Fact sheet
Eagle County Loan Fund (ECLF) and Eagle Ranch Housing Corp DPA
OpenEagle County
- Buyers
- Residents who live and work in Eagle County
- Amount
- ECLF shared-equity: up to 5% of price (conventional/RD/VA); ECLF FHA: up to 5%, max $42,500; ERHC (Eagle Ranch only): up to $10,000
- Form
- deferred (shared equity) or amortizing
- Price cap
- $850,000 for ECLF shared-equity loan
- Conditions
- Borrower contributes at least 1% (shared-equity) or 50% of loan amount/min $3,000 (FHA); counseling with The Valley Home Store before applying
ECLF FHA loan: 15 years at 2.5% with monthly payments. ERHC: 15-year 2.5% deferred balloon. Shared-equity loan interest-free if repaid within 24 months.
Checked November 2026 · method
Check my eligibility →The three loan options
The Eagle County Housing and Development Authority oversees these funds, and Impact Development Fund administers the loans.
- ECLF shared-equity loan: up to 5% of the price on conventional, USDA-RD or VA loans, with a $850,000 price cap. It is interest-free if repaid within 24 months; after that, repayment includes a share of equity.
- ECLF FHA loan: up to 5%, maximum $42,500, repaid over 15 years at 2.5% with monthly payments.
- Eagle Ranch Housing Corp (ERHC): up to $10,000 for homes in Eagle Ranch only, a 15-year, 2.5% loan with payments deferred to a balloon.
Who qualifies?
You must both live and work in Eagle County. Income limits for ECLF were not published on the pages we reviewed. For the shared-equity loan you contribute at least 1% of the price; for the FHA loan, at least half the loan amount and no less than $3,000. Before applying, every buyer meets with The Valley Home Store for counseling.
Using ECLF with state programs
Teachers with Eagle County School District and local deputies or firefighters may also qualify for Schools To Home or Colorado Champions. Since Schools To Home accepts only an outside grant, an ECLF loan is unlikely to fit behind it. County employees should also check the Division of Housing loan and the employer programs run through IDF. A participating lender confirms which combinations work.
Which one fits? Buyers using a conventional, USDA or VA first mortgage usually look at the shared-equity loan first, especially if they expect to repay within two years and avoid any equity share. FHA buyers have only the 2.5% installment loan, which adds a monthly payment. The Eagle Ranch loan is a narrow add-on for one neighborhood. The 50% contribution rule on the FHA loan means a $20,000 loan requires $10,000 of your own money.
Ask The Valley Home Store which option your income and loan type point to before you make an offer.
How to apply
Book counseling with The Valley Home Store, pick the option that matches your loan type, and apply through the county's housing site. See the Eagle County page, our cash-to-close guide, and check eligibility.
County guides for this program: Eagle County.
Questions about Eagle County Loan Fund (ECLF) and Eagle Ranch Housing Corp DPA
What is the ECLF price limit?
$850,000 for the shared-equity loan.
Does the ECLF FHA loan have payments?
Yes. It is a 15-year loan at 2.5% with monthly payments, up to $42,500.
Who can use the Eagle Ranch loan?
Buyers of homes in Eagle Ranch, up to $10,000.
Similar programs
- Eagle County Division of Housing DPA · Eagle County
- Garfield County Housing Authority DPA · Garfield County, plus El Jebel area of unincorporated Eagle County and the Town of Basalt
- CHFA HomeAccess / HomeAccess Plus
- CHFA SectionEight Homeownership / SectionEight Homeownership Plus
- CHFA Preferred Very Low Income (VLIP)
- Colorado HFA1 / Colorado HFA1 Plus
Summarized from the program's official page, November 2026. Money and rules shift; check today's terms with the administrator or a participating lender. Colorado Down Payment Assistance has no tie to this program.
Check this program and the state option together
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