Innovative Housing Incentive Program

The Innovative Housing Incentive Program is Colorado's housing-manufacturing support track under the Office of Economic Development and International Trade, with the grant side designed to help innovative housing businesses expand in-state production. It also sits alongside a separate factory-loan route that is administered with the Colorado Housing and Finance Authority. The grant program has a $40 million pool and has been open on a rolling basis since December 2022. Its three grant mechanisms are working-capital reimbursement of up to 20% of eligible operating expenses, capped at $350,000 or $450,000 in Tier 1 Just Transition Communities; per-unit incentives ranging from $1,500 to $6,000 for each unit manufactured and installed in Colorado; and a $50,000 affordable-housing bonus for businesses that commit at least 10% of production to deed-restricted affordable housing. IHIP is built for for-profit manufacturers that can show real production capacity, not just a concept. Businesses that already have a factory model, can document Colorado operations, and can tie output to housing supply or affordability are the clearest fit, while the factory-loan route remains separate and is not currently accepting applications.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.