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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
SB 232 |
CO | 2022 | D | Affordable housing incentives and financing, Workforce Housing |
Provided by Furman
Summary
- Creates the Middle-Income Housing Authority for the purpose of acquiring, constructing, rehabilitating, owning, operating, and financing affordable rental housing projects for middle-income workforce housing.
- The authority is authorized to exercise the powers necessary to do complete this, including but not limited to: the power to issue bonds in connection with its affordable rental housing projects payable solely from revenues from affordable rental housing projects and with no recourse to the state; the power to enter into public-private partnerships and to contract with experienced real estate professionals to develop and operate affordable rental housing projects; the power to employ its own personnel or contract with public or private entities, or both, for services necessary or convenient to the conduct of all of the authority’s activities; to provide assistance to tenants in its rental housing to enable a transition to home ownership; and to establish one or more controlled entities to carry out its activities.
Provided by lawmakers
Bill Title
Creation Of Colorado Workforce Housing Trust Authority
Related resources
Enacted Legislation Related Posts
Research and analysis from the Furman Center on this and related housing policy topics.
