Affordable Home Ownership

Colorado's Emergency Mortgage Assistance Program

The Colorado Emergency Mortgage Assistance Program (EMAP) provides financial assistance on behalf of income-eligible homeowners who have experienced a financial hardship associated with the COVID-19 health crisis. Get started here!

For additional questions please email: dola_haf_client_support 

HOST's Affordable Home Ownership Program

Denver's Department of Housing Stability (HOST) Homeownership Program is specifically designed to help qualified, low-to-moderate income residents own affordable homes. The goal of our program is to provide affordable and safe housing opportunities to all Denver residents. 

The homeownership program has two main requirements:

  1. Applicants must be within the Area Median Income (AMI) limits(PDF, 144KB).(PDF, 144KB)
  2. Applicants must maintain a housing payment at or below 35% of the household income.

For more information about our program, income limits and the ratio requirements, please call 720-913-1634 or email


Affordable Homeownership Main Program Requirements

  1.  All employed household members’ income, ages 18 and older, must be within certain income limits to purchase an affordable home. For further information regarding income guidelines, please call 720.913.1634 or send an email to (PDF, 144KB)Follow this link to view AMI income limits for our program and find out if your family’s income is within those limits.(PDF, 144KB)
  2. The monthly housing payment expense must be no more than 35% (FEHR) of the household’s total income. 

Required Documents

Prior to submitting an application for the homeownership program, the applicant(s) must be pre-approved by a mortgage lender, and be under contract to purchase an affordable home. Please notify your realtor and lender of your interest in purchasing an affordable home and provide them with our contact information should they have any questions. We can be reached at 720-913-1634, or at

Before you submit your application for eligibility for the Affordable Homeownership Program, please make sure that you have the following documents to provide. An incomplete application can delay the review process. Below is a list of required documents to apply:

  1. Purchase Contract - A copy of the signed purchase contract for the affordable home you wish to purchase. 

  2. Loan Application - Completed loan application form from the lender (form 1003).

  3. Authorization to Release(PDF, 89KB): Please fill out if authorizing HOST to communicate or exchange information regarding your application to others. 

  4. Income Documentation:
    • Verification of Employment (VOE) – A VOEformmust be completedfor each employed household member. The VOE is to be completed by the household member’s supervisor/manager 
    • Paystubs– Two months of the most recent consecutive paystubs for each employed household member.
    • Award Letter(s) - If receiving unemployment, social security, pension, survivor, disability, TANF, etc.

5. Self-employed applicants –Must include the following documents:

6. Bank Statements – Two months of the most recent and complete bank issued statements for all bank accounts held by each household member. Please do not provide screen shots or pictures of statements. Please provide all pages of monthly bank statements.  

7. Asset Statements – The two most recent asset statements for all asset accounts including, but not limited to, 401Ks, pensions, stocks, bonds, money market accounts, trust accounts, etc. Please note, dividends and interest from all asset accounts are included in the calculation of a household’s income. 

8. Tax Transcripts - Individual and business Federal tax transcripts for the last two years for all employed household members are required. You can request Federal tax transcripts at, or you can call the IRS at 1-800-829-1040 and request a transcript.  Please do not provide State or Federal tax returns.

9. Court Issued Orders - Please provide a copy of the following Court Orders when applicable:

Court proceedings must be finalized prior to purchasing an affordable unit. An order is not official without a judge’s signature.  

  • Executed Divorce Decree
  • Separation Agreement
  • Child Support Orders
  • Maintenance/alimony Orders 

10. Financial Gifts – Financial gifts are restricted to 20% of the purchase price of the affordable home.  Gift funds must be solely used towards the purchase of the affordable home (i.e. down payment) and the gift letter must include the following information:

  • Who is receiving the gift funds;
  • The name and relationship of the person giving the gift funds;
  • The exact dollar amount of the gift funds; and
  • A statement that no repayment is required and that the gift funds will be used solely for the purchase of a Denver affordable home.

11. Housing Counseling Class Certificate – Applicants are required to complete a HUD Certified Homebuyer Counseling Class. Classes can be taken on-line or in-person. HOST partners with several non-profit organizations that offer the required FREE homeownership counseling classes. These classes include information on how to obtain a home mortgage, how to prepare for homeownership, closing process information, home maintenance, possible down payment assistance, etc.

  • Brothers Redevelopment: (303) 202-6340
  • Colorado Housing Assistance Corp.: (303) 572-9445
  • Del Norte Neighborhood Development: (303) 477-4774
  • Denver Housing Authority: (720) 932-3000
  • NEWSED Community Development: (303) 534-8342
  • Northeast Denver Housing Center: (303) 377-3334

Income Verification Application: If you have the documents above, you are ready to start your Income Verification application. Begin your income verification application

Homeownership & Down Payment Resources

  1. Current affordable homeownership and rental properties can be found at    
  2. Link to HOST's program Rules and Regulation    

Down Payment Assistance Program
Colorado Housing Assistance Corporation (CHAC) provides low interest, flexible loans for low to moderate-income first-time home buyers. CHAC can assist with a portion of down payment and closing cost associated with the purchase of a home throughout Colorado. The loan is recorded as a second mortgage (lien) on the property being purchased. All the loans require repayment, usually monthly, although the start date of those payments may vary. All borrowers are required to have a minimum contribution to the transaction of $1,000 (minimum borrower contribution for the disability program is $750.00) that cannot be a gift. Other exceptions may apply. For further information, please contact CHAC at 303.572.9445 or visit their website  at 


Metro DPA Logo

metroDPA is a special down payment assistance program for buyers with up to $150,000 of qualifying income to bring the dream of home ownership within reach. We know that lacking the funds for a down payment is often a barrier to home ownership. The program provides assistance as a no payment, zero-interest, forgivable 2nd mortgage. As you apply for a 30-year fixed rate mortgage, we help with down payment and closing cost assistance up to 6% of your loan!

metroDPA is available to homebuyers throughout the Front Range. Go to and in the Homebuyers Section, click the “What is metroDPA?” link for a list of approved areas.

General qualifications: Along with meeting FHA, VA or Conventional guidelines for a 30-year, fixed rate loan, borrowers must also meet the following:

  • Minimum Credit Score: 640
  • Income Limit: $150,000
  • Participating Area: Check Participating Areas (

A qualified lender coordinates the financing and can help you prequalify. Find out more about the program or get the name of a lender by contacting Diana or Renee at or or call: 720.673.3948 or 720.673.3955.