Last update 1/14/2026

These programs can only be handled by approved lenders. You should have enough information here to be able to go it alone, but if you would like help from a local realtor familiar with the programs and a lender with access, fill out this form here and I will connect you with one.

Connect with a DPA team

How Down Payment Assistance Works

I need to give a quick overview of how down payment assistance works. After that, the programs are listed.

With down payment assistance, you'll run into two different types:

  • A grant

  • A loan

A Grant

If we meet the qualifications up front, then it's money that does not need to be repaid.

A Loan

If the down payment assistance comes in the form of a loan, then pay attention to the three different types:

  • Repayable

  • Deferred

  • Forgivable

Repayable is just as most imagine. It charges interest over a certain amount of time, with monthly payments until it's paid off.

Deferred loans usually don't require a monthly payment, and typically don't charge interest. It's due in full when you refinance, sell the home, or when it ceases to be your primary residence.

Forgivable loans will disappear if you meet the criteria, which usually comes down to keeping the home as your primary residence for a specific amount of time.

Okay with that, here are the programs!

Colorado

Metro Down Payment Assistance Program

  • What It Offers: Provides down payment/closing cost assistance up to 5% of the loan amount as a 0% interest, deferred second mortgage (not a grant).

  • Who Qualifies: Homebuyers purchasing within participating metro areas.

  • Income Limits: Based on area median income (AMI).

  • Repayment: No monthly payments; repaid when you sell the home, refinance the first mortgage, or stop occupying it as your primary residence — or after 30 years, whichever comes first.

  • Website: https://www.metro-dpa.com/

Colorado Housing and Finance Authority (CHFA) Down Payment Assistance

  • Assistance:
    • Down Payment Assistance Grant: The lesser of $25,000 or 3% of the first mortgage loan amount. Does not require repayment.

    • Second Mortgage Loan: The lesser of $25,000 or 4% of the first mortgage loan amount as a 0% interest, deferred-payment loan, repayable when the first mortgage is paid off, the home is sold or refinanced, or it stops being the primary residence.

    • Buyers living with a permanent disability, and first-generation homebuyers, can access options offering up to $25,000 regardless of the first mortgage amount.

  • Eligibility: Must meet income and credit requirements and complete a CHFA-approved homebuyer education course.

  • Website: https://www.chfainfo.com/homeownership/down-payment-assistance

Impact Development Fund DPA

  • Offers: 0% interest second loans up to $25,000.

  • Who Qualifies: First-time buyers at or below 80% AMI.

  • Repayment: Deferred or amortized over 30 years.

  • Website: impactdf.org

CHAC (Colorado Housing Assistance Corporation)

  • Offers: Immediate or deferred second loans up to $12,000.

  • Who Qualifies: First-time buyers; income limits apply.

  • Repayment: Monthly payments or deferred depending on loan type.

  • Website: chaconline.org

CRHDC/Colorado Housing Enterprises

  • Offers: $3,000–$10,000 second loans.

  • Who Qualifies: Income-qualified buyers; often used in rural areas.

  • Repayment: 10-year repayment; not forgivable.

  • Website: crhdc.org

Boulder County

Grand County

  • Grand County Housing Authority Down Payment Assistance Program

Eagle County

  • Eagle County Down Payment Assistance Program
    • Offers: Loans of 4–5% of home price from multiple funds.

    • Who Qualifies: Must live/work in Eagle County; some income limits apply.

    • Repayment: Deferred/shared equity or amortized, depending on fund.

    • Website: https://www.housingeaglecounty.com/downpayment

Larimer County

  • Impact Development Fund Down Payment Assistance
    • Assistance: Offers down payment help through several partner programs, including Colorado Roots DPA (up to 10% of the home purchase price, not to exceed $50,000), NoCo Foundation DPA (up to 15% of the home purchase price, for homes up to $650,000), and the Dearfield Homeownership Fund (up to $50,000 as a shared-equity loan, repaid when the home is sold or refinanced).

    • Eligibility: Must meet income and first-time homebuyer requirements.

    • Website: https://impactdf.org/larimer-county/

City of Aurora

Home Ownership Assistance Program (HOAP)

City of Pueblo

Pueblo County Homeownership Program

  • Pueblo (HDAP)

  • Offers: Up to $5,000 forgivable loan (currently on hold).

  • Who Qualifies: First-time buyers in Pueblo; income limits apply.

  • Repayment: Forgiven after 5 years of occupancy.

  • Website: pueblo.us (Program closed — the city has removed its HDAP page; check Housing & Citizen Services for its return)

Last update 1/14/2026

These programs can only be handled by approved lenders. You should have enough information here to be able to go it alone, but if you would like help from a local realtor familiar with the programs and a lender with access, fill out this form here and I will connect you with one.