|
|
||||||||
|
|
|
|||||||
|
CARHOF is a 501(c)3 charitable foundation created in 1990 for the
purpose of promoting safe, decent and affordable housing for all in
|
||||||||
|
SMDRA's CARHOF Representative: |
||||||||
CARHOF Helps Fund
Foreclosure Hotline
|
||||||||
|
The 3rd Annual SMDRA CARHOF Appreciation Party
and Auction |
||||||||
|
|
||||||||
|
CARHOF Relishes Role of Affordable Housing Advocates “CARHOF is a necessary staple for housing in Colorado communities and nonprofit housing organizations,” said Larry Carr, CARHOF President. “We are proud that we have been able to sustain being a major catalyst in helping Colorado residents with their housing needs for many years,” he continued. CARHOF’s generosity is not limited to local communities only. The Board also approved $79,000 of state funding to three organizations: the Colorado Division of Housing will receive $30,000 to help fund a new Foreclosure Prevention Call Center with a widely-publicized 1-800-number and marketing campaign. This call center will be a “One Stop Shop” for households in danger of foreclosure. Another one is the Colorado Housing Assistance Corporation who will receive $35,000 for their statewide down payment assistance program, which provides low interest loans with payments of approximately $50 per month to first-time home buyers with 80% average median income (AMI) or below. CARHOF’s third state grant recipient, the Colorado Housing Enterprise, will be receiving $14,000 for their statewide revolving loan fund/down payment assistance program that will help first-time home buyers with 80% AMI or below. CARHOF continues to play a major role in aiding Colorado residents with their housing needs. Its contribution to Colorado communities is second to none in providing hope, stability and a second chance to those in need of safe and affordable housing in Colorado. It is a role they relish. |
||||||||
|
|
||||||||