Colorado Housing and Finance Authority (CHFA) is donating $1.3 million to 122 nonprofits working to advance affordable housing and economic opportunity across
Colorado this month as part of its Direct Effect Awards.
CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development. Eligible Direct Effect Award recipients include nonprofit and not-for-profit organizations, including public housing authorities, cities, counties, and local municipalities. Funds will support organizations that provide shelter to households transitioning out of homelessness, housing navigation services, financial education, food banks and delivery services, entrepreneurship training, youth mentorship, and other mission-affiliated activities.
To date, CHFA has donated more than $9.9 million in Direct Effect Awards to more than 630 Colorado organizations since 2021. Awards typically range from $5,000 to $30,000. In 2025, the average donation amount was $8,902.
The 122 recipients who will receive funds as part of the December 2025 awards can be found here.
