Date: 01/22/2014

Final
BILL SUMMARY for HB14-1017

HOUSE COMMITTEE ON LOCAL GOVERNMENT

Votes: View--> Action Taken:
Adopt amendment L.002. The motion passed without o
Refer House Bill 14-1017, as amended, to the Commi		Pass Without Objection
PASS



02:32 PM -- HB14-1017

The committee recessed.


02:41 PM

The committee reconvened. Representative Duran, the bill sponsor, presented HB 14-1017 concerning measures to expand the availability of affordable housing in the state, and, in connection therewith, making modifications to statutory provisions establishing the housing investment trust fund, the housing development grant fund, and the low-income housing tax credit. Representative Duran distributed amendment L.002 (Attachment C). She discussed the tax credit to provide an incentive to developers and the economic benefits of a public and private partnership.

14HseLocal0122AttachC.pdf14HseLocal0122AttachC.pdf

The committee discussed the need for affordable housing and the impact on the lives of individuals who lack affordable housing. Representative Duran discussed the need to increase the access of reasonably priced homes.


02:54 PM

The committee discussed current funding needs for affordable housing. Representative Duran discussed an increase in the need of affordable housing due to the impact of natural disasters in 2013.

The committee discussed amendment L.002.


03:04 PM

Representative Vigil discussed individuals in the service industry impacted in areas with a high cost of living.

Representative Singer discussed the impact of the floods on affordable homes. Representative Duran discussed funds and incentives that will be made available by the bill for affordable housing construction. Representative Rosenthal asked for clarification on the prioritization of funding options in local communities.

03:13 PM -- Cris White, the Executive Director of the Colorado Housing and Finance Authority (CHFA), spoke in favor of the bill. He discussed the CHFA tax credit process and the lack of funding for affordable housing in areas of need and the need for further resources. Mr. White answered questions from the committee concerning the urban and rural makeup of affordable housing residents and areas impacted by flooding. He answered questions from the committee members concerning the federal tax credit program and prioritization for needs.


03:27 PM

The committee discussed historical needs of affordable housing in relation to current needs.


03:30 PM -- Ismael Guerrero, representing the Denver Housing Authority, spoke in favor of the bill. Mr. Guerrero spoke on Denver Housing Authority programs and the increase of housing assistance needs. He discussed the increase of poverty in the suburbs and rural areas. Mr. Guerrero spoke on the importance of private sector investments to provide more affordable housing options.

03:34 PM -- Corrine Fowler, representing Colorado Progressive Coalition, spoke in support of the bill. She said that affordable housing is an economic justice issue. Ms. Fowler discussed the limited funding options for local housing authorities.

03:41 PM -- Pat Colye, Director of the Colorado Division of Housing, Department of Local Affairs, spoke in favor of the bill. He discussed the Housing Trust Fund and rental assistance options. Director Coyle said that the gap between supply and demand is increasing every year and that the bill will help refurbish dilapidated properties and construct new homes.

03:49 PM -- David Zucker, Chair of the State Housing Board, spoke in favor of the bill. He said that the bill will allow the state to respond to changing markets and housing needs.

03:51 PM -- Sara Reynolds, representing Housing Colorado, spoke in favor of the bill. She discussed the positive impact affordable housing has on individuals.

03:54 PM -- Meghan Storrie, representing the Colorado Municipal League, spoke in favor of the bill.

03:55 PM -- Brad Wood, representing Colorado Impact, spoke in favor of the bill. Mr. Wood provided a handout to the committee concerning the availability of affordable housing (Attachment D). He discussed the burden of rent on individuals.

14HseLocal0122AttachD.pdf14HseLocal0122AttachD.pdf

03:58 PM -- Amy Miller, Colorado Coalition Against Domestic Violence, spoke in favor of the bill. Ms. Miller said that sustainable and affordable housing options are important for providing safe spaces to victims of domestic violence.


04:04 PM

Representative Duran summarized and discussed amendment L.002.

Director Coyle was called back to the table. He answered questions from the committee concerning funding resources for the Division of Housing. He addressed federal funding limitations and said that the state oversight board would have the power to address rates of moneys transferred to the fund.
BILL:HB14-1017
TIME: 04:11:03 PM
MOVED:Lebsock
MOTION:Adopt amendment L.002. The motion passed without objection.
SECONDED:Rosenthal
VOTE
Dore
Exum
Garcia
Gardner
Landgraf
Lebsock
Navarro
Rankin
Rosenthal
Vigil
Wright
Singer
Fields
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:HB14-1017
TIME: 04:11:35 PM
MOVED:Lebsock
MOTION:Refer House Bill 14-1017, as amended, to the Committee on Finance. The motion passed on a vote of 7-4.
SECONDED:Rosenthal
VOTE
Dore
No
Exum
Yes
Garcia
Yes
Gardner
Excused
Landgraf
Excused
Lebsock
Yes
Navarro
No
Rankin
No
Rosenthal
Yes
Vigil
Yes
Wright
No
Singer
Yes
Fields
Yes
FINAL YES: 7 NO: 4 EXC: 2 ABS: 0 FINAL ACTION: PASS



04:16 PM

The committee adjourned.