What Is the Purpose of the Colorado Housing Authority?

What Is the Purpose of the Colorado Housing Authority?

The Colorado Housing Authority does not exist, but the U.S. Department of Housing and Urban Development lists the Colorado Division of Housing and the Colorado Housing Finance Authority as housing associations in Colorado. The Division of Housing was created in 1970 to improve housing access and provide funding to families.

The Colorado Division of Housing is responsible for disbursing funds to private developers, local governments and local housing authorities. It also operates a Housing Choice Voucher Program, provides funding for various homelessness programs and acts as a mediator between Colorado landlords and tenants. The Colorado Housing Finance Authority mainly provides financing and closing cost assistance to homeowners, along with advice and loans to businesses engaging in commercial construction or office rental.