Fort Collins Down Payment Assistance 2026

CHFA SmartStep Plus offers statewide down payment help as either a grant (lesser of $25,000 or 3% of the first mortgage) or a 0% deferred second mortgage (lesser of $25,000 or 4%). Must be paired with a CHFA first mortgage using FHA, VA, or USDA financing. Household income is capped at $174,440 regardless of AMI. Repayment on the deferred option is due when you sell, refinance, or pay off the first mortgage.

CHFA Preferred Plus provides a 0% deferred second mortgage for conventional loan buyers statewide — up to the lesser of $25,000 or 4% of the first mortgage amount. Must be combined with a CHFA conventional first mortgage. Income is limited to 80% of area median income for your county and household size. The second is repaid when you sell, refinance, or pay off the first mortgage.

CHFA FirstStep Plus is a 0% deferred second mortgage up to the lesser of $25,000 or 4% of the first mortgage for first-time homebuyers and qualifying veterans using FHA financing with a CHFA first mortgage. Income is capped at 80% AMI. Veterans who are not first-time buyers may still qualify. Repayment is due upon sale, refinance, or payoff of the first mortgage.

CHFA FirstGeneration Plus offers a fixed $25,000 deferred second mortgage for first-generation homebuyers — buyers whose parents or legal guardians have never owned a home. Must use FHA financing with a CHFA first mortgage and meet 80% AMI income limits. The 0% deferred loan is repaid when you sell, refinance, or pay off the first mortgage.

CHFA HomeAccess Plus provides up to $25,000 in down payment assistance for homebuyers with a disability or who have a household member with a disability. Available statewide with a CHFA first mortgage; household income capped at $174,440. Assistance is a 0% deferred second mortgage repaid upon sale, refinance, or first mortgage payoff.

CHFA SectionEight Plus offers up to $25,000 in deferred down payment assistance for first-time homebuyers and qualifying veterans who currently hold a Section 8 Housing Choice Voucher. Must be paired with a CHFA first mortgage. Income limits follow 80% AMI guidelines. The 0% deferred second is repaid when you sell, refinance, or pay off the first mortgage.