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CO SB219

Bill

Status

Introduced

4/29/2014

Primary Sponsor

Jessie Ulibarri

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Directs the Division of Housing in the Department of Local Affairs to study factors affecting the shortage of owner-occupied affordable housing in Colorado, in consultation with government agencies and private-sector entities.

  • Requires the study to focus on housing where monthly principal, interest, taxes, and insurance (PITI) costs do not exceed 30 percent of area median income.

  • Mandates the study include market trends, consumer demographics, financing availability, federal and state laws, insurance products and rates, comparison with other states, and consumer protection laws.

  • Requires the Division to report findings to the General Assembly on or before March 15, 2015.

  • Repeals this provision effective July 1, 2015, making it a temporary directive.

Legislative Description

Owner-occupied Affordable Housing Study

Last Action

Senate Committee on Appropriations Postpone Indefinitely

5/1/2014

Committee Referrals

State, Veterans, & Military Affairs4/29/2014

Full Bill Text

No bill text available