Page 56 - 2014_15CommunityRpt_FlipBookPDF

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1993

1993-95 in Pritchett, was one recipient of a RENEW
Colorado loan in 1996. Offering recyclable
chfa launches materials collection services, the association
renew colorado serves the eastern plains, the southeast corner
loan program of Colorado, and even parts of Kansas.

As recycling and waste management began Repayments from the RENEW Colorado
an upward trajectory in the early- to mid- program continue to support small business
1990s, the Colorado General Assembly lending today.
amended CHFA’s statute to establish a
new loan program, RENEW Colorado. mid-1990s: chfa
The program offered loans to businesses purchases habitat for
responsible for diverting various materials humanity loans
from local landfills, or those having recycling
components in their regular operations. Through the purchase of mortgage loans,
CHFA created a secondary market for
The Southeast and East Central Recycling Habitat for Humanity of Colorado, and
Association, a nonprofit organization based created a sustainable funding source for
the organization. CHFA developed a lasting
partnership with Habitat by expanding to its
affiliates, and still manages its portfolio today.

Left: The Southeast and East Central Recycling Association, a business customer in Pritchett
Right: The Arevalo family, a homeownership customer in Greeley