s_fin_2018a_2018-01-23t14:02:25z1 Hearing Summary

Senators Tate and Guzman, co-prime sponsors, presented Senate Bill 18-007, which continues the Colorado low-income housing tax credit that is scheduled to expire after 2019.

Jerilynn Martinez, representing the Colorado Housing and Finance Authority, testified in support of the bill.

Ms. Martinez responded to a committee question regarding recent private equity investment in the program.

George Thorn, representing Mile High Development, testified in support of the bill.

Bob Munroe, representing Solvera Advisors, testified in support of the bill.

Mr. Munroe responded to a committee question regarding quantifying the success of the program.

Kimball Crangle, representing Gorman and Company, testified in support of the bill.

Troy Gladwell, representing the Colorado Chapter of the National Association of Housing and Redevelopment Officials, testified in support of the bill.

Mr. Gladwell responded to a committee question regarding the economic impact of building new housing units.

Maggie Grady, representing Sugar Creek Capital, testified in support of the bill.

Jim Riieker, representing Advantage Capital, testified in support of the bill.

Sara Reynolds, representing Housing Colorado, testified in support of the bill.

Meghan Dollar, representing the Colorado Municipal League, testified in support of the bill.

Ms. Dollar responded to a committee question related to workforce housing programs.

Ms. Reynolds provided additional comments about workforce housing programs.

Robert Chase, representing himself, testified on the bill.

Senators Tate and Guzman wrapped up their presentation of the bill.