7D56551EDFBF5D80872587A500589E34 Hearing Summary

PUBLIC
BILL SUMMARY For OVERVIEW OF FUNDING RECOMMENDATIONS

INTERIM COMMITTEE AFFORDABLE HOUSING TRANSFORMATIONAL TASK FORCE
Date Dec 8, 2021
Location Old State Library

Overview of Funding Recommendations - Committee Discussion Only

Attachment Tag

File Name

Attachment

AttachmentASubpanelLtrAllocations.pdf

Attachment

AttachmentBSummaryAHTTFVoteUpdatedRecommends.pdf

09:08:17 AM

Jacob Bornstein,
representing Wellstone Collaboritive, presented an overview of subpanel
funding recommendations. He provided the following handouts to the
committee: a letter from the subpanel to the committee (Attachment A) and
a Summary of Affordable Housing Transformational Task Force Vote and Updated
Recommendation Language (Attachment B).

09:10:06 AM

Mr. Bornstein responded
to questions from committee members. There was a discussion about
recommendations in categories A, revolving loan fund, and C, nonprofit
local government grants.

09:11:16 AM

Director Alison George,
Department of Local Affairs (DOLA), Division of Housing, indicated that
the department recently learned that loans cannot be made to local governments
due to the Taxpayer's Bill of Rights (TABOR) restrictions.

Overview of Funding Recommendations - Committee Discussion Only

Colorado General Assembly