Bill Summary for Bill Number HB05-1331

Final
BILL SUMMARY for HB05-1331

HOUSE COMMITTEE ON LOCAL GOVERNMENT

Votes:

Action Taken:

Moved Amendment L. 003. The motion passed without
Moved to refer HB 05-1331 to the Committee of the

Pass Without Objection
PASS

01:38 PM -- House Bill 05-1331

Representative Boyd, sponsor, described the provisions of HB05-1331 concerning the home investment fund that will help provide more affordable loans for housing. She also distributed Amendment L. 003 (Attachment A).

The following persons testified on the bill:

01:44 PM -- Britta Fisher, Colorado Housing Investment Fund Coalition, spoke in support of the bill and explained that the coalition is working to identify potential funding sources for affordable housing (Attachment B).

01:50 PM -- Ken Hoagland, Community Capital Corporation, spoke in support of the bill and described affordable housing programs in other states. He also described the potential economic benefits from an affordable housing program.

01:56 PM -- Bill Meyers, Sierra Club, spoke in support of the bill and identified potential environmental benefits from an affordable housing program.

01:59 PM -- Heidi Greer Mosher, Colorado Association of Realtors, spoke in opposition to the bill and explained that the Governor created a Blue Ribbon Panel on Affordable Housing that is still meeting and has not reported its recommendations. Also, the bill does not include funding.

02:01 PM -- Kathy Glatz, representing herself, spoke in support of the bill.

02:03 PM -- Megan Pfanstiel, Colorado Manufactured Housing Association, spoke in support of the bill.

02:04 PM

Testimony ended and Representative Boyd responded to prior testimony.


BILL:	HB05-1331
TIME:	02:05:53 PM
MOVED:	Lindstrom
MOTION:	Moved Amendment L. 003. The motion passed without objection
SECONDED:	Cerbo
		VOTE
	Berens
	Cerbo
	Curry
	Decker
	May M.
	Merrifield	Absent
	Soper
	Sullivan
	Welker
	Lindstrom
	Hodge
Not Final YES: 0 NO: 0 EXC: 0 ABS: 1 FINAL ACTION: Pass Without Objection

02:09 PM -- Kathy Williams, Colorado Division of Housing, responded to questions from the committee and described the charge and membership of the Governor's Blue Ribbon Panel on Affordable Housing. She also explained that the Governor is opposed to a tax increase to pay for affordable housing.


BILL:	HB05-1331
TIME:	02:19:56 PM
MOVED:	Curry
MOTION:	Moved to refer HB 05-1331 to the Committee of the Whole, as amended. The motion passed on a vote of 7-4.
SECONDED:	Lindstrom
		VOTE
	Berens	No
	Cerbo	Yes
	Curry	Yes
	Decker	No
	May M.	No
	Merrifield	Yes
	Soper	Yes
	Sullivan	Yes
	Welker	No
	Lindstrom	Yes
	Hodge	Yes
Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS