Page 49 - 2014_15CommunityRpt_FlipBookPDF

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1984 In CHFA’s history, we have used MRBs to
support over 66,000 Colorado households and
mortgage revenue their dreams of homeownership.
bonds become
permanent One of those dreams come true was that of
Allen Ayers, a Navy veteran who moved back
Tax exempt financing for CHFA’s Single Family to his hometown of Las Animas to buy a home
Homeownership Program was at risk of ending and be around his grandkids, after his service
in the early 1980s, but in 1984 mortgage and successful career as a draftsman. Allen says
revenue bonds were continued by the U.S. that he approached a lender about a Veterans
Congress and became permanent. This allowed Affairs (VA) loan, but has been pleased with
for CHFA and HFAs all over the country to offer his CHFA experience. From the beginning of
affordable mortgages to low and moderate his homeownership experience, family was
income homebuyers for years to come. the cornerstone. He wasn’t just looking for
a house—he wanted to buy something that
could be a legacy to his children.

Allen Ayers, a homeownership customer in Las Animas