chfa monthly impact report
January Report: Data from January 1 to December 31, 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
5,491
Total homeowners served with loans
2025 Homeownership Highlights
CHFA supported more than 5,400 households in achieving homeownership throughout 2025 and served more than 8,700 homebuyer education customers. In response to community feedback, CHFA expanded its financial education resources through a partnership with financial technology firm Zogo to offer free access to a financial education mobile app for Colorado homebuyers. In 2025, prospective and current CHFA homeownership customers using Zogo completed more than 2,900 learning activities, and 91 percent reported improved financial literacy.
To support Black and African American homebuyers, CHFA hosted Building Legacy: A Black Homeownership Series, in-community events that explored how to overcome homeownership barriers and create the opportunity for building generational wealth. In response to customer and lender feedback, CHFA introduced a program to support permanent interest rate buydowns on eligible loans, and expanded eligibility for the CHFA FirstGeneration program by requiring that only one borrower be a first-generation homebuyer to qualify.
$2,039,617,420
First Mortgage Loans
$812,009
Down Payment
Assistance Grants
$85,297,254
Down Payment
Assistance Seconds
8,722
Homebuyer Education
Customers Served
Customers
$374,700
Median Loan Amount
698
Median Credit Score
$101,832
Median Income
130%
Median AMI
93%
First-time Homebuyers
rental housing
5,732
Units supported with
loans, PAB, and/or
Housing Tax Credits
2025 Rental Housing Highlights
In 2025, CHFA was proud to allocate the inaugural awards for the Middle-income Housing Tax Credit (MIHTC) and Transit-oriented Communities (TOC) credit, which address the need for affordable middle-income rental housing and affordable housing needs in transit corridors. In addition, CHFA worked to implement the federal Housing Tax Credit program expansions established by the passage of H.R. 1 by Congress in July 2025.
To better serve affordable rental housing developers, CHFA launched the Closing Deals to Open Doors initiative to streamline multifamily loan closing processes. CHFA’s multifamily loan commitments totaled $160.5 million in 2025, the fourth highest annual total in CHFA’s history. Finally, CHFA was proud to join the Department of Local Affairs (DOLA), the Office of Economic Development and International Trade (OEDIT) and Denver’s Department of Housing Stability (HOST) to announce 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.
Rendering of St. Louis Landing Building C, courtesy of Fraser Housing Authority, supported with MIHTC, Fraser
59
Total Developments Supported
$554,981,868
Total Loan Production
$160,552,011
Multifamily Loan Commitments
Customers
4,784
Individual/Family Housing Units
285
Supportive Housing Units
663
Older Adult Units
0
Special Population Units
746
Preservation Units
0
Veteran Units
807
Rural Housing Units
business lending
475
Total businesses served
2025 Business Lending Highlights
CHFA was proud to introduce the Single Family Construction Loan and the CHFA Drive it Home – Construction Loan in 2025, responding to the need and demand for affordable for-sale homes throughout the state. Loans approved in 2025 will support the development of 340 affordable, for-sale homes. CHFA’s Business Finance Division also worked to implement and launch the Accessory Dwelling Units (ADU) Relending Program, which will provide financing to lenders offering loans to eligible borrowers for the construction or conversion of ADUs.
Finally, in December, the Colorado Growth and Revitalization Fund (CGR Fund), for which CHFA is the managing member, received $90 million in New Markets Tax Credits to support community development and revitalization. This marked the seventh consecutive year that the CGR Fund has been awarded NMTCs. Projects awarded NMTCs in 2025 include the Boys and Girls Club of San Luis Valley Early Childhood Learning Center in Alamosa and two health care facilities operated by Valley-Wide Health Systems to serve La Junta and the surrounding Southern Colorado region
2,814
Total Jobs Impacted
$122,757,857
Dollars Invested
Customers
38%
Women-owned
43%
Minority-owned
18%
Women- and
Minority-owned
$36,105
Median Loan Amount
community partnerships
673
Organizations supported
2025 Community Partnerships Highlights
In December, CHFA announced its Round Two Direct Effect Award recipients, bringing CHFA’s annual Direct Effect Awards total to $2.5 million supporting 254 mission-aligned organizations. CHFA also announced its Like it Forward social media fundraising campaign, which supported a $30,000 donation to Food Bank of the Rockies and their work to address hunger and food insecurity throughout the state. Alongside the Like it Forward donation, CHFA provided an additional $145,000 to 35 food banks and pantries navigating increased demand during their busiest time of year.
Throughout the year, CHFA made investments in direct response to community needs, including donations to organizations working to repair and rehabilitate single family homes, sponsorship of KSUT Southern Ute Tribal Radio, an investment in Thistle Community Housing to support mobile home park preservation in the Roaring Fork Valley, and a donation to the Yampa Valley Disaster Recover Fund in response to the Elk, Lee, and Crosho wildfires in Northwest Colorado
$7,999,993
Total Giving
$4,075,961
Corporate Giving
(direct and in-kind)
$2,423,305
Regional Community
Investment Grants
$1,498,222
Technical Assistance
1,366
Staff Community Involvement Leave and Day of Service Hours
892
Technical Assistance Hours
$2,505
Staff Donation Drives
and Giving and Match
spotlight
CHFA Attends Colorado Counties Inc. (CCI) Conference
CHFA was proud to sponsor and attend the Colorado Counties Inc. (CCI) Conference in Westminster in December, which hosted local government leaders and county commissioners from across Colorado. CHFAians Kristi Budish, Adina Raizen, and Matt Lynn participated in a panel to discuss CHFA’s role in financing affordable housing, and to present CHFA’s Gap Map, an interactive tool illustrating key data relating to housing affordability throughout the state.
CHFA Co-Hosts Affordable Housing Preservation Summit
In December, Enterprise Community Partners and CHFA hosted the 2025 Colorado Affordable Housing Preservation Summit at the University of Denver. The event convened more than 100 leaders from organizations in Colorado working to preserve Colorado’s existing affordable housing inventory. The event included presentations from experts working in affordable housing preservation across the nation, as well as a keynote address from CHFA Executive Director and CEO Thomas Bryan.
The Buildout Podcast Achieves Listenership Milestone
Throughout the year, CHFA published a total of 15 episodes of The Buildout Podcast on the CHFA website and on major podcasting platforms. The second season concluded in December, and it included episodes about neuro-inclusive housing, childcare, New Markets Tax Credits, and housing for Colorado’s growing population of older adults. Based on listenership data analyzed at the end of Season Two, The Buildout is now among the top 25 percent of podcasts overall.
Photos:
Hero: Nyiesha, CHFA homeowner, Denver
Rental Housing: Rendering of St. Louis Landing Building C, courtesy of Fraser Housing Authority, supported with MIHTC, Fraser
Community Partnerships: We Don’t Waste, 2025 Round Two Direct Effect recipient, Denver
Spotlight, left: CHFAians Kristi Budish, Adina Raizen, and Matt Lynn in a panel at the Colorado Counties Inc. (CCI) Conference, Westminster
Spotlight, center: CHFA Executive Director and CEO Thomas Bryan speaking at the 2025 Colorado Affordable Housing Preservation Summit, Denver