Colorado Housing Accelerator Initiative (CHAI)

The Colorado Housing Accelerator Initiative (CHAI) is a private-market investment fund established to address the state's housing crisis. Its mission is to provide flexible, short-term capital in the form of acquisition and pre-development loans to expedite the creation and preservation of affordable and attainable housing projects. By bridging critical financing gaps, CHAI helps developers move projects forward more quickly than traditional funding sources might allow, ultimately aiming to increase the housing supply for Colorado residents.