Bill Increasing State Affordable Housing Tax Credits Progresses in the House
CHFA, in partnership with a robust coalition of housing, community, nonprofit,
and business leaders, has been working to increase the amount of state
Affordable Housing Tax Credits (AHTC) available for annual allocation from $5
million to $10 million for 2020 through 2024.
The bill proposing this increase, HB19-1228, sponsored
by Rep. Shannon Bird. Rep. Brianna Titone, Sen. Jack Tate, and Sen. Rachel Zenzinger, passed out of the House
Appropriations Committee on an 8-3 bipartisan vote on Friday, April 12. Late that same evening, the bill also passed
Second Reading in the House of Representatives on a voice vote. The bill is calendared for Third Reading in the House
on Monday, April 15. If successful, HB19-1228 will advance to consideration by the State Senate.
Please contact your State Representative to urge their support for HB19-1228.
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