Note From the Division Director
Hi everyone,
As Affordable Housing Month comes to a close, I want to reflect on the great work accomplished so far this year, and the momentum we are carrying forward. This includes (enthusiastically) the adjournment of the state legislative session which saw several DOLA and DOH sponsored bills which strengthen our communities and support safe, stable housing.
Thank you to all those who testified and helped pass SB26-040 and HB26-1313, which bring fundamental changes to Proposition 123 to better support local governments and increase homeownership opportunities. Other significant DOH-backed bills that passed this session include SB26-109 (Building Code Accessibility) and HB 26-1224 (Protections for Mobile Home Park Residents).
Our Community Support team is hosting informational webinars to help local governments navigate these changes and the Proposition 123 program. These sessions will cover critical information on the new legislative changes, and guidance on filing commitments for the 2027-2029 cycle. We welcome local electeds and local government staff to attend.
We were proud to announce the release of the 2025 State of Homelessness Report last week, which highlights significant, measurable improvements in Colorado’s housing stability driven by collaborative statewide efforts. Please read the feature below to learn more about the positive outcomes and the continuing challenges facing the homelessness response system.
It was also wonderful to see so many of you at the Colorado NAHRO 2026 Annual Conference in Pueblo. I’m looking forward to seeing you at many upcoming groundbreakings and project openings as we head into a busy summer!
Best,
Tyler Jaeckel
Director, Division of Housing
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 Comprehensive Annual Performance and Evaluation Report on HUD Formula Block Grant Funds, 2025-26
The State of Colorado receives annual formula grants from the U.S. Department of Housing and Urban Development (HUD). As required under the National Affordable Housing Act, the State has prepared a Consolidated Annual Performance and Evaluation Report (CAPER) covering the period of April 1, 2025, through March 31, 2026. Only projects and programs awarded funds from these specific HUD grants are included within the scope of this report; performance and financial information for other state and federal programs is not included.
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The CAPER will be published on the Publications and Reporting section of DOH’s website on June 8th, 2026. Public comments will be accepted for 15 days following publication, concluding on June 23rd, 2026 at 5pm.
You can submit your comments online via this Google Form response or mail them to the Division of Housing at:
CAPER Coordinator
Division of Housing
1313 Sherman Street, Suite 500
Denver CO, 80203
A public hearing will be held to gather feedback on the performance and evaluation report. You may attend either virtually or in person:
Upcoming Proposition 123 Webinars
The Division of Housing Proposition 123 Community Support team is presenting new webinars to provide local governments with updated information regarding the 2026 legislative changes and how to file a commitment for the next three-year cycle.
Proposition 123 Legislative Updates (June 4th at 11 a.m.)
- New legislation has significantly overhauled the compliance landscape for Proposition 123. Join our deep dive into the changes made by HB26-1313 and SB26-040. HB26-1313 introduces a new calculation method for setting affordable unit goals, two different waivers that may allow local governments to stay eligible for funding, and new incentives for creating certain types of affordable housing. Additionally, SB26-040 made changes to the definition of affordable homeownership housing and provides additional flexibility when applying for DOLA’s Homeownership Programs.
Proposition 123 Commitment Filings for the 2027-2029 Cycle (June 11th at 11 a.m.)
- Learn how to file a Commitment to stay eligible for funding in the 2027-2029 Proposition 123 cycle! If your new Commitment unit goal is significantly higher than in the past, this session will also provide an overview of how the Adjustment Waiver works.
A reminder to local governments— submit early and hit unit count goals so you know that your community will be eligible to opt in and have continued access to Proposition 123 funding!
 Proposition 123 Funding Distribution Dashboard Updated
The Proposition 123 Funding Distribution Dashboard has been updated with data current through March 2026. Developed in partnership with the State Demography Office (SDO), the interactive dashboard offers a detailed view of how Proposition 123 funds are being distributed across the state and also includes maps showing award amounts per county, per person, eligible jurisdictions, and funding by program. As a reminder, all funding distribution figures are estimates based on award data and will continue to be updated quarterly.
Legislative Updates:
Now that the general assembly session has adjourned, here is the latest on the 2026 bills that support our shared mission to strengthen local communities and deliver on Colorado's commitment to safe, stable housing. The following bills have been signed by Governor Polis:
SB26-040: Affordable Homeownership
- This legislation amends the homeownership portion of the Proposition 123 fund to directly address the challenges our partners are facing in constructing affordable homeownership units. By adding necessary flexibility to the fund, this bill ultimately expands homeownership opportunities to more hardworking Coloradans.
SB26-109: Building Code Accessibility
- Makes key changes to statutes concerning building code standards for accessible housing that is supported by public money. It clarifies that the true intent and purpose of these standards is to serve persons with nonambulatory and semiambulatory disabilities.
SB26-046: Property Tax Administrative Procedures
- Overall, this legislation adjusts the schedule and reduces the red tape for local property tax offices. It updates the application dates for senior and disabled veteran tax exemptions and gives local counties more freedom to approve property tax refunds without needing state permission. It also shifts several deadlines for when Coloradans can challenge their property's value.
HB26-1192: Homeless Prevention Activities Program Restructure
- Streamlines how the Division of Housing within the Colorado Department of Local Affairs (DOLA) oversees programming and manages funds for the homeless prevention activities program.
HB26-1313: Adjust Requirements Statewide Affordable Housing Fund
- Overhauls the rules for local governments to qualify for state affordable housing money (Proposition 123 funds). The new approach, starting in 2027, is more flexible and sets a customized target for affordable units based on a community's recent building permits and local job growth rates. Additionally, the new law creates a waiver process, allowing local governments facing financial or development hurdles to maintain their eligibility for state funding.
Three additional bills have passed and are awaiting signature:
- HB26-1224: Protections for Mobile Home Park Residents
- HB26-157: Determination of Town Abandonment
- HB26-1051: Extension of Microgrids Program
New Funding Opportunity for Affordable Housing Predevelopment
DOH has announced a new Notice of Funding Availability (NOFA) for predevelopment activities supporting future affordable homeownership or rental projects. With up to $500,000 available for rental and $500,000 for homeownership, this funding is designed to help communities plan and prepare properties for affordable housing development for households at or below 120% of the Area Median Income (AMI).
Predevelopment grants of up to $50,000 per project are available to support activities like site assessments, appraisals, surveys, and green planning. Eligible applicants include small nonprofits, local governments, tribal governments, housing authorities, and their affiliates.
Applications are due by September 1, 2026, with a potential second round on March 1, 2027, if funds remain. Letters of Intent to Apply are due prior to the application deadline. Please speak to your Housing Development Specialist for more information.
 2025 State of Homelessness Report released
The 2025 Colorado State of Homelessness Report, released by the Metro Denver Homeless Initiative (MDHI) on behalf of Colorado’s four Continuums of Care, highlights how unified strategies are successfully helping individuals achieve housing stability.
The data collected over a full year in COHMIS showed that 27,448 Coloradans achieved or maintained stable housing in 2025, and permanent housing programs recorded an 82.1% housing stability rate. This progress is further demonstrated by a 2.9% decrease in Veteran homelessness statewide.
While 53,776 individuals experienced homelessness in 2025, the homelessness response system expanded its reach to serve a total of 84,425 people across prevention, outreach, and permanent housing programs. Although these system strategies are proving effective, the report underscores that the largest barrier remains the insufficient availability and funding of affordable and supportive housing units across the state.
Read the full State of Homelessness report, which includes regional successes and detailed metrics, here: 2025 Colorado State of Homelessness Report.
Reminder: Private Activity Bond Statewide Balance Applications Close June 1
DOH will accept applications for the Statewide Balance (SWB) of Private Activity Bond (PAB) Cap through June 1, 2026. The Statewide Balance is currently $13,327,048. Our goal is to allocate 100% to potential issuers so that the cap doesn’t expire before the end of the year and that all of it is used for projects aligned with our statewide priorities. Projects must close, and bonds must be issued in 2026 to qualify for the June round awards.
If you have any affordable housing projects that are ready to underwrite or have a solid pipeline of future projects, please contact DOLA_PAB@state.co.us about a possible application for PAB Cap Statewide Balance. The application form and instructions are available on DOLA’s PAB Website.
Upcoming Training: The Developer’s Toolkit
The Colorado Department of Local Affairs' Division of Housing invites you to a two-day workshop to introduce you to the process of affordable housing development. The Developer's Toolkit is an engaging in-person training that will be held July 15 and 16, 2026, in Monte Vista. The class will run from 8:00 a.m. to 5:00 p.m. each day.
Through a series of activities, participants will work in teams to solve the housing challenge facing a typical Colorado town. Hands-on exercises will provide working knowledge of the critical steps necessary to develop an affordable rental housing community.
Attendees will learn:
- The process for developing cost-effective, high-quality housing
- How to select third-party subject matter experts
- Real estate terminology
- Cost-containment techniques
- Strategies for negotiating with a development team and community players
 Featured Social Media
- Director Tyler Jaeckel helped the Aurora Housing Authority celebrate the grand re-opening of the Residences at Willow Park, serving residents in the 30-60% Area Median Income (AMI) range. Take a look at the project, featured in DOLA’s newest video!
- DOLA Deputy Executive Director Maulid Miskell, Legislative Liaison Bruce Eisenhauer, and Ashley Weesner and Becky Brazell from the Division of Housing were proud to stand beside Governor Polis in Fort Collins as he signed HB26-1313, which adjusts the requirements for the Statewide Affordable Housing Fund.
- Director Tyler Jaeckel helped break ground on the new Ravenfield Senior Apartments in Brighton! The project will provide 46 new units dedicated to seniors, and the Division of Housing contributed $700,000 to make Ravenfield possible.
- DOLA’s Division of Housing team joined affordable housing leaders from across Colorado in Pueblo for the Colorado NAHRO 2026 Annual Conference with a theme “The Art of Housing.”
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