Colorado state legislators passed a bill to extend the state’s Low-Income Housing Tax Credit program.
HB-1465 extends the program through 2019 and authorizes CHFA to allocate $5 million in state LIHTC annually in 2017, 2018, and 2019. Without passage of HB-1465, the state LIHTC program would have sunset at the end of this calendar year.
HB-1465 passed in both the House and Senate with bipartisan support. The bill sponsors were Majority Leader Crisanta Duran, Rep. Jon Becker, Sen. Jessie Ulibarri, and Sen. John Cooke. According to CHFA, these legislative leaders have worked tirelessly throughout the legislative session, which began in January, to ensure that the state LIHTC program was understood and supported by their colleagues.
