Page 12 - 2014_15CommunityRpt_FlipBookPDF

Main Street in southern Colorado

we are chfa

This past year was a time of celebration as In December, we were proud to be
CHFA honored our 40th anniversary with recognized for our business lending
various events and activities. Throughout, work. The U.S. Department of Treasury
we also remained focused on ways to named CHFA fourth in the nation for
further our mission. successfully deploying nearly $17 million
in federal funds to help small businesses
We launched new programs and were access capital.
aggressive about “cutting the red
tape” in our home finance operations. More details about these efforts and
The results continue to strengthen our our work across our three major lines of
relationship with the mortgage lending business during 2014 may be found on
community, and allow us to better serve the following pages.
our customers.

Additionally, we faced unprecedented
demand for Low Income Housing Tax
Credits (LIHTC) and CHFA’s multifamily
loan programs, as pressure from the 2013
floods, rising rents, and low vacancies
exacerbated the need for affordable rental
housing across the state.

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