Blog

CHFA Schools to Home for Public School Employees

July 22, 2026

*Homeownership contributes significantly to the long-term affordability and stability of communities. CHFA Schools To Homes was created to help Colorado public school employees purchase homes and live in the communities where they work.

1. What is the CHFA Schools to Home Program?

*Excerpt Courtesy of CHFA: 

“Program Overview

• Fixed interest rate first mortgage loan
• Down payment and/or closing cost assistance: second mortgage loan* for up to 25% of the first mortgage loan amount.
• Shared appreciation component: borrower shares a percentage of appreciation gained with the Public School Permanent Fund (PSPF)

*Second mortgage loan repayment, along with the shared appreciation payment, is required but is deferred until the end of the loan term or an earlier event such as payoff of first mortgage loan, sale or refinance of home, or if the home is no longer your primary residence.”

Read More

2. Who qualifies for the CHFA Schools to Home Program?

The CHFA Schools to Home Program was intentionally created for any individual employed by a preK-12 Colorado public school, school district, institute charter school, board of cooperative educational services, or innovation zone, who is classified as a full-time employee by their employer. Click to see if you qualify today! 

3. Can I use the CHFA Schools to Home Program on a new construction home?

Absolutely! The CHFA Schools to Home Program allows you to buy a new build, including a Baessler home, as long as you meet all requirements. “How to get a CHFA loan”

4. Can I combine the Schools to Home Program with builder incentives?

In many cases, yes. The CHFA Schools to Home Program may be combined with builder incentives, depending on the financing program and lender guidelines.

At Baessler Homes, we often offer incentives that can help make homeownership even more attainable, such as interest rate buy-downs, seller concessions to help with closing costs, or move-in-ready features on select homes. When paired with programs like CHFA Schools to Home, these incentives may help reduce your upfront costs or lower your monthly payment.

Because every buyer's financial situation is unique, the best way to understand which incentives can be combined is to speak with one of our preferred lending partners. They'll review your eligibility, explain your financing options, and help you maximize the benefits available to you.

Interested in Learning More?

Connect with one of our lending partners to explore your financing options and discover how the CHFA Schools to Home Program can help you find a home that fits your budget and goals.

Figures shown are estimates based on a $350,000 purchase price and illustrative financing scenarios. The standard CHFA loan scenario includes a $20,000 seller incentive. The CHFA Schools to Home℠ scenario includes a $12,000 seller incentive, plus applicable program benefits for eligible public school employee.

Financing examples assume a 30-year fixed-rate mortgage with a 7.000% interest rate and a 5.431% APR. Rates and APRs are subject to change without notice. Actual rates, payments, incentives, loan terms, closing costs, and eligibility requirements may vary. Seller incentives are subject to loan-program limits and may not be available for all borrowers or costs. CHFA income limits, purchase-price limits, credit requirements, homebuyer education requirements, and other program guidelines apply. Not all applicants will qualify. This is not a commitment to lend. Contact one of our preferred CHFA Participating Lenders for current rates, APRs, program requirements, and personalized financing information.