Incentives Grant Program (IHOI)
The Affordable Housing Development Incentives Grant Program provides grants to local governments to develop one or more affordable housing developments in their community that are livable, vibrant, and driven by community benefits.
- These incentive grants helped cover tap fees, infrastructure, parks/playgrounds and other needs and amenities that support the affordable housing project.
- Projects were encouraged to provide community benefits (e.g., covering tap fees or infrastructure costs for an affordable housing project and/with a child care center, for example).
- A small portion was able to be used for needs and amenities in the neighborhood where the affordable housing development is located.
- To qualify, local governments had to adopt at least three strategies from the menu of policy and regulatory options listed in the program guidelines.
This program is no longer accepting new applications. Over $37.5 million has been awarded to 35 grantee communities, and projects are underway through 2024.
Annual Report
- Incentives Grant Program Annual Report Fiscal Year 2023-2024
- Incentives Grant Program Annual Report Fiscal Year 2022-2023
- Incentives Grant Program Annual Report Fiscal Year 2021-2022
Resources
- Grant Portal Access
- IHOI Incentives Grant Program Frequently Asked Questions
- IHOI Program Guidance on Equity, Diversity, and Inclusion (EDI)
Funding Decisions
The Department of Labor Affairs has set aside up to approximately $250,000 from the Affordable Housing Development Incentives Grant Program to assist eligible Colorado municipalities and counties with funds to support preliminary planning and analysis work that is often needed to get an affordable housing development project ready to seek financing.
Many communities and stakeholders have expressed a funding gap for this type of planning and analysis work. Eligible communities include local governments who have adopted at least three qualifying strategies as listed in House Bill 21-1271.
We are coordinating this program with Colorado Housing and Finance Authority’s Small Scale Affordable Housing Technical Assistance program.
Upcoming Deadlines
- This program is no longer accepting applications.
Funding Decisions
Program Contacts
Mitch Hendrick
Program Manager
mitch.hendrick@state.co.us
Phone: 303-548-9364
Nicola Donaven
Program Assistant
nicola.donaven@state.co.us
Phone: 720-955-9692