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CO HB1232

Bill

Status

Passed

5/17/2023

Primary Sponsor

Iman Jodeh

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Extends deadline for expending money from affordable housing and home ownership cash fund from July 1, 2024 to July 1, 2025, allowing additional time to spend federal coronavirus recovery funds.

  • Extends deadline for housing toolkit program funds from three state fiscal years to before July 1, 2025, with unexpended or unencumbered money available for expenditure without further appropriation.

  • Allows multiple regional navigation campuses to be built or acquired in Denver metropolitan area (changes from singular to plural) to respond to and prevent homelessness.

  • Changes the date by which division may use unexpended or unencumbered funds from June 30, 2024 to June 30, 2023 for local government affordable housing development incentives grant program.

  • Excludes the regional navigation campuses cash fund from cash fund reserve limitations in statute.

Legislative Description

Extend Housing Toolkit Time Frame

Local Government

Last Action

Governor Signed

5/17/2023

Committee Referrals

Local Government & Housing3/22/2023
Transportation, Housing & Local Government3/7/2023

Full Bill Text

No bill text available