Disaster Recovery Housing Construction
Housing Construction is available for both single-family housing projects as well as multifamily housing construction. It can include new construction and land acquisition. The State offers preference for new construction multifamily projects serving the homeless, domestic violence, and other special needs.
Joint Funding Opportunities
The Colorado Division of Housing (DOH) and the Colorado Housing and Finance Authority (CHFA) have announced a joint 4% LIHTC/State LIHTC/CDBG-DR (Disaster Recovery) funding round to support the flood recovery efforts.
To be eligible for State Low Income Housing Tax Credits (LIHTC), the applicant is required to hold a public hearing prior to submitting an application. A local government contribution to the project is also required. State LIHTC applications for projects in designated disaster areas must demonstrate eligibility for CDBG-DR funds and must apply for CDBG-DR funds. State LIHTC awards for these projects will be conditioned upon the receipt of an award of CDBG-DR funds.
Staff are currently working with those eligible applicants who applied to reimburse them for disaster-related expense.
- Guidelines for all Housing Assistance Programs
- Application Instructions
- Program Income Guidelines
- Revolving Loan Fund (RLF) Program Guidelines
- Development Proforma Spreadsheet
- CDBG-DR Loan Term Sheet
- New Construction Process Flowchart
If you have questions, email Alison O'Kelly.