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B42B769CC034460787258823006D8B4D Hearing Summary




PUBLIC
BILL SUMMARY For SB22-159

SENATE COMMITTEE ON FINANCE
Date Apr 13, 2022      
Location Old Supreme Court



SB22-159 - Amended, referred to Senate Appropriations

01:56:35 PM  
Sens. Bridges and
Zenzinger introduced Senate Bill 22-159. The bill creates the Transformational
Affordable Housing Revolving Loan Program in the Division of Housing in
the Department of Local Affairs to provide flexible, low-interest, and
below-market-rate loan funding to make investments in transformational
affordable housing.    

02:07:12 PM  

Committee discussion ensued with the bill sponsors.

02:11:06 PM  
Mr. Brian Rossbert, representing Housing Colorado, testified to amend the bill. Commissioner Tamara Pogue, representing Colorado Counties, Inc. (CCI) & Counties & Commissioners Acting Together (CCAT), testified to amend the bill. Written testimony may be found in Attachment B.
02:12:11 PM  
Mr. Matt Gorenc, representing the Denver Metro Chamber of Commerce, testified in support of the bill. Ms. Kinsey Hasstedt, representing Enterprise Community Partners, testified in support of the bill. Ms. Cathy Alderman, representing the Colorado Coalition for the Homeless, testified in support of the bill.
02:21:50 PM  

Ms. Rachel Lee, representing the Colorado Association of Home Builders, testified in support of the bill. Mr. Jonathan Cappelli, representing Neighborhood Development Collaborative, testified in support of the bill. Director Alison George, representing the Division of Housing in the Department of Local Affairs, testified in support of the bill.



02:37:27 PM
Motion Adopt amendment L.005 (Attachment C)
Moved Lee
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:37:48 PM
Motion Adopt amendment L.006 (Attachment D)
Moved Lee
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:39:05 PM
Motion Refer Senate Bill 22-159, as amended, to the Committee on Appropriations.
Moved Lee
Seconded
Hisey Yes
Lee Yes
Priola Yes
Winter Excused
Gonzales Yes
Final YES: 4   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS






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