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April 30, 2019

Senate Passes HB19-1228 on Third Reading - Onto the Governor

On Saturday, April 27, the State Senate passed "Increasing the State Affordable Housing Tax Credit," HB19-1228, on Third Reading, on a 32-2-1 vote. This vote indicates the strong bipartisan support for the state AHTC program and the work it is doing to leverage public and private partnerships to support affordable housing development and preservation in Colorado. The bill will now advance to the Governor for his signature.

HB19-1228 is co-sponsored by Representative Shannon Bird, Representative Brianna Titone, Senator Rachel Zenzinger, and Senator Jack Tate. If signed into law, it would increase the amount of state Affordable Housing Tax Credits available for annual allocation by CHFA from $5 million to $10 million for 2020-2024. Please contact our bill sponsors to thank them for their support.

Click here to view a complete list of organizations in support of HB19-1228.

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