Loading chat...
CO SB219
Bill
Status
4/29/2014
Primary Sponsor
Jessie Ulibarri
Click for details
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