Accessory Dwelling Unit Finance Program
Colorado Office of Economic Development and International Trade
Who can apply
Business, Government
About this opportunity
The Accessory Dwelling Unit Finance Program supports the construction and conversion of new accessory dwelling units across Colorado. The program includes revolving loans and interest rate buydowns for qualified lenders who will loan directly to borrowers to support low to moderate Colorado residents in Accessory Dwelling Unit Supportive Jurisdictions, as well as credit enhancement for Colorado lenders who support low to moderate income borrowers for the construction or conversion of ADUs. This program is administered by the Colorado Housing & Finance Authority (CHFA). For more information, visit CHFA’s ADU Financing Program webpage. Type: Loans, Interest Rate Buy-Downs and Credit Enhancement For: Eligible Lending Institutions who will lend directly to borrowers Amount: $8 million Applicat...