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OpenState programOpen to for-profit businesses

Innovative Housing Incentive Program (IHIP) Grant

Colorado Office of Economic Development and International Trade (OEDIT), Business Funding and Incentives divisionNo deadline listedUp to $1,500,000

Summary

Colorado factory-built housing manufacturers (modular, panelized, 3D-printed, tiny or kit homes) with under 500 employees can get up to 20% of operating expenses reimbursed (up to $350k/$450k) plus $1,500-$6,000 per unit built and installed in Colorado.

About this grant

IHIP grants support Colorado innovative housing manufacturers that build modular, panelized, 3D-printed, tiny or kit homes. Selected businesses can be reimbursed up to 20% of eligible operating expenses monthly, up to $350,000 ($450,000 in Tier 1 Just Transition communities). They can also earn $1,500 to $6,000 for every unit manufactured and installed in Colorado, and may qualify for a $50,000 affordable housing bonus. The grant program remains open on a rolling basis.

Who can apply

  • Small businesses
  • For-profit companies

Colorado-based manufacturer with under 500 employees producing prefabricated residential structures (modular, panelized, 3D-printed, tiny, or kit homes) for permanent foundations

Must have a Colorado facility that has produced at least one prototype

Subsidiaries of companies with over 500 employees are eligible for the per-unit incentive only, not the operating expense reimbursement

Businesses with 5 or fewer employees may apply through an early-stage pathway (up to $100,000 operating reimbursement in the first three years)

Tiny homes must be manufactured off-site and receive a DOLA metal insignia

Topics and uses of funds

Topics

  • Housing
  • Manufacturing
  • Construction

Money can be used for

  • Operating expenses
  • Production incentive
  • Expansion

Program contact

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