It passed the committee on a vote of 10-3. The Colorado Senate adopted the measure in January.

 

“This bill ensures that more Coloradans have access to affordable housing,” Speaker Duran said. “The ultimate beneficiaries are seniors, veterans and hardworking Coloradans who are struggling to find an affordable place to call home in today’s hot real estate market.” 

 

The program, administered by CHFA, has helped create over 4,000 affordable town homes and houses across Colorado and leveraged $465 million in private sector equity into the state. The bill, Senate Bill 7, would reauthorize CHFA tax credits through 2024.

 

Read the Story by By Kelcey McClung  – Reporter, Denver Business Journal