Jeffco Schools To Home: CHFA Down Payment Help 2026

25%of first mortgage $0monthly payment No capon purchase price $178,920income limit

The short version

CHFA Schools To Home is a Colorado homebuying program for full-time public school employees. If you work full time for Jeffco Public Schools — or any Jeffco-authorized charter, institute charter, BOCES, or innovation zone school — you can pair a 30-year fixed first mortgage with a second mortgage worth up to 25% of that first mortgage, used for your down payment and closing costs.

• No monthly payment on the assistance. Zero percent. No interest accrues.
• No purchase price limit. None. The cap is on the loan amount, not the house.
• Income limit is $178,920 statewide — same number in every county, regardless of household size.
• You do not have to be a first-time buyer.
• Only one borrower on the loan has to be the school employee.
• The catch: you repay the assistance plus a share of your home's appreciation when you sell, refinance, pay off the first mortgage, or stop living there.

Program terms below reflect CHFA's published program matrix effective July 1, 2026. Terms change — always confirm current guidelines with a CHFA participating lender before you write an offer.

On this page

1. What is the CHFA Schools To Home program?
2. Who qualifies in Jeffco — and who doesn't
3. How much money is this, actually? (Jeffco math)
4. Shared appreciation, explained without the spin
5. A full worked example at a $600,000 Jeffco house
6. When Schools To Home is the wrong move
7. The complete requirement checklist
8. What kind of homes qualify
9. Where Jeffco staff are actually buying
10. Foothills buyers: what's different up the hill
11. Step by step: how to actually use it
12. Jeffco Schools To Home FAQ

What is the CHFA Schools To Home program?

Schools To Home came out of bipartisan legislation passed in the 2025 Colorado legislative session. The General Assembly told the Colorado Housing and Finance Authority (CHFA) to build a down payment assistance program for public school employees, and funded it through the Public School Permanent Fund (PSPF). CHFA launched it in 2026.

The problem it's aimed at is not subtle. Jefferson County's median home value has been running somewhere in the neighborhood of $595,000 to $640,000 through the first half of 2026, depending on whose index you read. A first-year Jeffco paraprofessional is not saving a $120,000 down payment out of that paycheck. Neither is a bus driver, a nutrition services lead, or a custodian with fifteen years in the building. The people who keep Jeffco schools running have been priced out of the neighborhoods those schools serve, and everybody in the district already knew it.

How the program is structured

1. A 30-year fixed-rate first mortgage. A conventional Fannie Mae purchase loan. Normal amortizing mortgage, normal monthly payment.
2. A second mortgage for down payment and/or closing cost assistance, for up to 25% of the first mortgage amount. This is a zero-percent silent second: no monthly payment, no accrued interest. Proceeds can go toward down payment, closing costs, prepaids, or principal reduction.
3. A shared appreciation obligation. When the second comes due, you repay the original assistance plus an agreed percentage of whatever your home appreciated.

The second mortgage and the shared appreciation payment both come due at the same triggering events: you sell, you refinance, you pay off the first mortgage, or the property stops being your primary residence.

Is this free money?

No, and anyone who tells you it is should not be handling your transaction. This is a real second mortgage with a real repayment obligation and a real cost attached to it. What it is — and this is the honest pitch — is a way to convert "I need eight more years of saving" into "I can buy this fall," at a cost you can calculate in advance. Whether that trade is worth it depends on your numbers, and we walk through exactly how to run them below.

Who qualifies in Jeffco — and who doesn't

Which Jeffco employees are eligible?

CHFA's language is deliberately broad. The program is for any individual employed by a preK–12 Colorado public school, school district, charter school, institute charter school, board of cooperative educational services (BOCES), or innovation zone, who is classified as a full-time employee by their employer.

Read that again, because it is not what most people assume. It does not say "teacher." It says any individual employed by. If you are full time and your employer is on the eligible list, your job title is irrelevant. That means:

Classroom & SPED teachers Paraprofessionals & aides Counselors, psychologists, nurses Front office & registrars Custodial & maintenance Nutrition services staff Bus drivers, mechanics, dispatch Coaches & activity directors Admin, IT, HR, finance, security

Which Jeffco-area employers count?

All publicly funded schools. Jeffco Public Schools (Jefferson County School District R-1) is the obvious one — it is the second-largest district in Colorado, covering the entire county plus a slice of Broomfield, with roughly 155 to 160 schools. But the eligible-employer list is wider than the district:

• District-run neighborhood schools — every elementary, middle, and high school in the county
• Jeffco-authorized charter schools
• Institute charter schools authorized by the Colorado Charter School Institute and located in Jeffco
• Option, magnet, and choice-enrollment programs operated as public schools
• Innovation zone schools
• BOCES — boards of cooperative educational services
• Publicly funded preschool programs — the program says preK–12, not K–12

Every building. Every department. Not just the classroom.

How to verify your employer: CHFA points to the Colorado Department of Education's SchoolView site. If you use the Excel file there, make sure "Public" appears in the School Type column. Private and parochial school employees are not eligible, and that is a hard line.

Do I have to be full time?

Yes. Your employer has to classify you as full time. Part-time, substitute, and seasonal roles do not qualify on their own — but see the next question, because there is a real workaround for a lot of households.

What if my spouse or partner doesn't work for the schools?

Doesn't matter. If there are multiple borrowers on the loan, only one of them has to be the full-time public school employee. The other borrower can be a nurse, a contractor, a software engineer, a firefighter, anybody.

This is the single most underused feature of the program, and it is a big deal for two groups we work with constantly. First, dual-income households where one spouse teaches and the other out-earns them — the school employee's job unlocks the program, and the household's combined income does the qualifying (up to the cap). Second, co-buyers who aren't married: a couple of Jeffco paras buying together, a teacher buying with a sibling, two friends splitting a Wheat Ridge duplex-style ranch. As long as one of you is full time with an eligible employer and everyone is on the loan and on title, you're in the door.

Two important limits on that, though. Cosigners and non-occupying co-borrowers are not permitted, so you can't have a parent sign to strengthen the file and then not live there. And CHFA does not permit non-borrowing spouses or anyone else who isn't obligated on the mortgage to take title. Everyone on title is on the loan, and everyone on the loan lives in the house.

Do I have to buy in Jefferson County?

No. The program is statewide. If you teach in Golden and want to buy in Wheat Ridge, Arvada, Westminster, Broomfield, or Littleton, that's fine. If you teach in Jeffco and want to buy in Weld County, that's also fine on the program side — though do the commute math honestly, because Highway 93 and I-70 in February have ended more than one clever plan.

Do I have to work in the district where I buy?

No. You have to work full time for an eligible Colorado public school employer. Which district and which county are separate questions.

Do I have to be a first-time buyer?

No. CHFA's matrix says plainly that this program is not restricted to first-time homebuyers. If you owned before, sold, and have been renting, you can use it. If you're going through a divorce and coming out the other side needing to buy again, you can use it — and if that's your situation, that's a whole separate conversation we're glad to have.

One property limit does apply: you can only have one CHFA-financed property at a time, and beyond Fannie Mae's own limits on financed properties, each borrower may hold an ownership interest in one other residential dwelling at closing.

How much money is this, actually? (Jeffco math)

Here is where most write-ups get lazy and say "up to 25%" without telling you 25% of what. The assistance is 25% of your first mortgage amount, not 25% of the purchase price. Those are different numbers, and the difference matters.

There's also a second constraint that almost nobody explains: the program allows a maximum 97% LTV on the first mortgage and 105% CLTV combined. Run those two rules together and the structure basically writes itself.

Structure A — Zero Down, No PMI

Structure B — Maximum Assistance

You still bring closing costs and prepaids, plus the $1,000 minimum borrower contribution, under Structure A. Structure B covers the full down payment plus about $30,000 toward closing costs, prepaids, or principal reduction — at the cost of PMI on the first.

To be straight with you: the exact structure is your lender's call, run through Fannie Mae's automated underwriting. What we've laid out is how the program's own published limits interact. Have a CHFA participating lender price both versions side by side before you decide — the PMI premium versus the extra $6,000 of assistance is a real trade, and it goes different directions depending on your credit score and how long you plan to stay.

Is there a maximum loan amount?

Yes, on the first mortgage: the lower of $832,750 or the applicable Fannie Mae limit plus financed mortgage insurance. In Jefferson County, that ceiling is well above what most Jeffco staff households will be borrowing.

Is there a maximum purchase price?

No purchase price limits. This is genuinely unusual for a down payment assistance program and it's the detail we'd underline twice. Most DPA programs in Colorado cap the price of the house, which quietly pushes school employees toward the oldest housing stock in the least convenient parts of the metro. Schools To Home doesn't do that. If you qualify on income and the loan amount fits, you can buy in Golden, in Genesee, in Ken Caryl, wherever the house makes sense.

What's the income limit?

$178,920, statewide, regardless of county or household size. One flat number. That is a high ceiling for a school-employee program, and it's why the co-borrower rule matters so much — a teacher plus a well-paid partner can very often still fit underneath it.

The income counted is the qualifying income your lender uses to credit-qualify you for the loan, not some separate household calculation. That distinction saves a lot of files.

Not sure which structure fits your situation?

Send us your target price range and we'll have Mike Oswald run Structure A and Structure B side by side — free, no obligation.

Call Tommy: 720-575-1588 Jefferson County Homes

Shared appreciation, explained without the spin

This is the part that costs money, so read it slowly.

How is the shared appreciation percentage calculated?

CHFA's formula is simple division: your original assistance amount divided by your original purchase price.

In Structure A above, $120,000 of assistance on a $600,000 house gives you a 20% shared appreciation rate. In Structure B, $126,000 on $600,000 gives you 21%. That percentage is locked in at closing and does not change.

How is the appreciation itself measured?

Contract sales price minus original purchase price. On a refinance, payoff, or other maturity event, it's appraised or fair market value minus original purchase price. Multiply that difference by your locked percentage, and that's what you owe on top of repaying the assistance.

Note what is not in that formula: your down payment, your improvements, your selling costs, your agent commission. The calculation runs off purchase price and sale price. If you gut the kitchen and add $60,000 of value, you share a percentage of that too. Worth knowing before you plan a major remodel.

What if my home loses value?

Negative appreciation is treated as 0% appreciation. You still owe the assistance back in full, but you don't owe a share of a loss. There is no scenario where the shared appreciation payment is negative, and there's also no scenario where it makes you whole on a decline — you carry that part yourself, same as any owner.

When does it come due?

Four triggers: you sell, you refinance, you pay off the first mortgage, or the property is no longer your primary residence. That last one deserves emphasis. If you move out and rent the house, the whole obligation accelerates. This is not a program you use to build a rental portfolio, and pretending otherwise is how people get hurt.

Can I refinance later to get a better rate?

You can, but a refinance triggers repayment of the assistance and the shared appreciation payment. So a rate-and-term refinance three years in isn't a free move — you'd need enough equity to absorb the payoff. Practically speaking, most people using this program should plan on the first mortgage rate being the rate they live with for a while, or plan on the refinance being a "cash out enough to clear the second" event. Model it before you commit.

A full worked example at a $600,000 Jeffco house

Let's say you're a full-time Jeffco employee buying a ranch in Arvada for $600,000, using Structure A.

At closing

Seven years later, you sell for $780,000

About 3.8% annual appreciation — a reasonable, non-heroic assumption for the Front Range.

So: you put down zero, and seven years later you walk away with something in the neighborhood of $200,000 gross — $180,000 of which is appreciation you shared 20% of, and the rest is principal you paid down instead of paying a landlord.

The honest comparison

The right question isn't "does the shared appreciation cost me money." It obviously does — $36,000 in this example. The right question is: what would those seven years have looked like otherwise?

If the alternative was renting in Lakewood for seven more years while trying to save $120,000, you don't have $204,000 at the end. You have whatever you managed to save, and you're buying into a market that moved without you. If the alternative was buying two years later with a 5% conventional down payment, run that side by side — sometimes it wins, especially if you expect strong appreciation and can actually save the money. Two years of Front Range appreciation on a $600,000 house is often more than the shared appreciation cost.

That's a real calculation, not a rhetorical one, and it goes different ways for different people. We'll run it with you both directions.

When Schools To Home is the wrong move

Every honest program page needs this section. Here's when we'd tell a Jeffco employee to slow down:

• You might move in under three years. Short holds don't build enough equity to comfortably absorb the payoff, and transaction costs eat you alive regardless.
• You already have a real down payment saved. If you're sitting on 15–20% in cash, a straight conventional loan with no shared appreciation is usually cheaper. Use the cash.
• You want to keep the house as a rental someday. The primary-residence trigger kills that plan. Full stop.
• You're planning a major value-add renovation. You'll share appreciation on the value you created with your own money and labor. Sometimes still worth it — but go in with your eyes open.
• You're near the top of your budget. Zero down means zero cushion. A furnace, a hail claim, and a new roof deductible in the same year is a very Colorado experience.
• Your credit is under 620. You're not eligible yet. A focused six-month cleanup often fixes this, and it's worth doing properly rather than forcing a marginal file.

If you're a longtime Jeffco employee closer to the end of your career than the beginning, there's often a different and better play — particularly if you're thinking about downsizing, a one-level ranch, or a 55+ community. That's a different toolkit, and we use it constantly. Ask us about it instead of forcing this program to fit.

The complete requirement checklist

Everything CHFA requires, in one place, per the program matrix effective July 1, 2026.

Employment

• At least one borrower classified full time by an eligible Colorado preK–12 public school employer
• Employer verified via CDE SchoolView, "Public" listed as School Type

Credit & Income

• Minimum mid credit score: greater of 620 or loan-type requirement
• Max DTI: 50% (FICO 620–659) / 55% (FICO 660+)
• Income limit: $178,920 statewide
• Two years of tax transcripts via 4506-C
• Automated underwriting through Fannie Mae DU only

Money In

• $1,000 minimum borrower contribution (may be a gift)
• Second mortgage proceeds may never come back to you as cash at closing

Education

• CHFA-approved homebuyer education course, valid 12 months, every borrower
• CHFA's "Understanding Your Financial Commitment" course & quiz

Start both education courses early. We've seen otherwise clean files sit at the closing table waiting on a certificate.

Loan structure rules

• Maximum 97% LTV / 105% CLTV (manufactured housing: 95% LTV / 105% CLTV, or 97% for MH Advantage)
• No subordinate financing — you can't stack another DPA program underneath
• No interest rate buydowns permitted
• No cosigners, no non-occupying co-borrowers, no non-borrowing spouse on title
• PMI required above 80% LTV
• Rate lock delivery period is 60 days, with up to six 10-day extensions available at 0.125% each

That last one matters more than it sounds. A 60-day delivery window means a long new-construction close needs planning, and extensions cost money — though the extension fee can be paid by the borrower, lender, builder, seller, or agent, which is a negotiating point most people never think to use.

What kind of homes qualify

Broader than you'd expect:

• Single family, one unit — attached or detached
• PUDs, attached or detached
• Condominiums
• Modular homes
• Manufactured housing on a permanent foundation, subject to Fannie Mae guidelines and DU approval
• Homes with an existing ADU are allowed, subject to Fannie Mae requirements

The ADU allowance is quietly one of the best features here. Jeffco has real ADU stock — converted garages in Wheat Ridge, mother-in-law setups in Arvada, guest cabins up in Evergreen and Conifer. A legal existing ADU can change the whole affordability picture for a school employee, and it's the kind of thing that also sets up a multigenerational living arrangement later.

Requirements on the property itself

• Must be owner-occupied as your primary residence
• A full appraisal is required — Property Inspection Waivers are not allowed on this program
• Leasehold, land trust, deed-restricted, and affordable-covenant properties can work with underwriter approval and the right CHFA form

No PIW is worth flagging for your offer strategy. In a competitive situation, some sellers prefer offers where the appraisal can be waived. Yours can't be. That's not a dealbreaker — it just means we structure the appraisal terms deliberately instead of pretending the issue doesn't exist. This is exactly the kind of detail that decides whether a Jeffco school employee's offer gets accepted or set aside.

Where Jeffco staff are actually buying

Jeffco Public Schools covers the entire county plus part of Broomfield, so "close to work" means very different price points depending on which building you report to. Rough lay of the land, cheapest to priciest:

Edgewater & Wheat Ridge

The most attainable entry into the county. Mid-century ranches, bungalows, and a growing condo and townhome inventory. Quick I-70 and 6th Avenue access. Browse Wheat Ridge homes.

Lakewood

The county's biggest housing market and the most variety — Belmar's walkability on one end, Green Mountain trailheads on the other. Browse Lakewood homes.

Arvada

Olde Town, the W Line into Union Station, and everything from postwar ranches to newer infill on the north end. Browse Arvada homes.

Golden

Small-town feel, Clear Creek, School of Mines energy, and a price tag that reflects all of it. The no-price-cap feature matters here. Browse Golden homes.

Littleton, Ken Caryl & Columbine

South county. Established neighborhoods, good C-470 access, and a mix of ranches and two-stories that suits families and downsizers alike. Browse Littleton homes.

Morrison, Evergreen & Conifer

Where a lot of Jeffco staff genuinely want to live — and where the diligence gets more involved. See the next section. Morrison · Evergreen · Conifer.

Every one of these submarkets is moving at a different speed right now. Rather than quote you a stale median, we'll pull live REcolorado data for the specific attendance areas you're considering — that's a fifteen-minute conversation and it'll tell you more than any blog post.

Foothills buyers: what's different up the hill

If you work at Evergreen, Conifer, West Jeffson, Bergen, Marshdale, Elk Creek, or any of the mountain-area schools, buying near work means a different diligence list than buying in Arvada. Twelve years walking punch lists and inspecting multifamily buildings taught me that the expensive problems are almost always the ones nobody looked for. Up here, those are:

• Wildfire mitigation and insurability. Get an insurance quote before your objection deadline, not after. Carriers have gotten selective, and a home you can't insure is a home you can't close on. Class A roof requirements and defensible-space costs are real line items.
• Well and septic. Flow test, water quality, septic inspection and pumping, permit history. These are separate inspections with separate lead times, and they don't fit inside a lazy ten-day objection period.
• Roof age and hail history. The whole Front Range is a hail market. Ask what's been claimed, ask what's been replaced, and expect the insurer to want photos.
• Access and grading. Driveway slope, plow contracts, culverts, and where the water goes in a spring melt. A steep unpaved driveway is a lifestyle decision, not a detail.
• Appraisal timelines. Remember there's no appraisal waiver on this program, and mountain comps take longer to work through. Build the calendar accordingly.

None of this should scare you off the foothills. It should just mean you're the buyer who looked, instead of the one who found out in year two.

Step by step: how to actually use it

1. Confirm your employer is eligible. Check the Colorado Department of Education's SchoolView site and make sure "Public" shows in the School Type column. Two minutes.
2. Confirm you're classified full time. Your HR or payroll office can put that in writing. Get it early — it becomes a loan condition later anyway.
3. Talk to a CHFA participating lender. Not every lender does CHFA loans, and fewer have actually closed Schools To Home files. Our lender partner Mike Oswald at New American Funding (NMLS #261003) has run this program and will price Structure A against Structure B for you honestly.
4. Get fully pre-approved — credit pulled, income documented, DU run. Not a pre-qualification letter. In Jeffco, a real pre-approval is the difference between an offer and a wish.
5. Start both education courses now. The CHFA-approved homebuyer education class and the "Understanding Your Financial Commitment" course. Do them while you're house hunting, not while you're under contract.
6. Get your agent involved before you tour anything. Offer strategy on this program is specific — the no-PIW rule, the 60-day delivery window, the no-buydown rule, and who pays lock extensions all need to be handled in how the contract is written, not discovered afterward.
7. Write, negotiate, inspect, close. Then go back to work and tell the breakroom it actually worked.

Jeffco Schools To Home FAQ

Is CHFA Schools To Home a grant?

No. It's a deferred second mortgage with a shared appreciation obligation. Nothing is forgiven.

Do I make monthly payments on the assistance?

No. Zero percent, no monthly payment, no interest accrual for as long as it's your primary residence and the first mortgage stays in place.

How much assistance can I get?

Up to 25% of your first mortgage amount — which, once the 105% CLTV cap is applied, works out to roughly 20–21% of the purchase price.

Is there a purchase price limit?

No. There is a maximum loan amount — the lower of $832,750 or the applicable Fannie Mae limit plus financed MI — but no cap on the price of the home.

What's the income limit?

$178,920 statewide, the same in every county and for every household size.

What credit score do I need?

A minimum mid score of 620, or higher if the loan type requires it.

What's the maximum debt-to-income ratio?

50% if your mid FICO is 620–659; 55% if it's 660 or above. Automated underwriting can be more restrictive than that, so 55% is a ceiling and not a target.

Do bus drivers, custodians, and kitchen staff qualify?

Yes. The program covers any individual employed full time by an eligible public school employer. Job title is not a factor.

Do charter school employees in Jeffco qualify?

Yes — charter schools and institute charter schools are both named as eligible employers, along with district schools, BOCES, and innovation zones.

What about preschool staff?

The program says preK–12, so publicly funded preschool employment at an eligible employer counts. Verify your specific employer on the CDE site.

Do private school employees qualify?

No. Public employers only.

Does my spouse have to work for the schools?

No. If there are multiple borrowers, only one needs to be the full-time public school employee.

Can I buy with a friend or family member instead of a spouse?

Yes, as long as everyone is on the loan, everyone is on title, and everyone occupies the home. Cosigners and non-occupying co-borrowers aren't permitted.

Do I have to be a first-time homebuyer?

No.

Can I use it on a condo or townhome?

Yes — condos, PUDs, attached and detached single family, modular, and manufactured housing on a permanent foundation are all eligible.

Can I buy a home that already has an ADU?

Yes, subject to Fannie Mae requirements.

Can I buy a duplex or a multi-unit and rent the other side?

No. One unit, owner-occupied.

Can I rent the house out later?

Not while the assistance is outstanding. The moment it stops being your primary residence, the second mortgage and the shared appreciation payment both come due.

What happens if I refinance?

A refinance is a maturity event. You'd repay the assistance plus the shared appreciation amount at that point.

What if my home is worth less than I paid?

Negative appreciation counts as zero appreciation. You repay the assistance, but you don't owe a share of a loss.

How exactly is my shared appreciation percentage set?

Original assistance amount divided by original purchase price. It's fixed at closing.

Do my renovations increase what I owe?

Effectively yes — the formula uses purchase price and sale price, so value you add flows into the appreciation calculation.

Can I combine this with another down payment assistance program?

No. Subordinate financing isn't allowed.

Can the seller buy down my rate?

Not on this program — interest rate buydowns aren't permitted. Seller concessions can still go toward closing costs and prepaids within loan guidelines, so there's still room to negotiate.

Do I need money of my own?

A $1,000 minimum borrower contribution, which can be a gift, plus closing costs and prepaids to the extent the assistance doesn't cover them.

What education is required?

A CHFA-approved homebuyer education course for every borrower, valid 12 months, plus CHFA's "Understanding Your Financial Commitment" course and quiz.

Can I use it outside Jefferson County?

Yes. It's a statewide program.

How long does the whole process take?

Plan on 45 to 60 days from contract to close, and start the education courses a month before that. The rate lock delivery window is 60 days with extensions available at a cost.

Is there a deadline or a limited pool of funds?

The program is funded through the Public School Permanent Fund and terms are subject to change. Programs like this get revised. If you're eligible now, get pre-approved now rather than waiting to see what next year's matrix says.

Who do I call in Jeffco?

Tommy Reed at 720-575-1588, or the team line at 303-955-4220.

Let's find out if this works for you

One conversation tells you whether Schools To Home is a fit, what you'd actually qualify for, and what the shared appreciation would realistically cost you at a Jeffco price point. No cost, no commitment, and if the answer is "a straight conventional loan is better for you," we'll tell you that instead.

Tommy Reed — The Kenna Real Estate Group · Team line: 303-955-4220
Lender partner: Mike Oswald, New American Funding · NMLS #261003

Call Tommy: 720-575-1588 Search Jefferson County Homes

Compare every Colorado teacher homebuying program · Denver metro school district guide

Working in a different district? We build these for Cherry Creek, Douglas County, Denver Public Schools, and the rest of the metro too — just ask.

Program details summarized from the Colorado Housing and Finance Authority (CHFA) Schools To Home program matrix effective July 1, 2026, and are subject to change. This article is for general information only and is not a commitment to lend, an offer of credit, or a guarantee of eligibility, terms, or assistance amounts. Eligibility, income limits, loan limits, credit requirements, homebuyer education requirements, loan structure, and shared appreciation terms are determined by CHFA and a CHFA participating lender. Loan structure examples are illustrative and reflect published program limits; your actual structure is determined by your lender and automated underwriting. Verify eligible employers with the Colorado Department of Education. The Kenna Real Estate Group is a real estate brokerage team and does not originate loans. Not affiliated with, sponsored by, or endorsed by Jeffco Public Schools or Jefferson County School District R-1. Each office is independently owned and operated. Equal Housing Opportunity.