Effective Implementation Through Unique Public-Private Partnerships
We Can Solve Hard Problems When We Work Together. Prop 123 succeeds because of unprecedented collaboration between state agencies, local governments, nonprofits, and the private sector.
The Partnership Ecosystem
Click on any partner to learn about their critical role in making Prop 123 a success.
Click on any partner above to see their role and contributions
Every Partner Matters
The success of Prop 123 depends on the dedicated work of each partner organization.
OEDIT
Office of Economic Development & International Trade
- Administers $330M+ in affordable housing investments
- Partners with CHFA for fund management
DOLA
Department of Local Affairs (including Division of Housing)
- Provides planning department grants and technical assistance
- Administers down payment assistance programs
CHFA
Colorado Housing and Finance Authority
- Manages $550M+ Affordable Housing Financing Fund
- Provides concessionary debt to developers
Nonprofits
Nonprofit Organizations
- Develop affordable housing projects
- Provide supportive services to residents
Private Developers
Private Housing Developers
- Construct affordable and workforce housing
- Leverage private capital with public funds
Local Gov & Housing Authorities
Local Governments & Public Housing Authorities
- Commit to 3% annual housing growth targets
- Reform zoning, land use, and permitting processes
How the Partnership Works
From voter approval to homes built, see how Prop 123 funding flows through our partnership network.
Voter Approval
Coloradans approved Prop 123 in 2022, dedicating 0.1% of state income tax to housing.
State Coordination
OEDIT and DOLA allocate funding through their respective programs and priorities.
Local Implementation
Local governments, developers, and nonprofits deploy capital into housing projects.
Families Served
Colorado families gain access to affordable homes and housing assistance programs.
“Prop 123 demonstrates what's possible when government agencies, private sector partners, and community organizations unite around a common goal.”
The success of Prop 123 is a testament to Colorado's collaborative spirit and commitment to solving our housing challenges together.
See the Results
Explore how these partnerships are creating real impact across Colorado communities.