Colorado Housing and Finance Authority (CHFA) Down Payment Assistance

Colorado Housing and Finance Authority

Available Down Payment

About This Program

CHFA provides down payment assistance loans for first-time homebuyers in Colorado, including Cañon City. The loan is forgiven after 5 years if the borrower remains in the home. Must be combined with a CHFA first mortgage.

Down payment assistance loan forgiven after 5 years of occupancy

Verified against Colorado Housing and Finance Authority's official page on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Down payment assistance up to $5,000 or 3%
  • For first-time homebuyers
  • Forgivable loan after 5 years
  • Must use CHFA first mortgage
  • Income limits apply

How to Apply

A grant-savvy contractor in Cañon City, CO can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing program

Questions about this program?

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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