Colorado Investors: Success with CHFA Multifamily Loan Programs?

[Brandon Hagen]

All,

Learning about the Colorado Housing and Finance Authority (CHFA) Multifamily loan programs, curious if any of you have had success. I have steered away from CHFA for down payment assistance (DPA) as I understand this would indefinitely limit rental income for an investor. That said, it appears that CHFA's multifamily loan programs encourage investment activity, but focus on providing low- to medium-income housing options. I understand affordable housing can come with its own batch of issues for a landlord, so insight on that is also welcome.

Kind regards,

-Brandon