Colorado Housing and Finance Authority (CHFA) is proud to announce its Round Two 2024 Direct Effect Award recipients. In this round, CHFA is donating $1,476,000 to 115 nonprofits across Colorado. The average award amount is $12,835.
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. Eligible Direct Effect Award recipients include nonprofit and not-for-profit organizations including public housing authorities and local governments. Through its Direct Effect Awards CHFA has donated more than $7.5 million to more than 475 Colorado organizations since 2021.
Local organizations receiving funding include:
• A Safe Place in Pagosa Inc.: $7,500.
• First Southwest Community Fund: $20,000.
• Housing Solutions for the Southwest: $15,000
• TARA Historical Society: $7,500.
You can learn more about each organization and how Direct Effect will support its work on CHFA’s website at bit.ly/3VAWgrl.
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 visit chfainfo.com/directeffect for more information.
