Rebuilding purpose. Building possibilities.
Finance your project.
We provide affordable financing to restore and reuse Colorado's underutilized historic buildings.
SPMDTU Concilio Superior
Why preservation?
Repurposing and restoring old buildings requires collaboration, working with existing materials, and tapping a creative mix of resources.
The payoff is a welcoming community anchor with a unique sense of place and local history. Revitalized buildings invite people to live, work, and linger.
The Colorado Historical Foundation established the CHF Revolving Loan Fund to accelerate rehabilitation of Colorado's beloved historic spaces.
The payoff is a welcoming community anchor with a unique sense of place and local history. Revitalized buildings invite people to live, work, and linger.
The Colorado Historical Foundation established the CHF Revolving Loan Fund to accelerate rehabilitation of Colorado's beloved historic spaces.
All Inn Hotel, Denver
How financing can help
Our loans help individuals, as well as private, public, and nonprofit entities, fill gaps and manage cash flow for rehabilitating Colorado's historic buildings. Loans supplement grants, tax credits, conventional financing, plus public and private investment.
Loan applications are evaluated on a rolling basis. Evaluation weighs the project’s preservation merits, development and construction team experience and qualifications, financial viability, loan risk, and community support.
Loan applications are evaluated on a rolling basis. Evaluation weighs the project’s preservation merits, development and construction team experience and qualifications, financial viability, loan risk, and community support.
Lowell School, Grand Junction
Loan Basics
- $250,000-$750,000 range.
- Up to 60 month repayment term.
- Interest-only periods and custom amortization schedules considered.
- Fixed interest rates, below market rate for similar conventional loan structures.
- Owner must contribute at least 10% investment in project.
- Secured by deed of trust on appraised property. Guarantors required.
- Borrow responsible for commitment fee, and third-party costs associated with loan processing, documentation, and collateral perfection (see packet for details).
Orecchio Block, Florence
Eligible Projects
- Buildings that are designated historic (national, state, or local register) or deemed eligible to be designated. Includes contributing buildings within a designated historic district.
- Income-generating properties for public, nonprofit, commercial, or public use, including rental housing.
- Construction and design adhere to preservation best practices as described in the Secretary of the Interior's Standards for the Treatment of Historic Properties.
Program support
The CHF Revolving Loan Fund is grateful for support from the History Colorado State Historical Fund, the 1772 Foundation, and a National Trust for Historic Preservation grant. The original seed money has been recycled three times in support of preservation projects throughout Colorado. To have the same impact we've had in the last two decades, we need to double our lending capital.
Find out how you can accelerate revitalization of Colorado's underutilized historic buildings.
Find out how you can accelerate revitalization of Colorado's underutilized historic buildings.