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January 30, 2018

State Low Income Housing Tax Credit Extension Bill (SB18-007) Approved by Senate Finance Committee

Last week, Senate Bill 18-007 passed its first hurdle. This bill, which would extend Colorado’s existing state LIHTC program to 2024 and change its name to the Colorado Affordable Housing Tax Credit program, was heard in Senate Finance Committee on Tuesday, January 23 and advanced on a 3-2 vote with Senators Jack Tate (R), Lois Court (D), and Cheri Jahn (U) voting yes, and Senators Tim Neville (R) and Jim Smallwood (R) voting no. The bill will be heard next in Senate Appropriations Committee. The specific hearing date in Senate Appropriations has not yet been set.

Much appreciation to bill sponsors Sen. Jack Tate, Sen. Lucia Guzman, Speaker Crisanta Duran, and Rep. Jon Becker.

  • View the Bill Fact Sheet

  • Organizations in Support of Extending Colorado’s Affordable Housing Tax Credit program

    Advantage Capital
    Affordable Housing Ventures, LLC
    City of Aurora
    City of Boulder
    Colorado Apartment Association
    Colorado Association of Home Builders (CAHB)
    Colorado Association of Realtors (CAR)
    Colorado Bankers Association (CBA)
    Colorado Coalition for the Homeless (CCH)
    Colorado Competitive Council (C3)
    Colorado Counties, Inc. (CCI)
    Colorado Mortgage Lenders Association (CMLA)
    Colorado Municipal League (CML)
    Colorado NAHRO
    ComCap Management
    Community Housing Partners
    Counties & Commissioners Acting Together (CCAT)
    Denver Metro Chamber of Commerce
    Denver Regional Council of Governments (DRCOG)
    Dwelling Development, LLC
    Economic Development Council of Colorado (EDCC)
    Gorman & Company, LLC
    Hope Communities, Inc.
    Housing Authority of the City and County of Denver (DHA)
    Housing Authority of the City of Pueblo
    Housing Colorado
    Jefferson County Housing Authority
    Loveland Housing Authority
    Metro West Housing Solutions
    Pro 15
    Raise Homes, LLC
    Summit Housing Group, Inc.
    Sugar Creek Capital
    Volunteers of America
    Wazee Partners, LLC

    Join our coalition in support of SB 18 -007. Click here to add your organization’s name.

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