To help make housing and successful homeownership affordable to low and moderate income Colorado people by offering programs that:
  • Create and preserve homeownership for low and moderate income families
  • Prevent displacement of long term neighborhood residents
  • Stabilize neighborhoods
  • Introduce innovative ways to mobilize private and public investment to achieve these goals

In 1982, with leadership and financial commitments from local and national non-profit agencies, foundations, and public entities, Denver Family Housing Corporation, (DFHC) was created.  The 501©(3) not for profit agency was committed to increasing homeownership opportunities for lower income families.  In 1986, DFHC expanded its service area to include the entire State of Colorado and in 1987 changed the name to Colorado Housing Assistance Corporation, (CHAC).

CHAC Facts:

1982:     CHAC (formerly Denver Family Housing) is established
1986:     CHAC (formerly Denver Family Housing) expands to statewide service area

1987:     CHAC--Colorado Housing Assistance Corporation—name is adopted

1990:     CHAC becomes a CHFA LENDER focused on underserved borrowers and rural

1991:     CHAC is featured on ABC’s 20-20 News program for its foreclosure prevention
                program that “really works.”

1994:     CHAC Launches the HOPE program to assist low income homebuyers with mental 

1996:     CHAC receives “Partners in the American Dream” award from HUD.

1997:    CHAC modifies the HOPE program to include low income people with all types of 

1998:    CHAC receives Denver CDBG Recognition Award from Denver’s Community
               Development Agency.

2000:     CHAC is certified by the US Treasury as a CDFI  (Community Development

2001-2005  The CAN Program, in partnership with Wells Fargo, provides below market
                 construction financing to non-profit developers of affordable housing.

2001:     CHAC purchases its  new home at 670 Santa Fe. 

2001:     CHAC receives the Dan B. Davidson Award for Excellence in Inclusion from the
                Colorado Developmental Disabilities Planning Council

2004:     CHAC receives the Eagle Award from the Colorado Housing Now Conference

2005:     CHAC develops HOME SAVER program to provide closing cost assistance to seniors
                 with Reverse Equity Mortgages.

2007:     CHAC receives the HOPE Award from the National Association of Realtors.

Since 1982, CHAC has assisted more than 7,500 first-time home buyers with down
and closing costs.

Since 1982, CHAC has loaned more than $40 million and leveraged at least $1.13 billion in first mortgage investment in Colorado.

Since 1982, CHAC has helped nearly 1,000 families save their homes from foreclosure.

Since 1991, CHAC has provided homebuyer education classes for an estimated 20,000 people.

Since 1982, CHAC has made loans in 38 Colorado counties and all Denver City Council Districts.

Designations, Certifications
  • 501©, (3) Not for Profit Agency
  • HUD Approved Counseling Agency
  • CBDO (Community Based Development Organization)
  • CDFI (Community Development Financial Institution) 

Board of Directors
Carlos Ramos, Chair
Harold Bouchard, Vice Chair
Rodger Hara, Secretary
William Steitz, Asst. Secretary
Bruce Robbins, Treasurer
Michael Gilbert
Scot Barker
Karen Harkin
Bill Lunsford
Larry Nelson
Peter Hynes
Susan Ailres

2009 Financial Supporters

City and County of Denver
City of Lakewood
City of Golden
Arapahoe County
Jefferson County
Colorado Division of Housing
US Department of Housing and Urban Development
Colorado Housing and Finance Authority
CHAC Board of Directors
Colorado Association of Realtors, Housing Opportunity Fund
Denver Housing Authority
Mercy Loan Fund
FirstBank of Colorado
Bank of the West
Wells Fargo

Annual Reports and Publications

2007 Annual Report

2008 Annual Report

2009 Annual Report

2010 Annual Report