The Colorado Housing and Finance Authority (CHFA) has announced the recipients of the 2026 Round Two Direct Effect Awards.
In this round, CHFA is donating $1,462,500 to 134 nonprofits across Colorado. The average award amount in Round Two is $10,914.
CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development.
Round Two was open to organizations applying for funds to advance economic development, education and food access.
Round One, held earlier in 2026, supported organizations applying for funds to advance affordable homeownership and affordable rental housing.
Including this latest round of awards, CHFA has donated more than $13.8 million in Direct Effect Awards to more than 670 Colorado organizations since 2021.
Included in the latest round of funding are:
• Build Pagosa: $10,000.
• Healthy Archuleta: $5,000.
• Pagosa Community Initiative: $12,500.
CHFA is not a state agency and does not receive any direct state or federal appropriations. CHFA is a self-sufficient, quasi-governmental organization serving Colorado.
The Direct Effect Awards are funded by directing a portion of CHFA’s program investments and earnings to provide philanthropic support and strengthen the capacity of mission-aligned nonprofits throughout Colorado. Please see chfainfo.com/directeffect for more information.
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