Types of Programs we Fund

DOLA’s Division of Housing (DOH) provides financial support to developers, public housing authorities, and community organizations to fund the following types of affordable housing, homelessness prevention, and rental assistance projects:

New construction

Funding is available for single-family housing and multifamily housing projects, including new construction and land acquisition with preference toward multifamily projects serving the homeless, domestic violence and other special needs.

 

Property acquisition

We help developers and local governments purchase property for new housing development.

 

Housing development and redevelopment

We provide resources for new housing development and neighborhood improvement projects.

 

Bridge loans

For eligible projects, the division can provide short term funding for purchases until longer term financing is available.

 

Disaster recovery housing

We help citizens who have lost their housing to natural disasters with shelter, housing rehab and rental assistance.

 

Revolving Loan Fund (RLF)

We currently fund RLFs for Single Family Owner Occupied Rehabilitation (Rehab), Down Payment Assistance (DPA), and similar homeownership assistance programs. These guidelines give direction to agencies applying for revolving loan fund programs. They do not apply to housing developers applying to DOH for grant funds to acquire or build for-sale homes.

 

Tenant-based rental assistance

We administer rental assistance that a tenant can take with them from one rental unit to another.

 

Homeless assistance & prevention

  • Shelter & operating costs
  • Essential social services
  • Homelessness prevention, including emergency shelter
  • Renovation, rehabilitation or conversion of buildings for use as emergency shelter or transitional housing for the homeless

 

Family unification

The division partners with the Colorado Division of Child Welfare and local service providers to make Housing Choice Vouchers (HCVs) available to:

  • Youth 18 -  21 years old who have aged out of foster care
  • Families where lack of adequate housing is a primary factor in:
  • The imminent placement of children in care outside the home
  • The delay in the discharge of children to the family from out-of-home care.

 

Assistance to people living with AIDS

The division administers the Housing Opportunities for People with AIDS (HOPWA) program which provides funding for:

  • Rental assistance
  • Short-term payments to prevent homelessness
  • Supportive health care and mental health services, chemical dependency treatment, nutritional services, case management and assistance with daily living
  • Acquisition, rehabilitation or new construction of housing units
  • Costs for facility operation
  • Administration
  • Coordination of diverse community organizations and public agencies

 

Guidelines & Standards


Revolving Loan Fund (RLF) Guidelines

Program Income (PI) Guidelines

Single Family Owner Occupied (SFOO) Rehab Standards

Multifamily Rehab Standards

 

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