Bill Summary for Bill Number HB09-1213

Date: 04/02/2009

Final
BILL SUMMARY for HB09-1213

SENATE COMMITTEE ON LOCAL GOVERNMENT AND ENERGY

Votes: View-->	Action Taken:
Moved Amendment L. 008. The motion passed without Moved Amendment L. 009, as amended by a conceptual Moved to refer House Bill 09-1213 to the Committee	Pass Without Objection Pass Without Objection PASS

11:00 AM -- House Bill 09-1213

The committee returned from recess. Senator Schwartz, sponsor, described the provision of House Bill 09-1213 that creates the Housing Development Grant Fund to be administered by the Division of Housing in the Department of Local Affairs. The fund consists of any moneys appropriated to the Colorado Affordable Housing Construction Grants and Loan Program by the General Assembly, all moneys collected by the division for purposes of the act from federal grants, and other contributions, grants, gifts, bequests, and donations received. Moneys in the fund are continuously appropriated to the division. Upon approval by the State Housing Board, the bill authorizes the Division of Housing to make grants or loans to improve, preserve, or expand the supply of affordable housing and to finance foreclosure prevention activities in Colorado. She also distributed Amendment L. 008 (Attachment A) and Amendment L. 009 (Attachment B).

The following persons testified on the bill:

11:04 AM -- Bruce Eisenhauer, Deputy Director, Colorado Department of Local Affairs (DOLA), spoke in support of the bill and described the Colorado Affordable Housing Construction Grant and Loan Program that is administered by the department. He also spoke in support of Amendment L. 008 and Amendment L. 009 and responded to questions from the committee about loans issued by the department to private entities.

11:12 AM -- Artie Lehl, Adams County Housing Authority, spoke in support of the bill and described the services provided by his organization.

11:15 AM -- Joyce Alms Ransford, Rocky Mountain Housing Development Corporation, spoke in support of the bill and identified affordable housing projects that were constructed by her organization using "gap" funding from DOLA. She also responded to questions about the energy efficiency levels of the housing that is built by her organization.

11:22 AM -- Kathi Williams, DOLA Division of Housing, spoke in support of the bill and described the effect of the financial crisis on funding for certain projects. She also responded to questions about the Amendment L. 008.

11:28 AM -- Alana Smart, Housing Colorado, spoke in support of the bill and described how DOLA leverages state moneys to increase the money available for affordable housing. She also spoke in support of Amendment L. 008.

11:30 AM

Bob Lackner, Office of Legislative Legal Service, responded to questions about a proposed amendment to Amendment L. 009.

11:31 AM -- Mr. Eisenhauer returned to answer questions about a proposed amendment to Amendment L. 009 that specifies the requirement to seek replacement loans under the amendment applies in cases where the Division of Housing is the primary lender on a loan.

11:33 AM

Senator Schwartz closed her remarks on the bill.


BILL:	HB09-1213
TIME:	11:33:49 AM
MOVED:	Schwartz
MOTION:	Moved Amendment L. 008. The motion passed without objection.
SECONDED:
		VOTE
	Cadman	Excused
	Hodge
	Kester
	Lundberg
	Newell
	Foster
	Schwartz

Not Final YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:	HB09-1213
TIME:	11:34:58 AM
MOVED:	Schwartz
MOTION:	Moved Amendment L. 009, as amended by a conceptual amendment that specifies the requirement to seek replacement loans applies in cases where the Division of Housing is the primary lender on a loan. The motion passed without objection.
SECONDED:
		VOTE
	Cadman	Excused
	Hodge
	Kester
	Lundberg
	Newell
	Foster
	Schwartz

Not Final YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:	HB09-1213
TIME:	11:36:24 AM
MOVED:	Schwartz
MOTION:	Moved to refer House Bill 09-1213 to the Committee of the Whole, as amended, and with a recommendation that the bill be added to the consent calendar. The motion passed on a vote of 6 to 0.
SECONDED:
		VOTE
	Cadman	Excused
	Hodge	Yes
	Kester	Yes
	Lundberg	Yes
	Newell	Yes
	Foster	Yes
	Schwartz	Yes

Not Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS

11:37 AM

The meeting adjourned.