SB22-146
Middle Income Access Program Expansion
Concerning the expansion of the Colorado housing and finance authority's middle income access program, and, in connection therewith, making an appropriation.
Session:
2022 Regular Session
Subject:
Bill Summary
Housing
The bill appropriates $25 million from the affordable housing and home ownership cash fund which is funded from the general fund to the department of local affairs (DOLA) for expansion of the middle income access program created and administered by the Colorado housing and finance authority (CHFA). The bill requires the division of housing within DOLA to contract with CHFA for administration of the money transferred.
(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)