Affordable Housing Program (Colfax Ave) - City of Denver

Colfax Ave - City of Denver

 
Data Provided By
Mile High United Way - MHUW
General Information
Description of ServiceDenver's Affordable Housing Ownership program allows qualified, modest-income residents to purchase affordable condos and houses. Available units are in short supply and demand is high.
LocationDenver County
Geographical AreaCity and County of Denver
Facility/ADA AccessYes
Intake ProcedureComplete an online income verification form.
Intake RequirementsMust complete a HUD-approved homebuyer education course available through one of the following agencies: http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm
Helpful TipsHUD Area Median Income Requirements: https://www.denvergov.org/content/dam/denvergov/Portals/housing-resources/documents/2019%20AMI.pdf
 
Client Information
EligibilityMust meet the following criteria:
- Income within the minimum and maximum of HUD's Area Median Income guidelines. Most properties require a minimum of 50% and an maximum of 80%.
- Housing payment (i.e., principal, interest, property taxes, property insurance, mortgage insurance, and HOA dues) must not exceed 35% of household's gross monthly income. Some high need areas may allow up to 43%.
 
Fees or Charges
Fee AmountsNone
 
Availability
Hours of Operation Monday - Friday, 7 a.m. - 8 p.m.; Saturday, Sunday, 8 a.m. - 5 p.m. (General City Hours)
Specific Hours: Monday - Friday, 8 a.m. - 5 p.m. (Office of Economic Development)
 
Contact Information
 
Contact's Phone (720) 913-1634
Physical Site Address 1 101 W Colfax Ave
Physical Site City, State, Zip Denver, CO 80202
Main Phone 311
Service Location Email affordablehousing@denvergov.org
Web Address https://www.denvergov.org/content/denvergov/en/denver-office-of-economic-development/housing-neighborhoods/housing-forms.html
 
Additional Information
SourceMHUW
 
 
Affiliated Agency, Programs, and Services
Affiliated Agency: City of Denver
Affiliated Program: Colfax Ave - City of Denver
This Service: Affordable Housing Program (Colfax Ave) - City of Denver
 
Taxonomy Postings
Posted to Categories: Low Cost For Sale Homes/Housing Units (BH-7000.8100-400)