Colorado HB1206 aims to improve funding for housing development by authorizing housing authorities to collect sales, sales and use, and property.
Colorado HB1206 seeks to address the state's severe housing supply shortfall by empowering city and county housing authorities to levy sales, sales and use, and property taxes. The bill allows housing authorities to collect these taxes if approved by voters, with specific rate limits and conditions. The revenue generated will support housing-focused projects, aiming to expand the supply of deeply affordable housing.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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