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2008 of providing counseling throughout the state at
no cost to borrowers. CHFA received the $1.5
chfa creates foreclosure million grant that same year from the National
prevention programs Foreclosure Mitigation Counseling Program
(NFMC). To date, CHFA has administered more
With the state’s foreclosures at historically high than $7.7 million in grant funds from NFMC and
levels, CHFA partnered with industry leaders others, and has served nearly 27,000 households.
including real estate agents, lenders, and the
Colorado Division of Housing to sponsor the
Colorado Foreclosure Hotline, a resource that
could connect homeowners at risk of foreclosure
with free, HUD-approved housing counseling.
In 2008, CHFA partnered with 12 housing
counseling agencies, including the Colorado
Foreclosure Hotline, to apply for federal grants
created by Congress and administered by
NeighborWorks America to support the costs
Mesa Developmental Services, a business customer in Grand Junction
