planning and application process.
Asset Manager
Asset Managers handle a variety of tasks, including analyzing, negotiating, advising, training, monitoring, and managing a set of State contracts. These contracts are for projects and programs that get financial assistance from different federal and state funding sources.
Training, Education, and Resources
Affordable Housing Funding Opportunities
Affordable Housing Investment Fund
The Affordable Housing Investment Fund (AHIF) provides affordable housing lenders with capital resources so they can provide flexible, low-interest, and below-market rate funding that will support increases in new housing developments, the preservation and rehabilitation of existing home stock, property conversions, and nontraditional housing capacity in diverse geographic communities where the economic impact of COVID-19 has significantly affected housing affordability and availability.
Proposition 123
Several hundred million dollars for affordable housing will become available in the second half of 2023 due to the enactment of Proposition 123 by Colorado’s voters in 2022. This funding will be overseen by the Department of Local Affairs and the Governor's Office of Economic Development and International Trade.
Funding Opportunities for Affordable Housing Solutions and Homelessness Prevention
The Division of Housing provides funding opportunities to identify affordable housing solutions and homelessness prevention. Discover various opportunities, including requests for proposals, applications, and notices of funding availabilities, all tailored to support vital housing solutions. Additionally, the page offers invaluable guidance on securing grants and loans for further housing development initiatives.
View Funding Opportunities for Affordable Housing Solutions and Homelessness Prevention
Affordable Housing Development Funding Programs
If you are an affordable housing developer, public housing authority, or community organization that wishes to apply for funding for affordable housing development, homelessness prevention, or rental assistance projects, download the development application instructions, application, and related forms from this page.
Down Payment Assistance (DPA)
The Down Payment Assistance Program aims to help qualified low- to moderate-income families afford a home.
Rehabilitation Program
The goal of the Single Family Owner Occupied (SFOO) Rehabilitation ("Rehab") Program is to remove deficiencies or health and safety hazards, correct substandard conditions, correct violations of local housing codes, improve accessibility and improve energy efficiency for owner-occupied housing.