Eligible Projects

finger pointing to an octagon that says project

Historically, Weld County has allocated PABs to the Colorado Housing and Finance Authority (CHFA) and to developers focused on affordable housing projects. The county will continue to focus on projects that enhance the local economy, provide affordable housing and promote community development.

Eligible PAB projects include:

  • Affordable multifamily housing including new construction or acquisition and rehabilitation for low- and moderate-income individuals and families.
  • Single Family Mortgage Revenue Bonds (SFMRB) used to finance the purchase of mortgages made to income-qualified first-time homebuyers.
  • Mortgage Credit Certificates, a financing enhancement for income eligible first-time homebuyers (can’t be combined with SFMRB financing).
  • Industrial Development Bonds for smaller manufacturing projects (less than $10 million) that produce any type of goods.
  • Qualified Redevelopment Bonds used to acquire and redevelop blighted areas (typically not used in Colorado).
  • Solid Waste Disposal Bonds used to finance certain disposal facilities utilizing certain waste disposal processes.

 

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