Colorado Housing Investment Fund
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The National Low Income Housing Coalition is providing this data as a public service. NLIHC will continue to update the database. The accuracy of the data is based on information provided by the programs' administrators and user submissions.
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The Colorado Housing Investment Fund (CHIF) was created in 2012 to provide low-interest short-term loans to help reduce the cost of financing construction during the development of affordable housing. Loans can be used for acquisition, new construction and rehabilitation of rental housing, or for bridge loans. The Division of Housing administers the CHIF and the Colorado State Housing Board reviews the accomplishments of the Fund annually.
Funding Description:
The program received $23 million in funding for FY14-15. Funding for FY12-13 was $13.2 million from the National Mortgage Settlement Fund.
Website: http://www.colorado.gov/cs/Satellite/DOLA-Main/CBON/1251638415915
Contact: Melissa Thate, Colorado Division of Housing, 303-864-7844, [email protected]
