CHFA Down Payment Assistance

Colorado Housing and Finance Authority

Available Down Payment

About This Program

Provides down payment and closing cost assistance as a second mortgage that is fully forgiven after 5 years of owner occupancy. Must be used in conjunction with a CHFA first mortgage loan.

Forgivable loan after 5 years; typically 3-4% of purchase price

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

Key Details

  • Up to $15,000 or 4% of loan amount
  • Forgivable after 5 years of owner occupancy
  • Must be combined with CHFA first mortgage
  • Income and purchase price limits apply
  • Helps cover down payment and closing costs

How to Apply

A grant-savvy contractor in Louisville, 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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