CO HB1202

Department of Local Affairs must present a statewide homelessness prevention and resolution strategy proposal at its January 2027 SMART Act hearing, including timeline, budget, identification of service gaps, and recommendations for state-local collaboration

Local governments may form multijurisdictional homelessness response authorities through intergovernmental agreements, creating new special districts with power to coordinate regional homelessness strategies, employ staff, acquire property, and issue bonds

Authorities may levy sales or sales and use taxes if each participating local government submits the tax question to voters, with revenue dedicated solely to regional homelessness prevention and response

Counties may designate a portion of real estate documentary filing fees for transfer to county governments or housing authorities to develop, preserve, or acquire affordable housing for individuals experiencing homelessness

Colorado had over 13,000 individuals experiencing homelessness on a single night in January 2024, with more than 52,800 seeking housing services that year; only 27 affordable homes exist for every 100 needed by those earning 30% or less of area median income