In December 1990 the Colorado Association of REALTORS^® created the HOUSING OPPORTUNITY FOUNDATION (CARHOF) to provide financial resources to groups and organizations which sponsor or support activities, programs and services which directly or indirectly expand, create or encourage the development of crisis shelters, affordable housing and home ownership opportunities in Colorado for individuals and families with moderate, low and very low incomes.

CARHOF is a nonprofit 501(c)3 foundation organized for the express, exclusive purposes of facilitating and increasing housing opportunities in Colorado by promoting the availability of affordable, adequate, safe and decent housing; supporting education and research of housing issues, problems and opportunities; providing technical assistance to groups seeking to deal with housing issues and needs; and engaging in activities intended to enhance Colorado citizens ability to secure housing.