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Capital Improvement Resources and Financing


readingplans2Multifamily housing developments often require funding to finance capital improvements and repairs. Management agents and owners should consult with their CHFA Asset Manager about specific funding options available to multifamily affordable rental housing.

Below are links to several options:

Replacement, Maintenance & Reserve Requirements
Find out how to access the funds in your development’s Replacement Reserve Escrow Account to pay for capital improvements and repairs in your housing development.

Whether you’re looking to construct a new development or rehabilitate an existing property, CHFA can help finance your affordable housing project. 
Automatic Payment Authorization (ACH)
CHFA is pleased to offer the convenience of making your payments via ACH through our automatic payment program at no cost to you. Please use the links below for program information and enrollment. 

Notification Letter   
CHFA Policies and Electronic Payment Agreement
Automatic Payment Authorization form 




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