CARHOF was established primarily to fund local affordable housing programs. Accordingly, the Board of Directors of the Colorado Association of REALTORS^® approved the following guidelines for the allocation of funds collected.

At least 70% of the funds collected from any member Board or Association of REALTORS^® shall be reinvested in a community within the member Board jurisdiction. In the event the 70% is not used in a given year, the unused amount may be carried forward for use in the following years, provided that all funds not used within three years may then be used for any project approved by the CARHOF Board of Directors.

1. Not more than 15% of the funds collected from any member Board or Association of REALTORS^® shall be allocated for programs offering statewide/regional benefit or disaster relief. Consideration of these requests shall be at the discretion of the Board of Directors of CARHOF.
    
2. Not more than 15% of the funds collected shall be used for the administration of CARHOF.