Middle Income Housing Authority

The Middle Income Housing Authority (MIHA) created by SB22-232 (PDF) and SB23-035 (PDF),  is an independent special-purpose authority for promoting affordable rental housing projects for middle-income workforce housing.

The Middle Income Housing Authority was created for the purpose of acquiring, constructing, rehabilitating, owning, operating, and financing affordable rental housing projects for middle-income workforce housing.

The authority is governed by a board of directors composed of appointees by the governor with the consent of the senate. Rental units in affordable rental housing projects must provide middle-income workforce housing with stable rents.
The authority is a "public entity" and is a "special purpose authority" for the purpose of TABOR.

The authority is authorized to exercise the powers necessary to acquire, construct, rehabilitate, own, operate, and finance affordable rental housing projects, including but not limited to:

• The power to issue tax-free bonds in connection with its affordable rental housing projects payable solely from revenues from affordable rental housing projects and with no recourse to the state;
• The power to enter into public-private partnerships and to contract with experienced real estate professionals to develop and operate affordable rental housing projects;
• The power to employ its own personnel or contract with public or private entities, or both, for services necessary or convenient to the conduct of all of the authority's activities;
• To provide assistance to tenants in its rental housing to enable a transition to homeownership; and
• To establish one or more controlled entities to carry out its activities.

For general inquiries please email info.MIHA@state.co.us.

To learn more about MIHA and to access important application information, dates, and events, please visit the Colorado Middle Income Housing Authority (MIHA) webpage.

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