DOH: Emergency mortgage assistance funds now available

The Colorado Department of Local Affairs (DOLA), through its Division of Housing (DOH), Office of Housing Recovery (OHR) is pleased to announce the launch of the Colorado Emergency Mortgage Assistance Program (EMAP). As part of the larger Homeowner Assistance Fund allocation through the American Rescue Plan Act of 2021, DOH will be administering Colorado EMAP as a pilot program, which will provide financial assistance on behalf of income-eligible households experiencing a financial hardship associated with the COVID-19 health crisis, by disbursing funds directly to the homeownership loan lender/servicer, land contract holder, manufactured/mobile home lender, and/or other housing provider as appropriate.  

The EMAP application portal is now open. DOH is partnering with some Colorado nonprofits (Brothers Redevelopment, Total Concept, Neighbor to Neighbor and La Puente) who will process applications, determine eligibility and process payments on behalf of eligible households.

Colorado’s Emergency Rental Assistance Program (ERAP) meets federal minimum expenditure requirements

In December 2020, Congress passed the Emergency Rental Assistance Program (ERAP) under the Consolidated Appropriations Act (ERA1) to assist renters impacted by the COVID-19 pandemic maintain housing stability. As part of the act, Congress anticipated a need to reallocate “excess” funds after September 2021. After careful review of the reallocation guidance released by the U.S. Department of the Treasury on October 4, 2021, DOH is pleased to announce that Colorado does not have excess funds subject to reallocation. Exceeding the Treasury’s minimum threshold, as of September 30, 2021, Colorado expended 32% (or $70.3M) of the $223M ERA1 allocation dedicated to direct household assistance. As DOH continues to streamline the application and payment processing for ERAP, we anticipate we will continue to exceed the monthly minimum expenditure ratios set forth by the Treasury and will fully expend the original allocation to Colorado by the ERA1 September 2022 deadline.  

In the meantime, DOH is working to rollout the ERA2 funds made available under the American Rescue Plan Act in the coming months. These funds, available through September 2025, expand the eligibility criteria and extend the maximum length of assistance available to households. Stay tuned for updates about ERA2 in the future.

Affordable housing investment funds (AHIF) NOFA

DOLA, through DOH, Office of Housing Finance and Sustainability (OHFS) is requesting applications for investments or loans to affordable housing investment funds (Funds) to enable the Funds to continue their mission of providing low cost financing (Fund Loans) to developers for the creation or preservation of housing affordable to Extremely Low to Moderate Income individuals and families throughout Colorado. Up to $70 million will be made available for AHIF.

Eligible applicants may be for-profit, non-profit or government sponsored affordable housing investment funds. The applicant must be the legal entity that will originate, underwrite, disburse, administer and service the fund’s loans.

The NOFA for this program was published on October 19, 2021, on the DOH webpage here. LOI’s will be due to DOH by November 8, 2021, with complete applications due by November 22, 2021.

Please contact Andrew Paredes, Director of Housing Finance and Sustainability, with any questions by email at

DOH: Emergency mortgage assistance funds now available