Page 54 - 2014_15CommunityRpt_FlipBookPDF

1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990

1991
1992

1993

1991 assistance program and since 2003, those
taking advantage have increased to
down payment 78 percent.
assistance launches
“We qualified for a loan that only required a
The dream of homeownership became 3 percent down payment, which is exactly
closer to reality for Coloradans in 1991 what we had in our savings. Two months
when CHFA launched its pilot down later, we signed on the dotted line and they
payment assistance program. The program handed us keys to our first home. We quickly
was designed for first time buyers and raced over to the house and unlocked the
financed their minimum down payment and door. This was our home!!” – excerpt from
closing costs. Zachary and Heidi Guzman’s Home is Where
Offering CHFA’s down payment assistance My Story Startssm contest entry.
program became a flagship in our Home
Finance Division’s suite of products, and 1992
continues to economically empower
Coloradans. Historically, 47 percent of CHFA’s chfa partners with
customers have used our down payment city of denver

The Mielkus family, a homeownership customer in Thornton