Can homes purchased through the Boulder County Down Payment Assistance Program be rented?
While a household has a down payment assistance loan with the City, the home cannot be rented out. The homeowner may have roommates but the property must be the homeowner’s primary residence. The property may be rented out once the entire down payment assistance loan has been repaid. This is only applicable if the owner purchased a market rate home and does not apply if the owner purchased a home through the Community Housing Program.
