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A60D92057578DC7887258AAD007CA840 Hearing Summary




PUBLIC
BILL SUMMARY For PRESENTATION ON THE IMPLEMENTATION OF PROPOSITION 123

JOINT COMMITTEE COMMITTEE ON JOINT SENATE LOCAL GOVERNMENT & HOUSING AND HOUSE TRANSPORTATION, HOUSING & LOCAL GOVERNMENT
Date Jan 23, 2024      
Location Old Supreme Court



Presentation on the Implementation of Proposition 123 - Committee Discussion Only


03:42:48 PM  
Ms. De Cambra and
Mr. Mislkel presented to the committee on implementation updates of Proposition
123, including funding available and local and tribal governments commitments.
Ms. George presented on Division of Housing programs relating to Proposition
123, including efforts relating to homeownership and homelessness. Presenters
provided printed materials to the committee that can be found in Attachment
A.
03:51:33 PM  
Ms. Unfug presented to the committee on the status of the Local Planning Capacity Grant Program.
03:52:19 PM  
Ms. Hilary Cooper,
Director, Innovative Funding for Housing Programs, Office of Economic Development
and International Trade (OEDIT), introduced herself and Steve Johnson,
Community Development Director, Colorado Housing and Finance Authority
(CHFA), to the committee. Ms. Cooper and Mr. Johnson presented on the implementation
of Proposition 123 and the status of the Affordable Housing Financing Fund,
including updates on the Land Banking Program, the Equity Program, and
the Concessionary Debt Program.
04:01:04 PM  
Ms. Cooper and Mr. Johnson responded to questions regarding the modular program.






The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details