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Bill > HB1304

CO HB1304

Proposition 123 Affordable Housing Programs

summary

Introduced
04/20/2023
In Committee
05/02/2023
Crossed Over
05/22/2023
Passed
05/22/2023
Dead
Signed/Enacted/Adopted
06/05/2023

Introduced Session

2023 Regular Session

Bill Summary

CONCERNING MODIFICATIONS TO THE AFFORDABLE HOUSING PROGRAMS CREATED BY THE VOTERS' APPROVAL OF PROPOSITION 123.

AI Summary

This bill modifies the affordable housing programs created by the voters' approval of Proposition 123. Key provisions include: - Expanding the definition of "affordable housing" to include for-sale housing for households with incomes up to 100% of the area median income, and setting rent limits based on imputed income limits. - Allowing tribal governments to participate in the programs and establishing a petition process for rural resort communities to use different area median income percentages for eligibility. - Specifying how funds in the Affordable Housing Support Fund and Affordable Housing Financing Fund can be used, including for an affordable homeownership program, a program serving persons experiencing homelessness, and a local planning capacity development program. - Requiring local and tribal governments to commit to increasing affordable housing units by 3% per year and establish expedited development approval processes to be eligible for program funding. - Mandating reporting requirements for the Office of Economic Development and the Division of Housing on the disbursement of funds and program outcomes.

Committee Categories

Housing and Urban Affairs

Sponsors (48)

Tony Exum (D)*,  Lisa Frizell (R)*,  Julie McCluskie (D)*,  Dylan Roberts (D)*,  Judith Amabile (D),  Jennifer Bacon (D),  Shannon Bird (D),  Andrew Boesenecker (D),  Jeff Bridges (D),  Kyle Brown (D),  Janet Buckner (D),  Lindsey Daugherty (D),  Ruby Dickson (D),  Monica Duran (D),  Regina English (D),  Meg Froelich (D),  Lorena García (D),  Serena Gonzales-Gutierrez (D),  Eliza Hamrick (D),  Leslie Herod (D),  Junie Joseph (D),  Chris Kennedy (D),  Cathy Kipp (D),  Sheila Lieder (D),  Mandy Lindsay (D),  William Lindstedt (D),  Meghan Lukens (D),  Javier Mabrey (D),  Bob Marshall (D),  Matt Martinez (D),  Tisha Mauro (D),  Karen McCormick (D),  Barbara McLachlan (D),  Dafna Michaelson Jenet (D),  Kyle Mullica (D),  David Ortiz (D),  Kevin Priola (D),  Naquetta Ricks (D),  Said Sharbini (D),  Marc Snyder (D),  Tammy Story (D),  Rick Taggart (R),  Brianna Titone (D),  Alex Valdez (D),  Elizabeth Velasco (D),  Ron Weinberg (R),  Jenny Willford (D),  Mary Young (D), 

Last Action

Governor Signed (on 06/05/2023)

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Document Type Source Location
State Bill Page https://leg.colorado.gov/bills/hb23-1304
Fiscal Note FN2 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1304_f1.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1304_enr.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1304_rer.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1304_rev.pdf
Second Reading Amendment L.019 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/742BA534B95C5A18872589A5001A0BDF/HB1304_L.019.pdf
Senate Local Government & Housing Amendment L.014 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/0B0692A4029D85C4872589A40006B4F9/HB1304_L.014.pdf
Senate Local Government & Housing Amendment L.016 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/1387F691D7C9CCCE872589A4000A8D02/HB1304_L.016.pdf
Senate Local Government & Housing Amendment L.013 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/BF0688571A89432F872589A3006FDE70/HB1304_L.013.pdf
Senate Local Government & Housing Amendment L.012 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/E13836807601A828872589A3004E956C/HB1304_L.012.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1304_ren.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1304_eng.pdf
Second Reading Amendment L.011 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/41D533C3B55241F08725899E0007E327/HB1304_L.011.pdf
House Transportation, Housing & Local Government Amendment L.010 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/B11F2DFB192D33D18725899C006B28E5/HB1304_L.010.pdf
House Transportation, Housing & Local Government Amendment L.007 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/7E913C206D56D8818725899C005ED221/HB1304_L.007.pdf
House Transportation, Housing & Local Government Amendment L.006 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/D296AA7ADF25F2BE8725899C005DCDE1/HB1304_L.006.pdf
House Transportation, Housing & Local Government Amendment L.002 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/288265FC277042538725899C004E04C8/HB1304_L.002.pdf
Fiscal Note FN1 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1304_00.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1304_01.pdf
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