Colorado SB139 establishes a program to provide financial assistance for workforce housing for teachers and school staff.
Colorado SB139, the "Building Excellent Teacher and Employee Residences Act" (BETER), creates a new school district financing opportunity for the development of housing for teachers and other school district and public school staff. The bill allows school districts to acquire, construct, improve, own, operate, lease, and lease-purchase workforce housing. It also allows school districts to issue bonds and enter into contracts to finance workforce housing.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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