​January 29, 2018

State Low Income Housing Tax Credit Extension Bill
(SB18-007) Approved by Senate Finance Committee

Last week, Senate Bill 18-007 passed its first hurdle. This bill, which would extend Colorado's existing state LIHTC program to 2024 and change its name to the Colorado Affordable Housing Tax Credit program, was heard in Senate Finance Committee on Tuesday, January 23 and advanced on a 3-2 vote with Senators Jack Tate (R), Lois Court (D), and Cheri Jahn (U) voting yes, and Senators Tim Neville (R) and Jim Smallwood (R) voting no. The bill will be heard next in Senate Appropriations Committee. The specific hearing date in Senate Appropriations has not yet been set.

Much appreciation to  bill sponsors Sen. Jack Tate, Sen. Lucia Guzman, Speaker Crisanta Duran, and Rep. Jon Becker. 

Organizations in Support of Extending Colorado's Affordable Housing Tax Credit program

Advantage Capital

Affordable Housing Ventures, LLC

City of Aurora

City of Boulder

Colorado Apartment Association

Colorado Association of Home Builders (CAHB)

Colorado Association of Realtors (CAR)

Colorado Bankers Association (CBA)

Colorado Coalition for the Homeless (CCH)

Colorado Competitive Council (C3)

Colorado Counties, Inc. (CCI)

Colorado Mortgage Lenders Association (CMLA)

Colorado Municipal League (CML)

Colorado NAHRO

ComCap Management

Community Housing Partners

Counties & Commissioners Acting Together (CCAT)

Denver Metro Chamber of Commerce

Denver Regional Council of Governments (DRCOG)

Dwelling Development, LLC

Economic Development Council of Colorado (EDCC)

Gorman & Company, LLC

Hope Communities, Inc.

Housing Authority of the City and County of Denver (DHA)

Housing Authority of the City of Pueblo

Housing Colorado

Jefferson County Housing Authority

Loveland Housing Authority

Metro West Housing Solutions

Pro 15

Raise Homes, LLC

Summit Housing Group, Inc.

Sugar Creek Capital

Volunteers of America

Wazee Partners, LLC

Join our coalition in support of SB 18 -007. Click here to add your organization's name.