Page 58 - 2014_15CommunityRpt_FlipBookPDF

1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993

2000 brownfields revolving
loan fund begins
40,000th single family
home financed CHFA became the fiscal agent for the new
Brownfields Revolving Loan Fund in 2000.
CHFA’s Home Finance Division reached This was a collective endeavor, involving
a milestone in 2000 when it provided five Colorado cities seeking economic
its 40,000th single family loan. Jeanette revitalization for future redevelopment
and Gerald Jaramillo were the borrowers through the cleanup of previously
of this loan. They purchased their home in contaminated commercial sites. This was the
Commerce City, where they lived with their first statewide loan fund of its kind created in
son, Stephan, and daughter Jenelle. the nation, and was recognized by the EPA as
the most successful.
By the end of 2014, CHFA has helped
more than 84,000 Coloradans achieve During the early years of the millennium,
homeownership. the City of Lakewood embarked on a
reinvestment project called Belmar, located
on land once occupied by the Villa Italia Mall.
The land required contamination remediation
due to an auto repair shop and dry cleaner
previously onsite. Through the Brownfields
program, CHFA was in a unique position

Left: The Jaramillo family, a homeownership customer in Commerce City
Right: Kids playing at Belmar, a business customer in Lakewood