In 1982, with leadership and financial commitments from the Piton Foundation, Colorado Housing and Finance Authority, Colorado Division of Housing, City of Denver, and the Ford Foundation’s Local Initiatives Support Corporation, the Denver Family Housing Corporation, (DFHC) was created. Formed as a 501c(3) non profit agency, the volunteer Board of Directors was committed to increasing homeownership opportunities for lower income families. In 1986, Denver Family Housing expanded its program area to include the entire State of Colorado and in 1987 changed the name to COLORADO HOUSING ASSISTANCE CORPORATION.
COLORADO HOUSING ASSISTANCE CORPORATION, CHAC, is Certified as a Local Development Corporation under Section 502 of the Small Business Development Act of 1958.
The US Department of Housing and Urban Development determined that CHAC meets the intent of 24 CFR 570.204 and qualifies as an Eligible Community Development Organization to carry our neighborhood based community development and revitalization activities.
CHAC received certification from the US Department of the Treasury as a Certified Community Development Financial Institution, (CDFI) CHAC is a designated HUD Certified Housing Counseling Agency.