Colorado SB001 allows county boards to use general fund money for workforce housing and expands tax credit eligibility.
Colorado SB001 amends state statutes to allow county boards of commissioners to use general fund money for workforce housing and for multijurisdictional or other housing authorities. The bill also expands the middle-income housing tax credit to include transferees who do not own an interest in a qualified development. This change allows more entities to claim the credit, potentially increasing housing development incentives. The bill takes effect January 1, 2027.
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