CHFA's mission is focused on strengthening Colorado by investing in affordable housing and community development. This includes supporting efforts towards affordable home ownership, rental housing, economic growth, and ensuring that everyone in Colorado has the opportunity for housing stability and economic prosperity.
The Direct Effect Awards are designed to support Colorado nonprofit organizations whose work aligns with CHFA’s goals in affordable housing and community development. Specific areas of support include affordable homeownership and improvements, development or preservation of affordable rental housing, economic development, and small business support. Furthermore, the grants aim to tackle broader societal challenges tied to education, mobility, health, and energy efficiency to support housing stability and economic prosperity.
Priority will be given to applicants dedicated to advancing their initiatives within any of the domains listed below: