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Multifamily Program Compliance eNews Archive
As CHFA’s Board Chair, I can say without question that Cris will be tremendously missed. We trust and value Cris’ leadership and the culture of excellence he has cultivated during his tenure. His impact has been transformational for CHFA and its mission.
Earlier today, I shared with the Board of Directors my intention to retire as CHFA’s Executive Director and CEO effective March 2025.
On September 20th, HUD’s Office of Multifamily Housing Programs (MFH) published Housing Notice H 2024-09, which extends the date that Owners must be fully compliant with Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) to July 1, 2025.
In August 2024, HUD announced its inflationary adjustments for income and assets and the passbook rate that will take effect on January 1, 2025. These adjustments were put in place by the Housing Opportunity Through Modernization Act of 2016 (HOTMA).
Applications for CHFA’s Direct Effect Awards are due today, September 13th, by 11:59pm MT.
CHFA is pleased to announce the application for the second round of 2024 Direct Effect Awards is now open.
On behalf of Colorado Division of Housing, Enterprise Community Partners, and Community Builders, CHFA is sharing information about an upcoming webinar on August 14th to learn about the new Right of First Refusal and Right of First Offer legislation (HB24-1175).
Last Thursday, the Senate held a vote on the Tax Relief for American Families and Workers Act that would have expanded and enhanced affordable housing tax credits and bonds. Unfortunately, it failed by a vote of 48-44.
CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development.
The Senate is preparing to vote on a critical tax bill that would expand and enhance affordable housing tax credits and bonds. Among other provisions, the tax bill would:
CHFA is pleased to announce the promotion of Kristi Budish to director of community development. Budish has been a member of CHFA’s staff since 2010, most recently serving as manager of commercial operations and underwriting.
In this eNews: CHFA Multifamily Program Compliance Manual for Housing Tax Credit and CHFA Multifamily Loan Programs Updated for HOTMA; Housing Tax Credit and Multifamily Loan Programs Compliance Forms Updated for HOTMA; Upcoming HOTMA Trainings through chfareach; Section 8 Updates
Following HUD’s implementation of the NSPIRE standards in the fall of 2023, and CHFA’s implementation of the NSPIRE standards in January of 2024, CHFA is proud to introduce the CHFA NSPIRE Reference Guidebook.
Join us for the 2024 Housing Colorado statewide outreach and engagement series.
This year’s beneficiary is NEWSED Community Development Corporation. NEWSED promotes community development to underserved populations in Colorado by providing navigation for housing services, nurturing small businesses, and promoting asset creation.