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May 16, 2019

Gov. Polis To Sign HB19-1228 Into Law on Friday, May 17

On Friday, May 17, Gov. Jared Polis will sign HB19-1228, increasing the amount of state Affordable Housing Tax Credits available for annual allocation from $5 million to $10 million for 2020-2024. 

About the state Affordable Housing Tax Credit (AHTC)
The state AHTC program incentivizes private-sector investment in the development and preservation of affordable rental housing. Since renewed in 2015, it has enabled the development of 4,796 affordable apartments and is estimated to generate over $1.9 billion in economic impact in Colorado.

Please contact Jerilynn Martinez for more information.

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