Opportunity Funds

Program Status
Program Description

The Opportunity Fund was established by CHFA’s Board of Directors to advance CHFA’s strategic plan goals and objectives in supporting housing development needs statewide. This fund is available to eligible developments with a funding need of $1 million or less.

Program Type
Type of Funding
Source of Funds
Funding Amounts/Limits

The overall amount of Opportunity Funds available for commitment is limited to CHFA’s annual budget authority.

Target Population(s)

Low income renter households

Links to Additional Resources


Eligible Applicants
Eligible Project Size
Other Eligibility Guidelines

Applicants are invited to include Opportunity Funding as a source of funds for a proposed development transaction if a gap exists that the applicant has been unable to fill despite best efforts and the proposed use of funds meets CHFA’s Strategic Plan goals and Mission.


Application Timeline

Annual deadlines

Overview of Application Process

Apply through Consolidated Application

Additional Information

Other Notes
Last Updated
June 6, 2024
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