7D56551EDFBF5D80872587A500589E34 Hearing Summary CLICS/CLICS2021A/commsumm.nsfPUBLICBILL SUMMARY For OVERVIEW OF FUNDING RECOMMENDATIONSINTERIM COMMITTEE AFFORDABLE HOUSING TRANSFORMATIONAL TASK FORCEDate Dec 8, 2021 Location Old State Library Overview of Funding Recommendations - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/EF614699A646...$File/AttachmentASubpanelLtrAllocations.pdf?OpenElement AttachmentASubpanelLtrAllocations.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/B96D9471EA82...$File/AttachmentBSummaryAHTTFVoteUpdatedRecommends.pdf?OpenElement AttachmentBSummaryAHTTFVoteUpdatedRecommends.pdf 09:08:17 AM Jacob Bornstein, representing Wellstone Collaboritive, presented an overview of subpanel funding recommendations. He provided the following handouts to the committee: a letter from the subpanel to the committee (Attachment A) and a Summary of Affordable Housing Transformational Task Force Vote and Updated Recommendation Language (Attachment B). 09:10:06 AM Mr. Bornstein responded to questions from committee members. There was a discussion about recommendations in categories A, revolving loan fund, and C, nonprofit local government grants. 09:11:16 AM Director Alison George, Department of Local Affairs (DOLA), Division of Housing, indicated that the department recently learned that loans cannot be made to local governments due to the Taxpayer's Bill of Rights (TABOR) restrictions.