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Deferred LoanBoulderFunds Available

Boulder H2O

City of Boulder Housing Division

Up to

$100,000

Assistance

Deferred Loan

Area

Boulder

Buyers

First-time buyers

Income

120% AMI limit

What This Program Offers

Boulder H2O (House to Homeownership) provides up to $100,000 in deferred shared-appreciation second mortgage assistance for first-time buyers purchasing market-rate homes within Boulder city limits.

  • Income limit is 120% AMI.
  • The city shares in a portion of home price appreciation at repayment.
  • Repaid when you sell, refinance, or no longer occupy as primary residence.

Who Qualifies

Location

Boulder

Buyer type

First-time buyers only

Primary residence

Must be your primary home — not an investment property

Education course

HUD-approved homebuyer education required before closing

Income limits

Household income must not exceed 120% AMI for Boulder County

Household120% AMI Limit
1 person$112,200
2 people$128,176
3 people$144,226
4 people$160,200

Showing sizes 1-4. See all household sizes

Boulder County • FY 2025 HUD Income Limits

How to Apply

  1. 1

    Confirm first-time buyer status and Boulder city property location.

  2. 2

    Attend Boulder homebuyer orientation.

  3. 3

    Verify income at or below 120% AMI.

  4. 4

    Get pre-approved with a participating lender.

  5. 5

    Submit H2O application to City of Boulder Housing.

  6. 6

    Shared-appreciation deferred loan closes at purchase.

Documents you'll need

  • First-time buyer affidavit
  • Income verification (120% AMI limit)
  • Boulder homebuyer orientation certificate
  • Pre-approval letter
  • Purchase contract for Boulder city property

Program Contact

303-441-3157 | housing@bouldercolorado.gov
Official Website

Last verified: 2026-06-11