Down Payment and Home Ownership Counseling

The Office of Economic Development (OED) Division of Housing and Neighborhood Development Division has partnered with the organizations listed below to help provide Denver area residents with down payment and  homeownership counseling assistance toward the purchase of an affordably priced home.

Brothers Redevelopment, Inc., (303) 202-6340
Brothers Redevelopment, Inc. is a local, non-profit housing redeveloper, founded in 1971 by a Mennonite minister, a Lutheran minister, and a Catholic layperson. Since then, the agency has concentrated on programs that allow low-income elderly and disabled persons to continue living independently in their homes and communities.

Northeast Denver Housing Center, (303) 377-3334    
Northeast Denver Housing Center (NDHC) purchases, rehabilitates and sells homes to low and moderate income families located in Denver. The NDHC lease-purchase "Homeownership incubation program" allows families to move into the homes they intend to buy and work on their "bankability" with the help of NDHC housing counselors.

Del Norte Neighborhood Development Corporation, (303) 477-4774 ext. 18                       
Del Norte helps build quality, affordable housing; to maintain and upgrade existing  housing; and to assist economic growth through employment and entrepreneurial  opportunities to benefit of low and moderate income families and individuals.  Del Norte  has several assistance services ranging from a $1,000 closing grant to a $10,000 deferred loan.

Colorado Housing Assistance Corp., (303) 572-9445    
Colorado Housing Assistance Corporation (CHAC) offers down-payment assistance and  homebuyer education classes for first time home buyers.  Down payment assistance comes  in the form of a low-cost loan and borrowers are required to contribute at least $1,000 of the own funds toward their down-payment and closing costs.  CHAC’s homebuyer education classes introduces first-time homebuyers to special assistance programs and  below market rate loans.
 
Colorado Housing and Finance Authority, (303) 297-2432
Colorado Housing and Finance Authority (CHFA) provides funds to finance the places  where people live and work throughout Colorado. CHFA has been making dreams come  true for over 30 years.  CHFA offers low-interest loans, home buyer education classes and additional resources to help you with the purchase of your new home.

NEWSED Community Development Corporation, (303) 534-8342
NEWSED CDC offers services for home buyers including down-payment assistance and homebuyer education. Low-interest loans and Individual Development Accounts (IDA) are provided to assist with down payment and closing costs. IDAs are savings accounts that are matched for down payment and closing costs. Borrowers must contribute at least $1,000 of their own funds.

NEWSED CDC offers monthly homebuyer education workshops and one-on-one counseling. It also provides foreclosure prevention.