Rocky Mountain Voice

Menu

Tag: CHFA

Colorado teacher home loan program puts school fund money at risk in foreclosures
No Comments
Colorado Accountability Project, Approved, Commentary, State

Colorado teacher home loan program puts school fund money at risk in foreclosures

By Cory Gaines | Commentary, Colorado Accountability Project I wrote earlier in the week about Impact Development and taxpayer-subsidized mortgages. That newsletter is linked first below if you’re interested.I have an update of sorts to share. It’s not so much the program I outlined earlier, more a related program run out of Colorado Housing and Finance Authority (CHFA).The program is called the Schools to Home Program. The CHFA website for this program is linked second below. I’ll run through the details and a quick example here, but as I do, I do not want you to lose track of something.Hidden in all of the graphics and words are the following: public money is given out on loan to the people who are in the program, and they get generous terms on their loans that others woul...
Read More
Colorado wants your input on where affordable housing tax credits go
No Comments
Colorado Accountability Project, Approved, Commentary, State

Colorado wants your input on where affordable housing tax credits go

By Cory Gaines | Commentary, Colorado Accountability Project The Colorado Housing and Finance Authority is accepting public comment on proposed changes that will help determine how affordable housing tax credits are awarded across the state. In the commentary below, Cory Gaines argues Coloradans should pay closer attention to the Qualified Allocation Plan, the document that guides those funding decisions and influences which housing projects receive state-supported financing. Colorado Housing and Finance Authority wants comments on where they distribute housing money I do a weekly sweep of public notices for my town and often share them. This one actually applies to the whole state, so I'm sharing it as a full on post. Before looking at what this is in friendlier, l...
Read More