CHFA FirstGen Down Payment Assistance

Colorado Housing Finance Authority

Available Down Payment

About This Program

Provides forgivable down payment assistance for first-generation homebuyers in Colorado whose parents have not owned a home. Can be combined with CHFA first mortgage loans for additional benefits.

5% of purchase price, up to $17,500, forgiven over 5 years

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

Key Details

  • Up to $17,500 forgivable loan for down payment
  • Must be first-generation homebuyer
  • Combine with CHFA mortgage for best rates
  • Forgiven after 5 years of occupancy
  • Income limits vary by county

How to Apply

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

Deadline: Ongoing while funds available

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