Com Act Housing Corporation Awarded $576,000 for Down Payment Assistance
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Description
The State Housing Board approved a $576,000, 2-year grant for Com Act Housing Corporation to provide down payment assistance loans and administration in Montrose County, Colorado. The funds will help support 8 affordable home purchases under a recapture model for households at or below 120% AMI.
Contract Details
Contract Amount
$576,000
Vendor
COM ACT HOUSING CORPORATION
Agency
Division of Housing, CO
Contract Type
FINANCIAL_SERVICES
Document Date
June 9, 2026
Contract Term
2 years
Renewal Date
2028-06-09
Renewal Info
Grant must be at least 30% drawn within one year; if not, remaining funds will be de-obligated and reallocated competitively.
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Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
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