The University of Colorado has partnered with Landed to provide a payment assistance option to help university employees buy homes in the communities where they work.

Landed's down payment program invests alongside CU employees to help them reach a 20% down payment. Borrowers contribute at least a 5% down payment, and Landed provides bridge funding to get to a 20% down payment. This allows the borrower avoid costly mortgage insurance and potentially qualify for a better interest rate on a new home. Landed will provide up to $120,000 per family, in exchange for a portion of the equity gained (or lost, if any) in the home from the time the home is bought to when it is sold. Rather than a loan, this is considered a shared investment between Landed and the homebuyer for a maximum term of 30 years.

Who can use this program?

  • Full-time staff and faculty (20+ hours per week)
  • Employees who have worked in education (K-12 or higher ed) for at least two years
  • Employees who live in Boulder, Aurora, Denver and most other metro areas

Colorado banks that work with Landed

  • FirstBank
  • MidFirst Bank
  • Bank of the West

Other resources

  • Homebuyer education materials
  • A network of vetted real estate agents

Qualified counties 

Landed funding can be used to purchase a primary residence in the urban or near urban parts of the following counties:

  • Adams
  • Arapahoe
  • Boulder
  • Broomfield
  • Clear Creek
  • Denver
  • Douglas
  • Elbert
  • Gilpin
  • Jefferson
  • Park
  • *El Paso County is expected to open in fall 2020

The third-party program offered through Landed does not replace the current Faculty Housing Assistance Program offered to tenured and tenure track faculty.