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April 24, 2018

House Appropriations Committee Advances State LIHTC Extension Bill

On Monday, April 23, 2018, the House Appropriations Committee passed SB18-007 with bipartisan support. SB18-007 proposes to extend Colorado’s Affordable Housing Tax Credit program through 2024. Currently, the program is set to expire in 2019 unless further action is taken. SB18-007 is scheduled for Second Reading before the State House of Representatives this evening.

Please contact your State Representative and urge them to support SB18-007. To date, the state Tax Credit has helped leverage $465 million in private-sector investment in Colorado and supported the development or preservation of 4,262 affordable rental housing units.

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