Information for Applicants and Developers
The Colorado Division of Housing finances the construction of new housing and rehabilitation of existing housing. The housing must be owned or occupied by persons with moderate to low income. Local housing authorities, private developers, nonprofit corporations, cities and counties may apply for financing. Most grants require a contribution from the community served.
The Division of Housing uses federal and state funds for:
-Elderly, small & large families, disabled individuals, and seasonal workers whether they are homeowners or renters;
-Construction/rehabilitation of multifamily apartments, single family houses, homeless shelters.
-Direct loans, loan guarantees, equity investments, or subordinated debt for construction or permanent financing.
To ensure that the State is served effectively, DOH staff are assigned particular regions. Technical assistance includes helping communities identify housing needs and securing private and public financing. In addition, DOH aids communities in forming housing development teams. For more information on development financing, access the staff list.
Colorado Division of Housing Grants and Loan Application
If you have questions about the application packet, please contact the Housing Development Specialist for your area.
Community Housing Development Organization (CHDO) Information
2009 HUD Section 8 Income Limits
2008 Fair Market Rents (PDF) (Colorado begins on Page 4)
Private Activity Bond Information
Division of Housing Application and Underwriting Process Workshop - The Division of Housing holds periodic workshops to explain the application process for housing development grants and loans. These workshops also explain how projects are underwritten by staff and the importance placed upon certain factors in this underwriting.
Developer's Tool Kit (PDF) - Everything you ever wanted to know about the housing development process can be learned in this two-day workshop.
Publication: Used with the training or available on its own. The A-Z's of the housing development process.
Comprehensive reference book with many examples from existing projects. May be ordered for $36-postage included.
Advanced Finance
- Work with your peers on three in-depth project case studies, including rental acquisition, rural rental preservation, and new rental development . Learn about financing options, maximizing affordability, and project phasing. This class is designed for housing developers who want to use more complex financing sources. Participants must have a high level of comfort with Microsoft Excel and with the basic principles of real estate finance.
Next Class: November 3rd and 4th, 2009
Where: Centennial Building, 1313 Sherman St., Room 318
Denver, CO
Brochure and Registration Form
The Colorado Division of Housing now offers a variety of vacancy and rent surveys:
Housing Needs Assessments
The Division of Housing funds housing needs assessments for your community. Click here to see recently completed local needs assessments.
Community Development Block Grant Program
Download or view the CDBG Guidebook here.