Because everyone deserves a place to call home.
SUMMIT COMBINED
HOUSING AUTHORITY
Division of Housing Down Payment Assistance
  • 3% interest rate
  • amortized over 20 years with monthly payments
  • loan amount up to 8.5% of purchase price
  • household income cannot exceed the HUD low income guidelines of Area Median Income

Summit Housing Authority (SHA)
  • 3% interest rate
  • 5 year term, no monthly payments
  • loan amount up to $5,000
  • household income cannot exceed 100% of Area Median Income
  • household liquid assets may not exceed $10,000

Loan Colorado Mountain Housing Coalition (CMHC)
  • no interest first 2 years, then 5% equity share based on appreciation of the property
  • 15 year term, no monthly payments
  • loan amount 5% of purchase price up to $25,000
  • household income cannot exceed 160% of Area Median Income
  • administered through funding partners  

House to Home Ownership (H2O Loan)
  • no interest first 2 years, then 5% equity share based on appreciation of the property
  • 15 year term, no monthly payments
  • loan amount up to 5% of purchase price
  • household income cannot exceed 80% of Area Median Income
  • first-time homebuyer's only
  • available statewide
  • administered through funding partners  

Rehab Loans
  • for health and safety repairs
  • loan amount up to $24,999
  • terms flexible
  • payment in full at time of sale, refinance or end of owner occupancy
  • household income cannot exceed HUD low income guidelines of Area Median Income
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