Progress Made and Work to Do CHFA remains committed to reducing the significant homeownership gap for Black and African American households, and will do so with the utmost transparency and accountability. In 2022, 5% of CHFA home finance customers self-identified as Black or African American, as compared to 2% of all Colorado homeowners. As part of the Own Your Tomorrow campaign, CHFA launched a quarterly eNewsletter to share regular community engagement updates, as well as information on programs and services to support homeownership equity. Each newsletter also contains an update on our strategic initiatives and our yearly benchmarks. You can sign up for the eNews here, and view an archive of past editions here. If you’d like to learn more about CHFA’s efforts to reduce the homeownership gap for Black and African Americans in Colorado, please visit the Own Your Tomorrow webpage on the CHFA website. That webpage is also a great starting point for anyone interested in taking their next step toward homeownership. You can also reach out to me and my colleagues on the Home Finance team – we’d love to hear from you, to answer your questions, and to learn how CHFA can continue to serve as partner in the ongoing work to promote homeownership equity throughout our state.
sharing resources and partnership opportunities with lenders, real estate agents, and other industry professionals who share in the mission of reducing the homeownership gap. This work includes strategic investments in financial tools to promote homeownership equity, such as CHFA’s investments in FirstBank’s PATH (Providing Access to Homeownership) Grant program and Elevation Community Land Trust’s Doors Program, not to mention CHFA’s partnership with the Dearfield Fund for Black Wealth, all of which are down payment and/or financial assistance programs for first-time Black and African American homebuyers in Colorado. In addition, the PATH and Doors programs can be paired with CHFA’s down payment programs.
Own a home to house your dreams.
Own your tomorrow.
Black family in front of their new home. (Photo: Adobe)
20 The Acumen
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