Housing continuum Impact Denver August 23, 2016.

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Presentation transcript:

housing continuum Impact Denver August 23, 2016

about chfa CHFA was established in 1973 by the Colorado General Assembly. Operating expenses in 1974 were $76,000 and CHFA could only issue bonds up to $50 Million. CHFA received authority to do commercial loans in 1982. To date, approximately $12 billion has been raised and invested in Colorado.

2016 and beyond: mission We strengthen Colorado by investing in affordable housing and community development.

2016 and beyond: vision Everyone in Colorado will have the opportunity for housing stability and economic prosperity.

how chfa serves colorado’s housing continuum

chfa’s work since 1973 $8.9 billion in home finance production with 88,695 customers served with loans or mccs $1.8 billion in multifamily loan production, with 957 developments consisting of 60,513 units in portfolio 45,165 affordable multifamily units allocated Low Income Housing Tax Credits, totaling $255.7 million $1.1 billion invested in business lending serving 4,081 businesses and directly supporting 54,448 jobs