Colorado HB1161 provides supplemental appropriations to the Department of Local Affairs for fiscal year 2025, including funds for housing assistance.

Colorado HB1161 allocates additional funds to the Department of Local Affairs for the fiscal year beginning July 1, 2025. The bill includes appropriations for state-funded rental assistance for various populations transitioning from different care facilities and the criminal justice system. It also provides funding for the Colorado Main Street Program and the administration of affordable housing construction grants and loans. The bill emphasizes the importance of retaining lease payment revenues to cover potential liabilities and costs related to the Moffat Tunnel Improvement District.

Colorado HB1161 provides supplemental appropriations to the Department of Local Affairs for fiscal year 2025, including funds for housing assistance.

Colorado HB1161 allocates additional funds to the Department of Local Affairs for the fiscal year beginning July 1, 2025. The bill includes appropriations for state-funded rental assistance for various populations transitioning from different care facilities and the criminal justice system. It also provides funding for the Colorado Main Street Program and the administration of affordable housing construction grants and loans. The bill emphasizes the importance of retaining lease payment revenues to cover potential liabilities and costs related to the Moffat Tunnel Improvement District.