Denver Department of Housing Stability
Denver, Colorado

Denver’s Affordable Housing Fund (AHF) represents the first dedicated source of local funding to support affordable housing development, preservation, and programs. Prior to creation of the AHF, Denver primarily invested federal funds toward housing, though the city started allocating one-time funds through annual budget appropriations including a $3 million contribution in 2014, a $3 million contribution in 2015, and an $8 million contribution in 2016. Created in 2016 and doubled in 2018, the Affordable Housing Fund is resourced through property tax, a per square foot fee on new development called a “linkage fee,” sales tax on recreational marijuana, and the General Fund. It is administered by Denver’s Department of Housing Stability (HOST) and provides approximately $30 million annually to help address Denver’s affordable housing needs.

Assistance Distributed By
Nonprofit or for-profit providers
Funding Source
Tax expenditure; General revenue; Dedicated funding stream
Funding Year
2023
Program Status
Active
Total Funding
$46,702,821
Website
https://denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Housing-Stability/Resident-Resources/Rent-and-Utility-Help
Contact
Department of Housing Stability [email protected]
How Provided?
Capital provided through development loans.
Program Type
Both rental assistance & capital resources
Capital resources
Income Eligibility Threshold
80% AMI or less
Duration
Capital resources - Affordability period is 60 years
Info Source
Program administrator survey response
Last Updated
6/19/23 15:57
Income Eligibility Threshold Detail

For rental assistance only; income eligibility threshold for capital resources unknown.

Priority Populations

Does not prioritize beyond eligibility requirements