Department of Local Affairs Will Wind Down Applications for the State of Colorado’s Housing Recovery Program

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FOR IMMEDIATE RELEASE
June 10, 2024
Chynna Cowart | chynna.cowart@state.co.us |(303) 656-7464

Statewide – After almost two years, the Housing Recovery Program (HRP) will wind down intake of applications on July 15, 2024 for all Rebuilding and Mitigation forgivable and traditional loan applications from recent disasters prioritizing lower income Coloradans with the remaining funds. With one-time funding authorized by SB22-206 and leveraged federal disaster funds, the State of Colorado’s Housing Recovery Program (HRP) will provide $17M in state funds and $7.4M in federal funds to provide forgivable and traditional loans to impacted households.

"The Department of Local Affairs especially appreciates the partnership of Impact Development Fund, Marshall ROC, and local government partners in Boulder County, Superior, and Louisville whose unwavering support has been instrumental in helping Colorado disaster survivors rebuild after these heartbreaking wildfires,” said Maria De Cambra, Executive Director of the Department of Local Affairs (DOLA).

The Housing Recovery Program (HRP) will continue to review all applications submitted prior to July 15th and will prioritize lower income applicants. For those wishing to apply between now and the July deadline, applications can be submitted through the Impact Development Fund Disaster Recovery website.

The end of the application period for the Housing Recovery Program (HRP) does not affect other available funding, reimbursements or rebates including those from the Colorado Energy Office (CEO), Community Foundation of Boulder County, Boulder County, Louisville, or Superior. The $5,000 Wind and Wildfire Protection Mitigation grant application period will also close on July 15, 2024 or until the $2M set aside for mitigation grants is fully utilized.

The Program has provided one-time funding for rebuilding and hazard mitigation, allowing homeowners to stay in their communities and helping them recover from the impacts of events including the East Troublesome Fire, the Cameron Peak Fire, and the Marshall Fire & Straight-Line Wind event.

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