CHFA SmartStep & SmartStep Plus (Homebuyer + Repair Financing)

Colorado Housing and Finance Authority (CHFA)

Available Home Repair

About This Program

CHFA SmartStep & SmartStep Plus (Homebuyer + Repair Financing) is available to homeowners in Denver, CO.

CHFA SmartStep is a statewide 30-year fixed mortgage available to first-time buyers, eligible veterans, or buyers in targeted areas, paired with FHA, VA, or USDA loan types. SmartStep Plus adds a zero-interest second mortgage up to $25,000 for down payment and closing costs. Income and purchase price limits apply; CHFA-approved homebuyer education is required. A non-repayable grant option is also available.

Down payment assistance up to $25,000 (or 4% of first mortgage, whichever is less) at 0% interest, deferred until sale or refinance.

Official program page checked live on 2026-06-22.

Data last verified 2026-04-03. How we verify our data.

In Denver, CO, you can combine this program with other local help to cut your cost:

Key Details

  • 30-year fixed rate; works with FHA, VA, and USDA loan types
  • Up to $25,000 second mortgage at 0% interest, deferred or grant option
  • Available to first-time buyers, veterans, and targeted-area buyers
  • Income and purchase price limits apply statewide
  • Must complete CHFA-approved homebuyer education class

How to Apply

Get free help applying Visit Official Program Page Track this program

800-877-2432

A grant-savvy contractor in Denver, CO can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Denver early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • Proof of military service (DD-214) and, for disability-based grants, your VA disability rating letter.
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can CHFA SmartStep & SmartStep Plus (Homebuyer + Repair Financing) provide in Denver, CO?

Up to $25,000 down payment assistance.

Who qualifies for CHFA SmartStep & SmartStep Plus (Homebuyer + Repair Financing) in Denver?

CHFA SmartStep & SmartStep Plus (Homebuyer + Repair Financing) is open to homeowners in Denver, CO. It serves veterans and military families.

How do I apply for CHFA SmartStep & SmartStep Plus (Homebuyer + Repair Financing) in Denver, CO?

Apply directly with Colorado Housing and Finance Authority (CHFA) using the official program link on this page or call 800-877-2432. There is no middleman and no fee.

Need a Contractor for This Grant?

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