Colorado 2022 Regular Session

Colorado House Bill HB1304 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	Second Regular Session
	2	+	Seventy-third General Assembly
	3	+	STATE OF COLORADO
	4	+	REREVISED
	5	+	This Version Includes All Amendments
	6	+	Adopted in the Second House
	7	+	LLS NO. 22-0811.01 Bob Lackner x4350
1	8		HOUSE BILL 22-1304
2		-	BY REPRESENTATIVE(S) Roberts and Bradfield, Jodeh, Woodrow,
3		-	Amabile, Bacon, Bernett, Bird, Boesenecker, Cutter, Daugherty, Esgar,
4		-	Exum, Froelich, Gonzales-Gutierrez, Gray, Herod, Hooton, Kennedy, Kipp,
5		-	Lindsay, Lontine, McCluskie, McCormick, McLachlan, Michaelson Jenet,
6		-	Mullica, Ortiz, Ricks, Sirota, Snyder, Sullivan, Tipper, Titone, Valdez A.,
7		-	Valdez D., Weissman, Young, Garnett;
8		-	also SENATOR(S) Coleman and Gonzales, Bridges, Buckner, Danielson,
9		-	Donovan, Fields, Ginal, Hansen, Jaquez Lewis, Kolker, Lee, Moreno,
10		-	Pettersen, Rodriguez, Story, Winter, Zenzinger, Fenberg.
	9	+	House Committees Senate Committees
	10	+	Transportation & Local Government Local Government
	11	+	Appropriations Appropriations
	12	+	A BILL FOR AN ACT
11	13		C
12		-	ONCERNING STATE GRANTS FOR INVESTMENTS IN AFFORDABLE HOUSING AT
13		-	THE LOCAL LEVEL
14		-	, AND, IN CONNECTION THEREWITH, CREATING THE
15		-	LOCAL INVESTMENTS IN TRANSFORMATIONAL AFFORDABLE HOUSING
16		-	GRANT PROGRAM AND THE INFRASTRUCTURE AND STRONG
17		-	COMMUNITIES GRANT PROGRAM TO INVEST IN INFILL
18		-	INFRASTRUCTURE PROJECTS THAT SUPPORT AFFORDABLE HOUSING
19		-	,
20		-	AND MAKING AN APPROPRIATION .
21		-	Be it enacted by the General Assembly of the State of Colorado:
22		-	SECTION 1. Legislative declaration - intent - definitions.
23		-	(1) The general assembly hereby finds, determines, and declares that:
24		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
25		-	officers and the Governor. To determine whether the Governor has signed the bill
26		-	or taken other action on it, please consult the legislative status sheet, the legislative
27		-	history, or the Session Laws.
28		-	________
29		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
30		-	through words or numbers indicate deletions from existing law and such material is not part of
31		-	the act. (a) Though it has been exacerbated by the COVID-19 pandemic, the
32		-	housing crisis that Colorado faces is not new. For decades, the lack of
33		-	affordable housing has upended the lives of thousands who face
34		-	homelessness in the Denver metropolitan area and across the state, shuttered
35		-	Colorado businesses, hindered working-class employment because of a lack
36		-	of workforce housing, and exacerbated inequities for communities of color.
37		-	(b) Currently, Colorado has a shortage of nearly 121,000 affordable
38		-	rental units, and the Colorado housing and finance authority reports that
39		-	nearly half of all Colorado renters are considered cost burdened, with an
40		-	additional 24% being severely cost burdened. The average home price in the
41		-	state increased 130% from 2011 to 2021. Statewide, the median price
42		-	increased an additional 7% from January to February 2022 and the median
43		-	price is now $555,540, a 90% increase over March 2021. The town home
44		-	and condominium market also reached a new pricing level in February 2022
45		-	and now stands at $402,390, which is an increase of 17% from February
46		-	2021. Six out of ten Colorado households are unable to afford the average
47		-	priced home. As used in this section, "cost-burdened" means that more than
48		-	30% percent of a household's monthly income is expended on housing and
49		-	"severely cost-burdened means" that more than 50% of a household's
50		-	monthly income is expended on housing.
51		-	(c) On March 11, 2021, the federal government enacted the
52		-	"American Rescue Plan Act of 2021", Pub.L. 117-2, referred to in this
53		-	section as "ARPA", pursuant to which Colorado has received
54		-	$3,828,761,790 from the federal coronavirus state fiscal recovery fund,
55		-	referred to in this section as the "SFRF", to be used for certain specified
56		-	purposes;
57		-	(d) These specified purposes include providing programs, services,
58		-	or other assistance for populations disproportionately impacted by the
59		-	COVID-19 pandemic;
60		-	(e) More specifically, federal regulations and guidance construing
61		-	dictating allocation of the SFRF promulgated by the United States treasury
62		-	identify a nonexclusive list of uses that address the disproportionate
63		-	negative economic effects of the COVID-19 pandemic, including building
64		-	stronger communities through investments in housing and neighborhoods.
65		-	Services in this category alleviate the immediate economic impact of the
66		-	PAGE 2-HOUSE BILL 22-1304 COVID-19 pandemic on housing insecurity while addressing conditions
67		-	that contributed to poor public health and economic outcomes during the
68		-	pandemic, namely concentrated areas with limited economic opportunity
69		-	and inadequate or poor quality housing.
70		-	(f) Under these regulations, SFRF money may be used for programs
71		-	or services that address housing insecurity, lack of affordable and workforce
72		-	housing, or homelessness, including:
73		-	(I) Supportive housing or other programs or services to improve
74		-	access to stable, affordable housing among unhoused individuals;
75		-	(II) The development of affordable housing to increase the supply
76		-	of affordable housing units that are livable, vibrant, and driven by
77		-	community benefits; and
78		-	(III) Housing vouchers and assistance to allow individuals to
79		-	relocate in neighborhoods with high levels of economic opportunity and to
80		-	reduce concentrated areas of low economic opportunity;
81		-	(g) In addition to enumerated uses, the SFRF regulations allow for
82		-	funds categorized as revenue replacement to be used for government
83		-	services;
84		-	(h) In House Bill 21-1329, enacted in 2021, the general assembly
85		-	created the affordable housing task force, referred to in this section as the
86		-	"task force", to develop recommendations to take advantage of this
87		-	once-in-a-lifetime spending opportunity presented by ARPA to bring
88		-	transformative policies to Colorado's housing sector that will provide
89		-	immediate, sweeping, and long-lasting change. ARPA provided the impetus
90		-	to bring together the legislative and executive branches of state government,
91		-	as well as a diverse group of stakeholders made up of affordable housing
92		-	practitioners and experts, to tackle the affordable housing crisis and
93		-	determine which investments would make the biggest impact. The
94		-	16-member task force was made up of a bipartisan group of ten members
95		-	of the general assembly and six agency directors. A 15-member subpanel
96		-	of diverse affordable housing experts was also appointed to advise the task
97		-	force. The task force and subpanel undertook a deliberative, iterative, and
98		-	transparent process. Ultimately, the task force came to near unanimous
99		-	consensus on its funding recommendations and allocations, as well as broad
100		-	PAGE 3-HOUSE BILL 22-1304 agreement on several policy concepts.
101		-	(i) The recommendations of the task force are intended to take
102		-	advantage of this once-in-a-lifetime funding opportunity, specifically, a
103		-	one-time investment of $400 million, to institute transformational housing
104		-	policies and programs that will allow the state to better meet the challenge
105		-	of providing affordable housing, from addressing homelessness to
106		-	supporting housing for Colorado's workforce; and
107		-	(j) The recommendations made by the task force will not solve
108		-	Colorado's affordable housing crisis completely but will be a
109		-	transformational step forward in achieving that objective. Once
110		-	implemented at the local level across the state, these policies will make
111		-	significant strides in increasing access to flexible capital sources, fostering
112		-	innovation, strengthening the social safety net, enhancing market stability,
113		-	and ultimately promoting more broad and equitable ownership and rental
114		-	housing for Coloradans in every corner of the state. These investments will
115		-	result in more affordable housing being built across the state and will help
116		-	to maintain existing housing stock that is at risk of becoming unsafe or
117		-	unaffordable. The recommendations will help reduce disparities and address
118		-	homelessness and will assist many Coloradans in purchasing homes that
119		-	were previously out of financial reach, which will help build
120		-	intergenerational wealth across the state.
121		-	(2) The general assembly further finds, determines, and declares that
122		-	the programs and services funded by the transfers in this act are appropriate
123		-	uses of the money transferred to Colorado under the SFRF and subsequently
124		-	transferred into the affordable housing and home ownership cash fund
125		-	created in section 24-75-229 (3)(a), C.R.S. This money will be put to
126		-	expeditious and efficient use in building stronger communities across the
127		-	state by making grants to community partners and local governments across
128		-	the state to assist these entities in making investments in housing for
129		-	populations, households, or geographic areas disproportionately affected by
130		-	the COVID-19 pandemic.
131		-	(3) By this act, the general assembly is focusing a portion of the
132		-	SFRF money that it has received from the federal government to begin to
133		-	ameliorate the affordable housing crisis in Colorado by creating and
134		-	administering a program to provide direct, flexible, and timely grant
135		-	funding to community-based nonprofit organizations and local governments
136		-	PAGE 4-HOUSE BILL 22-1304 that have or are pursuing measures to facilitate affordable housing
137		-	development or the purchase of land or buildings for and the development
138		-	of supportive, rental, transitional, and for-sale housing targeted at
139		-	populations and communities disproportionately impacted by the
140		-	COVID-19 pandemic.
141		-	(4) The general assembly intends that the grants made under this act
142		-	will be made to community-based and nonprofit organizations for housing
143		-	navigation and rehousing support, timely deployment of assistance, and
144		-	technical and legal assistance. The general assembly intends that funds
145		-	should be made available to local and regional groups and governments to
146		-	be used for a variety of needs as specified in this act.
147		-	(5) The general assembly additionally intends that the grant program
148		-	ensure flexibility of funding that will allow for operating grants to be made
149		-	to community-based nonprofit organizations and qualified local
150		-	governments, particularly in small, rural, and mountain resort communities
151		-	that can best meet their own development needs.
152		-	(6) The potential uses of SFRF money directed by this act are in
153		-	alignment with the priority articulated by the governor and legislators
154		-	representing both major political parties of investing in strong communities.
155		-	Such potential uses include funding for local infill infrastructure needs to
156		-	help support and catalyze affordable housing development and further
157		-	Colorado's sustainable development patterns, provide community benefits,
158		-	ensure multimodal connectivity, reduce greenhouse gas emissions,
159		-	strengthen social and environmental equity, and improve quality of life and
160		-	community resilience.
161		-	(7) The general assembly further intends that the structure of
162		-	funding criteria for the grant program created by this act encourage the use
163		-	of public policies that allow for the development of affordable housing on
164		-	a local basis congruent with local needs and conditions. To achieve the
165		-	greatest transformation possible, funding criteria should also aim to support
166		-	and promote the leveraging of local funding resources. When appropriate,
167		-	such funds should be aligned with loan funds from other public and private
168		-	sources and priority should be given to projects that significantly leverage
169		-	other funding sources. As part of the assistance provided by this act, the
170		-	general assembly intends that additional funds be directed to eviction legal
171		-	defense, given the ongoing challenges of evictions caused by the
172		-	PAGE 5-HOUSE BILL 22-1304 COVID-19 pandemic.
173		-	(8) The general assembly further declares that the programs and
174		-	services described in this act are important government services.
175		-	SECTION 2. In Colorado Revised Statutes, add 24-32-729 as
176		-	follows:
177		-	24-32-729. Transformational affordable housing through local
178		-	investments - grant program - investments eligible for funding - report
179		-	- definitions - repeal. (1) Definitions. A
180		-	S USED IN THIS SECTION, UNLESS
181		-	THE CONTEXT OTHERWISE REQUIRES
182		-	:
183		-	(a) "C
184		-	OMMUNITY PARTNER " MEANS A NONPROFIT ORGANIZATION
185		-	THAT UNDERTAKES ANY OF THE ACTIVITIES OR SERVICES DESCRIBED IN
186		-	SUBSECTION
187		-	(2)(b) OF THIS SECTION.
	14	+	ONCERNING STATE GRANTS FOR INVESTMENTS IN AFFORDABLE101
	15	+	HOUSING AT THE LOCAL LEVEL , AND, IN CONNECTION102
	16	+	THEREWITH, CREATING THE LOCAL INVESTMENTS IN103
	17	+	TRANSFORMATIONAL AFFORDABLE HOUSING GRANT PROGRAM104
	18	+	AND THE INFRASTRUCTURE AND ST RONG COMMUNITIES GRANT105
	19	+	PROGRAM TO INVEST IN INFILL INFRASTRUCTURE PROJECTS106
	20	+	THAT SUPPORT AFFORDABLE
	21	+	HOUSING, AND MAKING AN107
	22	+	APPROPRIATION.108
	23	+	Bill Summary
	24	+	(Note: This summary applies to this bill as introduced and does
	25	+	not reflect any amendments that may be subsequently adopted. If this bill
	26	+	passes third reading in the house of introduction, a bill summary that
	27	+	applies to the reengrossed version of this bill will be available at
	28	+	SENATE
	29	+	3rd Reading Unamended
	30	+	May 5, 2022
	31	+	SENATE
	32	+	Amended 2nd Reading
	33	+	May 4, 2022
	34	+	HOUSE
	35	+	3rd Reading Unamended
	36	+	April 20, 2022
	37	+	HOUSE
	38	+	Amended 2nd Reading
	39	+	April 14, 2022
	40	+	HOUSE SPONSORSHIP
	41	+	Roberts and Bradfield, Jodeh, Woodrow, Amabile, Bacon, Bernett, Bird, Boesenecker,
	42	+	Cutter, Daugherty, Esgar, Exum, Froelich, Garnett, Gonzales-Gutierrez, Gray, Herod, Hooton,
	43	+	Kennedy, Kipp, Lindsay, Lontine, McCluskie, McCormick, McLachlan, Michaelson Jenet,
	44	+	Mullica, Ortiz, Ricks, Sirota, Snyder, Sullivan, Tipper, Titone, Valdez A., Valdez D.,
	45	+	Weissman, Young
	46	+	SENATE SPONSORSHIP
	47	+	Coleman and Gonzales, Bridges, Buckner, Danielson, Donovan, Fenberg, Fields, Ginal,
	48	+	Hansen, Jaquez Lewis, Kolker, Lee, Moreno, Pettersen, Rodriguez, Story, Winter, Zenzinger
	49	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	50	+	Capital letters or bold & italic numbers indicate new material to be added to existing statute.
	51	+	Dashes through the words indicate deletions from existing statute. http://leg.colorado.gov/.)
	52	+	The bill creates 2 state grant programs:
	53	+	! The local investments in transformational affordable
	54	+	housing grant program (affordable housing grant program),
	55	+	administered by the division of housing (DOH) in the
	56	+	department of local affairs (department); and
	57	+	! The infrastructure and strong communities grant program
	58	+	(strong communities grant program), administered by the
	59	+	division of local government (DLG) in the department.
	60	+	The affordable housing grant program provides grants to local
	61	+	governments and nonprofit organizations to enable such entities to make
	62	+	investments in their communities or regions of the state in
	63	+	transformational affordable housing and housing related matters. The
	64	+	strong communities grant program provides grants to eligible local
	65	+	governments to enable local governments to invest in infill infrastructure
	66	+	projects that support affordable housing.
	67	+	The strong communities grant program portion of the bill requires
	68	+	a multi-agency group, comprised of DLG, the state energy office, and the
	69	+	department of transportation, with the assistance of stakeholders, to
	70	+	develop a list of sustainable land use best practices that will accomplish
	71	+	the goals of the grant program and improve a local government's viability
	72	+	in being considered for a grant award.
	73	+	The bill requires both DOH and DLG to develop policies,
	74	+	procedures, and guidelines governing the administration of the respective
	75	+	grant programs. The bill specifies how grant funding is to be prioritized
	76	+	and eligible uses of grant money awarded under the grant programs.
	77	+	The bill creates 2 funds in the state treasury: The local investments
	78	+	in transformational affordable housing fund and the infrastructure and
	79	+	strong communities grant program fund. The bill specifies requirements
	80	+	pertaining to the administration of these funds.
	81	+	Both funds are initially supported with a transfer of a specified
	82	+	amount of money from different funds.
	83	+	Both grant programs are subject to reporting requirements
	84	+	specified in the bill, and both grant programs are repealed by a date
	85	+	specified in the bill.
	86	+	Be it enacted by the General Assembly of the State of Colorado:1
	87	+	SECTION 1. Legislative declaration - intent - definitions.2
	88	+	(1) The general assembly hereby finds, determines, and declares that:3
	89	+	(a) Though it has been exacerbated by the COVID-19 pandemic,4
	90	+	1304-2- the housing crisis that Colorado faces is not new. For decades, the lack of1
	91	+	affordable housing has upended the lives of thousands who face2
	92	+	homelessness in the Denver metropolitan area and across the state,3
	93	+	shuttered Colorado businesses, hindered working-class employment4
	94	+	because of a lack of workforce housing, and exacerbated inequities for5
	95	+	communities of color.6
	96	+	(b) Currently, Colorado has a shortage of nearly 121,0007
	97	+	affordable rental units, and the Colorado housing and finance authority8
	98	+	reports that nearly half of all Colorado renters are considered cost9
	99	+	burdened, with an additional 24% being severely cost burdened. The10
	100	+	average home price in the state increased 130% from 2011 to 2021.11
	101	+	Statewide, the median price increased an additional 7% from January to12
	102	+	February 2022 and the median price is now $555,540, a 90% increase13
	103	+	over March 2021. The town home and condominium market also reached14
	104	+	a new pricing level in February 2022 and now stands at $402,390, which15
	105	+	is an increase of 17% from February 2021. Six out of ten Colorado16
	106	+	households are unable to afford the average priced home. As used in this17
	107	+	section, "cost-burdened" means that more than 30% percent of a18
	108	+	household's monthly income is expended on housing and "severely19
	109	+	cost-burdened means" that more than 50% of a household's monthly20
	110	+	income is expended on housing.21
	111	+	(c) On March 11, 2021, the federal government enacted the22
	112	+	"American Rescue Plan Act of 2021", Pub.L. 117-2, referred to in this23
	113	+	section as "ARPA", pursuant to which Colorado has received24
	114	+	$3,828,761,790 from the federal coronavirus state fiscal recovery fund,25
	115	+	referred to in this section as the "SFRF", to be used for certain specified26
	116	+	purposes;27
	117	+	1304
	118	+	-3- (d) These specified purposes include providing programs,1
	119	+	services, or other assistance for populations disproportionately impacted2
	120	+	by the COVID-19 pandemic;3
	121	+	(e) More specifically, federal regulations and guidance construing4
	122	+	dictating allocation of the SFRF promulgated by the United States5
	123	+	treasury identify a nonexclusive list of uses that address the6
	124	+	disproportionate negative economic effects of the COVID-19 pandemic,7
	125	+	including building stronger communities through investments in housing8
	126	+	and neighborhoods. Services in this category alleviate the immediate9
	127	+	economic impact of the COVID-19 pandemic on housing insecurity while10
	128	+	addressing conditions that contributed to poor public health and economic11
	129	+	outcomes during the pandemic, namely concentrated areas with limited12
	130	+	economic opportunity and inadequate or poor quality housing.13
	131	+	(f) Under these regulations, SFRF money may be used for14
	132	+	programs or services that address housing insecurity, lack of affordable15
	133	+	and workforce housing, or homelessness, including:16
	134	+	(I) Supportive housing or other programs or services to improve17
	135	+	access to stable, affordable housing among unhoused individuals;18
	136	+	(II) The development of affordable housing to increase the supply19
	137	+	of affordable housing units that are livable, vibrant, and driven by20
	138	+	community benefits; and21
	139	+	(III) Housing vouchers and assistance to allow individuals to22
	140	+	relocate in neighborhoods with high levels of economic opportunity and23
	141	+	to reduce concentrated areas of low economic opportunity;24
	142	+	(g) In addition to enumerated uses, the SFRF regulations allow for25
	143	+	funds categorized as revenue replacement to be used for government26
	144	+	services;27
	145	+	1304
	146	+	-4- (h) In House Bill 21-1329, enacted in 2021, the general assembly1
	147	+	created the affordable housing task force, referred to in this section as the2
	148	+	"task force", to develop recommendations to take advantage of this3
	149	+	once-in-a-lifetime spending opportunity presented by ARPA to bring4
	150	+	transformative policies to Colorado's housing sector that will provide5
	151	+	immediate, sweeping, and long-lasting change. ARPA provided the6
	152	+	impetus to bring together the legislative and executive branches of state7
	153	+	government, as well as a diverse group of stakeholders made up of8
	154	+	affordable housing practitioners and experts, to tackle the affordable9
	155	+	housing crisis and determine which investments would make the biggest10
	156	+	impact. The 16-member task force was made up of a bipartisan group of11
	157	+	ten members of the general assembly and six agency directors. A12
	158	+	15-member subpanel of diverse affordable housing experts was also13
	159	+	appointed to advise the task force. The task force and subpanel undertook14
	160	+	a deliberative, iterative, and transparent process. Ultimately, the task force15
	161	+	came to near unanimous consensus on its funding recommendations and16
	162	+	allocations, as well as broad agreement on several policy concepts.17
	163	+	(i) The recommendations of the task force are intended to take18
	164	+	advantage of this once-in-a-lifetime funding opportunity, specifically, a19
	165	+	one-time investment of $400 million, to institute transformational housing20
	166	+	policies and programs that will allow the state to better meet the challenge21
	167	+	of providing affordable housing, from addressing homelessness to22
	168	+	supporting housing for Colorado's workforce; and23
	169	+	(j) The recommendations made by the task force will not solve24
	170	+	Colorado's affordable housing crisis completely but will be a25
	171	+	transformational step forward in achieving that objective. Once26
	172	+	implemented at the local level across the state, these policies will make27
	173	+	1304
	174	+	-5- significant strides in increasing access to flexible capital sources,1
	175	+	fostering innovation, strengthening the social safety net, enhancing2
	176	+	market stability, and ultimately promoting more broad and equitable3
	177	+	ownership and rental housing for Coloradans in every corner of the state.4
	178	+	These investments will result in more affordable housing being built5
	179	+	across the state and will help to maintain existing housing stock that is at6
	180	+	risk of becoming unsafe or unaffordable. The recommendations will help7
	181	+	reduce disparities and address homelessness and will assist many8
	182	+	Coloradans in purchasing homes that were previously out of financial9
	183	+	reach, which will help build intergenerational wealth across the state.10
	184	+	(2) The general assembly further finds, determines, and declares11
	185	+	that the programs and services funded by the transfers in this act are12
	186	+	appropriate uses of the money transferred to Colorado under the SFRF13
	187	+	and subsequently transferred into the affordable housing and home14
	188	+	ownership cash fund created in section 24-75-229 (3)(a), C.R.S. This15
	189	+	money will be put to expeditious and efficient use in building stronger16
	190	+	communities across the state by making grants to community partners and17
	191	+	local governments across the state to assist these entities in making18
	192	+	investments in housing for populations, households, or geographic areas19
	193	+	disproportionately affected by the COVID-19 pandemic.20
	194	+	(3) By this act, the general assembly is focusing a portion of the21
	195	+	SFRF money that it has received from the federal government to begin to22
	196	+	ameliorate the affordable housing crisis in Colorado by creating and23
	197	+	administering a program to provide direct, flexible, and timely grant24
	198	+	funding to community-based nonprofit organizations and local25
	199	+	governments that have or are pursuing measures to facilitate affordable26
	200	+	housing development or the purchase of land or buildings for and the27
	201	+	1304
	202	+	-6- development of supportive, rental, transitional, and for-sale housing1
	203	+	targeted at populations and communities disproportionately impacted by2
	204	+	the COVID-19 pandemic.3
	205	+	(4) The general assembly intends that the grants made under this4
	206	+	act will be made to community-based and nonprofit organizations for5
	207	+	housing navigation and rehousing support, timely deployment of6
	208	+	assistance, and technical and legal assistance. The general assembly7
	209	+	intends that funds should be made available to local and regional groups8
	210	+	and governments to be used for a variety of needs as specified in this act.9
	211	+	(5) The general assembly additionally intends that the grant10
	212	+	program ensure flexibility of funding that will allow for operating grants11
	213	+	to be made to community-based nonprofit organizations and qualified12
	214	+	local governments, particularly in small, rural, and mountain resort13
	215	+	communities that can best meet their own development needs.14
	216	+	(6) The potential uses of SFRF money directed by this act are in15
	217	+	alignment with the priority articulated by the governor and legislators16
	218	+	representing both major political parties of investing in strong17
	219	+	communities. Such potential uses include funding for local infill18
	220	+	infrastructure needs to help support and catalyze affordable housing19
	221	+	development and further Colorado's sustainable development patterns,20
	222	+	provide community benefits, ensure multimodal connectivity, reduce21
	223	+	greenhouse gas emissions, strengthen social and environmental equity,22
	224	+	and improve quality of life and community resilience.23
	225	+	(7) The general assembly further intends that the structure of24
	226	+	funding criteria for the grant program created by this act encourage the25
	227	+	use of public policies that allow for the development of affordable26
	228	+	housing on a local basis congruent with local needs and conditions. To27
	229	+	1304
	230	+	-7- achieve the greatest transformation possible, funding criteria should also1
	231	+	aim to support and promote the leveraging of local funding resources.2
	232	+	When appropriate, such funds should be aligned with loan funds from3
	233	+	other public and private sources and priority should be given to projects4
	234	+	that significantly leverage other funding sources. As part of the assistance5
	235	+	provided by this act, the general assembly intends that additional funds be6
	236	+	directed to eviction legal defense, given the ongoing challenges of7
	237	+	evictions caused by the COVID-19 pandemic.8
	238	+	(8) The general assembly further declares that the programs and9
	239	+	services described in this act are important government services.10
	240	+	SECTION 2. In Colorado Revised Statutes, add 24-32-726 as11
	241	+	follows:12
	242	+	24-32-726. Transformational affordable housing through local13
	243	+	investments - grant program - investments eligible for funding -14
	244	+	report - definitions - repeal. (1) Definitions. A
	245	+	S USED IN THIS SECTION,15
	246	+	UNLESS THE CONTEXT OTHERWISE REQUIRES :16
	247	+	17
	248	+	(a) "COMMUNITY PARTNER" MEANS A NONPROFIT ORGANIZATION18
	249	+	THAT UNDERTAKES ANY OF THE ACTIVITIES OR SERVICES DESCRIBED IN19
	250	+	SUBSECTION (2)(b) OF THIS SECTION.20
	251	+	(b) "DEPARTMENT" MEANS THE DEPARTMENT OF LOCAL AFFAIRS .21
	252	+	(c) "ELIGIBLE RECIPIENT" MEANS A LOCAL GOVERNMENT OR A22
	253	+	COMMUNITY PARTNER THAT APPLIES FOR A GRANT THROUGH THE GRANT23
	254	+	PROGRAM.24
	255	+	(d) "FUND" MEANS THE LOCAL INVESTMENTS IN25
	256	+	TRANSFORMATIONAL AFFORDABLE HOUSING FUND CREATED IN26
	257	+	SUBSECTION (4)(a) OF THIS SECTION.27
	258	+	1304
	259	+	-8- (e) "GRANT PROGRAM" MEANS THE LOCAL INVESTMENTS IN1
	260	+	TRANSFORMATIONAL AFFORDABLE HOUSING GRANT PROGRAM CREATED2
	261	+	IN SUBSECTION (2)(a) OF THIS SECTION.3
	262	+	(f) "LOCAL GOVERNMENT" MEANS A COUNTY, MUNICIPALITY, CITY4
	263	+	AND COUNTY , TRIBAL GOVERNMENT, SPECIAL DISTRICT ORGANIZED UNDER5
	264	+	TITLE 32, SCHOOL DISTRICT, DISTRICT, HOUSING AUTHORITY, COUNCIL OF6
	265	+	GOVERNMENTS, A REGIONAL PLANNING COMMISSION ORGANIZED UNDER7
	266	+	TITLE 30, OR ANY OTHER POLITICAL SUBDIVISION OF THE STATE .8
	267	+	(g) "MATCH" MEANS MONETARY AND NONMONETARY9
	268	+	CONTRIBUTIONS TO A PROJECT.10
	269	+	11
	270	+	(2) Creation of the grant program - projects or programs12
	271	+	eligible for funding. (a) T
	272	+	HERE IS CREATED IN THE DIVISION THE LOCAL13
	273	+	INVESTMENTS IN TRANSFORMATIONAL AFFORDABLE HOUSING GRANT14
	274	+	PROGRAM TO PROVIDE GRANTS TO ELIGIBLE RECIPIENTS TO ENABLE SUCH15
	275	+	ENTITIES TO MAKE INVESTMENTS IN THEIR COMMUNITIES OR REGIONS OF16
	276	+	THE STATE IN TRANSFORMATIONAL AFFORDABLE HOUSING AND HOUSING17
	277	+	RELATED MATTERS IN ACCORDANCE WITH THE REQUIREMENTS OF THIS18
	278	+	SECTION. THE DIVISION SHALL ADMINISTER THE GRANT PROGRAM .19
	279	+	(b) T
	280	+	HE DIVISION MAY AWARD GRANTS UNDER THE GRANT20
	281	+	PROGRAM TO SUPPORT INVESTMENTS BY ELIGIBLE RECIPIENTS IN PROJECTS21
	282	+	OR PROGRAMS THAT:22
	283	+	(I) D
	284	+	EVELOP AND INTEGRATE INFRASTRUCTURE TIED TO AN23
	285	+	AFFORDABLE HOUSING DEVELOPMENT , INCLUDING FUNDING FOR CAPITAL24
	286	+	CONSTRUCTION AND THE COST OF INFRASTRUCTURE DESIGN ;25
	287	+	(II) P
	288	+	ROVIDE GAP FINANCING FOR HOUSING DEVELOPMENT26
	289	+	PROJECTS INCLUDING BUT NOT LIMITED TO TRANSACTIONS UNDER THE27
	290	+	1304
	291	+	-9- FEDERAL LOW-INCOME HOUSING TAX CREDIT AND THE AFFORDABLE1
	292	+	HOUSING TAX CREDIT CREATED IN SECTION 39-22-2102 (1) AND FOR THE2
	293	+	PURCHASE OR CONVERSION OF EXISTING AFFORDABLE HOUSING AND3
	294	+	MULTI-FAMILY DEVELOPMENTS, LAND, AND BUILDINGS, PARTICULARLY IN4
	295	+	COMMUNITIES WHERE EFFORTS HAVE BEEN MADE TO ENCOURAGE5
	296	+	AFFORDABLE HOUSING DEVELOPMENT OR IN COMMUNITIES IN WHICH LOW6
	297	+	CONCENTRATIONS OF AFFORDABLE HOUSING EXIST ;7
	298	+	(III) INCREASE NEW AFFORDABLE FOR-SALE HOUSING STOCK BY8
	299	+	PROVIDING FUNDING TO ASSIST WITH THE COSTS OF CONSTRUCTION ,9
	300	+	INCLUDING BUT NOT LIMITED TO CONSTRUCTION COSTS , LAND10
	301	+	ACQUISITION COSTS, TAP FEES, BUILDING PERMITS, AND IMPACT FEES;11
	302	+	(IV) MAINTAIN EXISTING AFFORDABLE HOUSING THROUGH12
	303	+	FUNDING FOR PRESERVATION, RESTORATION THROUGH REHABILITATION ,13
	304	+	RETROFITTING, RENOVATION, CAPITAL IMPROVEMENTS, THE REPAIR OF14
	305	+	CURRENT AFFORDABLE HOUSING STOCK , INCLUDING HOUSING MADE15
	306	+	AVAILABLE UNDER 42 U.S.C. SEC. 1437f, AND PUBLIC HOUSING FOR16
	307	+	POPULATIONS AND HOUSEHOLDS DISPROPORTIONATELY IMPACTED BY THE17
	308	+	COVID-19
	309	+	PANDEMIC WITH COMMITMENTS FOR LONG -TERM18
	310	+	AFFORDABILITY. THESE INVESTMENTS MAY INCLUDE BUT ARE NOT LIMITED19
	311	+	TO:20
	312	+	(A) S
	313	+	ENIOR HOUSING;21
	314	+	(B) R
	315	+	EMEDIATION OF LOW-QUALITY AND CONDEMNED PROPERTIES ;22
	316	+	(C) H
	317	+	OUSING
	318	+	UNITS THAT ARE INTEGRATED INTO NONSEGREGATED23
	319	+	HOUSING UNITS THAT ARE SPECIFICALLY DESIGNED FOR PEOPLE LIVING24
	320	+	WITH DISABILITIES;25
	321	+	(D) T
	322	+	HE PURCHASE AND TRANSITION OF CURRENT HOUSING STOCK ,26
	323	+	INCLUDING PROPERTIES CURRENTLY IN USE ON A SHORT -TERM RENTAL27
	324	+	1304
	325	+	-10- BASIS, INTO AFFORDABLE HOUSING ON A LONG -TERM BASIS; AND1
	326	+	(E) T
	327	+	HE PROVISION OF TIME-LIMITED RENTAL ASSISTANCE FOR2
	328	+	HOUSEHOLDS DISPROPORTIONATELY IMPACTED BY THE COVID-193
	329	+	PANDEMIC AND AT-RISK OF LOSING THEIR HOME OR IN NEED OF RAPID4
	330	+	RE-HOUSING, INCLUDING FUNDING FOR OUTREACH, HOUSING NAVIGATION5
	331	+	ASSISTANCE, AND LEGAL
	332	+	SERVICES.6
	333	+	(V) FINANCE ENERGY IMPROVEMENTS IN SINGLE -FAMILY AND7
	334	+	MULTI-FAMILY AFFORDABLE HOUSING THAT WILL PROVIDE FUNDING FOR8
	335	+	INCREMENTAL, UP-FRONT COSTS FOR EFFICIENT, ELECTRIC MEASURES AND9
	336	+	RENEWABLE ENERGY SYSTEMS FOR BOTH EXISTING HOMES AND RENTAL10
	337	+	UNITS AND NEW HOUSING CONSTRUCTION .11
	338	+	(VI) PROVIDE OR MAINTAIN PROPERTY CONVERSION FOR12
	339	+	TRANSITIONAL OR LONG-TERM HOUSING;13
	340	+	(VII) PROVIDE OR MAINTAIN PERMANENT SUPPORTIVE HOUSING14
	341	+	AND SUPPORTIVE SERVICES;15
	342	+	(VIII) PROVIDE OR MAINTAIN LAND BANKING AND LAND TRUST16
	343	+	STRATEGIES FOR LONG-TERM AFFORDABLE HOUSING PLANNING AND17
	344	+	DEVELOPMENT; AND18
	345	+	(IX) PROVIDE OR MAINTAIN FUNDING FOR EVICTION LEGAL19
	346	+	DEFENSE.20
	347	+	(3) Policies, procedures, and guidelines. (a) O
	348	+	N OR BEFORE21
	349	+	S
	350	+	EPTEMBER 1, 2022, THE DIVISION SHALL ADOPT POLICIES, PROCEDURES,22
	351	+	AND GUIDELINES FOR THE GRANT PROGRAM THAT INCLUDE , WITHOUT23
	352	+	LIMITATION:24
	353	+	(I) T
	354	+	HE PROCESS BY WHICH A LOCAL GOVERNMENT OR COMMUNITY25
	355	+	PARTNER APPLIES FOR A GRANT AWARD AND THE CRITERIA USED TO26
	356	+	DETERMINE ELIGIBILITY FOR A GRANT AWARD ;27
	357	+	1304
	358	+	-11- (II) PROCEDURES AND TIME LINES BY WHICH AN ELIGIBLE1
	359	+	RECIPIENT MAY APPLY FOR A GRANT;2
	360	+	(III) P
	361	+	ERFORMANCE CRITERIA FOR GRANT RECIPIENTS ' PROJECTS;3
	362	+	(IV) R
	363	+	EPORTING REQUIREMENTS FOR GRANT RECIPIENTS ; AND4
	364	+	(V) R
	365	+	EQUIREMENTS FOR GRANT RECIPIENTS TO OFFER A MATCH IN5
	366	+	RESOURCES.6
	367	+	(b) I
	368	+	N AWARDING GRANTS , THE DIVISION SHALL
	369	+	PRIORITIZE7
	370	+	PROJECTS OR PROGRAMS THAT , TO THE GREATEST EXTENT PRACTICABLE ,8
	371	+	PROMOTE ONE OR MORE OF THE FOLLOWING GOALS AND OBJECTIVES :9
	372	+	(I) INCREASE THE SUPPLY OF HOUSING IN URBAN, RURAL, AND10
	373	+	RURAL RESORT COMMUNITIES ACROSS THE STATE THAT IS PROPORTIONAL11
	374	+	TO EACH COMMUNITY'S DEMONSTRATED NEED THROUGH :12
	375	+	(A) A PREFERENCE FOR MIXED-INCOME PROJECTS IN WHICH A13
	376	+	PERCENTAGE OF UNITS, PROPORTIONAL TO THE DEMONSTRATED HOUSING14
	377	+	NEEDS OF THE LOCAL COMMUNITY, WITHIN A PARTICULAR DEVELOPMENT15
	378	+	HAVE RESTRICTED AVAILABILITY TO HOUSEHOLDS AT AND BELOW THE16
	379	+	INCOME LEVELS SPECIFIED IN SUBSECTION (3)(c) OF THIS SECTION. THE17
	380	+	PERCENTAGE OF RESTRICTED UNITS AND AFFORDABILITY LEVELS MUST18
	381	+	COMPLY WITH LAWS ENACTED BY LOCAL GOVERNMENTS PROMOTING THE19
	382	+	DEVELOPMENT OF NEW AFFORDABLE HOUSING UNITS PURSUANT TO20
	383	+	SECTION 29-20-104 (1);21
	384	+	(B) DEVELOPMENTS IN WHICH HOUSING UNITS ARE RESTRICTED AT22
	385	+	INCOME LEVELS DEMONSTRATED BY LOCAL COMMUNITY NEEDS AS23
	386	+	SPECIFIED IN SUBSECTION (3)(c)(I) OF THIS SECTION;24
	387	+	(C) TRANSIT ORIENTED DEVELOPMENT ;25
	388	+	(D) THE INCLUSION OF HOUSING UNITS THAT ARE RESTRICTED FOR26
	389	+	RENTAL USAGE TO PERSONS WITH DISABILITIES OR THAT INCLUDE27
	390	+	1304
	391	+	-12- UNIVERSAL DESIGN FEATURES THAT ALLOW INDIVIDUALS TO CONTINUE TO1
	392	+	RESIDE IN THEIR DWELLING UNITS AS THEY AGE; OR2
	393	+	(E) HOUSING THAT IS RESTRICTED TO THE VICTIMS OF DOMESTIC3
	394	+	VIOLENCE OR SEXUAL ASSAULT ;4
	395	+	(II) L
	396	+	EVERAGE CAPITAL AND OPERATING SUBSIDIES FROM VARIOUS5
	397	+	PUBLIC AND PRIVATE SOURCES;6 (III) CREATE OPPORTUNITIES TO BUILD INTERGENERATIONAL7
	398	+	WEALTH FOR FAMILIES;8
	399	+	(IV) PROMOTE THE LONG-TERM AFFORDABILITY OF ANY9
	400	+	DEVELOPMENTS OR PROJECTS THAT ARE FUNDED BY THE GRANT PROGRAM ;10
	401	+	(V) INVOLVE THE PURCHASE OF REAL PROPERTY NECESSARY TO11
	402	+	SECURE LAND AREAS NEEDED FOR FUTURE DEVELOPMENT ; OR12
	403	+	(VI) REPRESENT A ONE-TIME FUNDING PROPOSAL TO THE STATE13
	404	+	WITH MINIMAL OR NO MULTI -YEAR FINANCIAL OBLIGATIONS AND14
	405	+	CONTRIBUTE TO THE OVERALL WELL-BEING AND PROFESSIONAL AND15
	406	+	RECREATIONAL NEEDS OF THE LOCAL WORKFORCE AND POPULATION .16
	407	+	(c) THE RENTAL AND HOME OWNERSHIP TARGETS APPLICABLE TO17
	408	+	LOCAL COMMUNITIES ACROSS THE STATE AS REQUIRED BY SUBSECTION18
	409	+	(3)(b)(I) OF THIS SECTION ARE SPECIFIED IN SUBSECTION (3)(c)(I) OF THIS19
	410	+	SECTION IN ACCORDANCE WITH THE FOLLOWING :20
	411	+	(I) (A) FOR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL21
	412	+	BASIS IN URBAN COUNTIES, HOUSING MUST BE TARGETED TO HOUSEHOLDS22
	413	+	WITH AN ANNUAL INCOME THAT IS AT OR BELOW EIGHTY PERCENT OF THE23
	414	+	AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE COUNTY IN24
	415	+	WHICH THE HOUSING IS LOCATED.25
	416	+	(B) FOR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL BASIS26
	417	+	IN RURAL COUNTIES, HOUSING MUST BE TARGETED TO HOUSEHOLDS WITH27
	418	+	1304
	419	+	-13- AN ANNUAL INCOME THAT IS AT OR BELOW ONE HUNDRED FORTY PERCENT1
	420	+	OF THE AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE2
	421	+	COUNTY IN WHICH THE HOUSING IS LOCATED .3
	422	+	(C) FOR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL BASIS4
	423	+	IN RURAL RESORT COUNTIES, HOUSING MUST BE TARGETED TO5
	424	+	HOUSEHOLDS WITH AN ANNUAL INCOME THAT IS AT OR BELOW ONE6
	425	+	HUNDRED SEVENTY PERCENT OF THE AREA MEDIAN INCOME OF7
	426	+	HOUSEHOLDS OF THAT SIZE IN THE COUNTY IN WHICH THE HOUSING IS8
	427	+	LOCATED.9
	428	+	(D) FOR A HOUSEHOLD RESIDING IN HOUSING ON A HOME10
	429	+	OWNERSHIP BASIS IN ANY AREA OF THE STATE , HOUSING MUST BE11
	430	+	TARGETED TO HOUSEHOLDS WITH AN ANNUAL INCOME THAT IS AT OR12
	431	+	BELOW ONE HUNDRED FORTY PERCENT OF THE AREA MEDIAN INCOME OF13
	432	+	HOUSEHOLDS OF THAT SIZE IN THE C OUNTY IN WHICH THE HOUSING IS14
	433	+	LOCATED.15
	434	+	(II) NOT LATER THAN SEPTEMBER 1, 2022, THE DIVISION SHALL16
	435	+	CLASSIFY EACH COUNTY IN THE STATE AS "URBAN", "RURAL", OR "RURAL17
	436	+	RESORT", AS THOSE TERMS ARE USED IN THIS SECTION , BASED UPON18
	437	+	DEFINITIONS OF THE TERMS AS SPECIFIED IN THE FINAL REPORT OF THE19
	438	+	COLORADO STRATEGIC HOUSING WORKING GROUP FINAL REPORT DATED20
	439	+	JULY 6, 2021. THE DIVISION SHALL REGULARLY UPDATE AND PUBLISH21
	440	+	MODIFICATION OF THE INITIAL CLASSIFICATION OF A PARTICULAR COUNTY22
	441	+	AS IT RECEIVES INFORMATION DOCUMENTING CHANGES IN LOCAL23
	442	+	ECONOMIC CIRCUMSTANCES AND HOUSING COST FACTORS MATERIALLY24
	443	+	AFFECTING SUCH CLASSIFICATIONS.25
	444	+	(III) NOTWITHSTANDING SUBSECTION (3)(c)(I) OR (3)(c)(II) OF26
	445	+	THIS SECTION, ANY COUNTY OR MUNICIPALITY MAY REQUEST FROM THE27
	446	+	1304
	447	+	-14- DIVISION:1
	448	+	(A) A DETERMINATION THAT A DIFFERENT INCOME RESTRICTION2
	449	+	SHOULD APPLY TO THAT COUNTY OR MUNICIPALITY FROM THE ONE MADE3
	450	+	APPLICABLE TO THE COUNTY OR MUNICIPALITY IN ACCORDANCE WITH4
	451	+	SUBSECTION (3)(c)(I) OF THIS SECTION BASED UPON THE UNIQUE5
	452	+	ECONOMIC AND HOUSING COST FACTORS PRESENT IN THE COUNTY OR6
	453	+	MUNICIPALITY. NOT LATER THAN SEPTEMBER 1, 2022, THE DIVISION SHALL7
	454	+	PUBLISH ANY SUCH MODIFIED INCOME RESTRICTIONS AND THE BASIS FOR8
	455	+	ANY MODIFICATION APPROVED .9
	456	+	(B) AT ANY TIME, A RECLASSIFICATION OF THE COUNTY OR10
	457	+	MUNICIPALITY FROM THE CATEGORY IN WHICH THE COUNTY OR11
	458	+	MUNICIPALITY IS INITIALLY CLASSIFIED PURSUANT TO SUBSECTION12
	459	+	(3)(c)(II) BASED UPON THE UNIQUE ECONOMIC AND HOUSING COST13
	460	+	FACTORS PRESENT IN THE COUNTY OR MUNICIPALITY .14
	461	+	(d) THE DIVISION SHALL EITHER CREATE OR UTILIZE AN EXISTING15
	462	+	PROCESS THAT ENSURES THAT GRANTS ARE ONLY CONSIDERED AND16
	463	+	AWARDED AFTER A FAIR AND RIGOROUS OPEN COMPETITION AMONG17
	464	+	ELIGIBLE GRANT RECIPIENTS.18
	465	+	(e) IN DETERMINING GRANT AMOUNTS , THE DIVISION SHALL SEEK19
	466	+	TO INCREASE INVESTMENTS IN FOR-SALE HOUSING STOCK. THE OBJECTIVE20
	467	+	DESCRIBED IN THIS SUBSECTION (3)(e) MAY BE ACHIEVED BY PROVIDING21
	468	+	GRANTS UNDER THE GRANT PROGRAM THAT ARE LAYERED WITH AWARDS22
	469	+	UNDER EXISTING STATE GRANT PROGRAMS TO INCREASE SUBSIDIES ON A23
	470	+	PER-UNIT BASIS.24
	471	+	(f) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION :25
	472	+	(I) THROUGH DECEMBER 31, 2023, THE DIVISION SHALL MAKE NOT26
	473	+	MORE THAN FIFTY PERCENT OF THE MONEY AVAILABLE UNDER THE GRANT27
	474	+	1304
	475	+	-15- PROGRAM FOR GRANT APPLICATIONS , DEVELOPMENTS, OR PROGRAMS THAT1
	476	+	ARE PROPOSED FOR RURAL OR RURAL RESORT COUNTIES ACROSS THE2
	477	+	STATE AND SHALL MAKE NOT MORE THAN FIFTY PERCENT OF THE FUNDS3
	478	+	AVAILABLE UNDER THE GRANT PROGRAM FOR GRANT APPLICATIONS,4
	479	+	DEVELOPMENTS, OR PROGRAMS THAT ARE PROPOSED FOR URBAN COUNTIES5
	480	+	ACROSS THE STATE.6
	481	+	(II) AFTER DECEMBER 31, 2023, ALL UNENCUMBERED MONEY7
	482	+	AVAILABLE UNDER THE GRANT PROGRAM MAY BE EXPENDED IN8
	483	+	ACCORDANCE WITH THIS SECTION IN ANY AREA OF THE STATE WITHOUT9
	484	+	REGARD TO THE RESTRICTIONS SPECIFIED IN SUBSECTION (3)(f)(I) OF THIS10
	485	+	SECTION.11
	486	+	(III) NOT LATER THAN JULY 15, 2023, THE DIVISION SHALL SUBMIT12
	487	+	A REPORT TO THE GENERAL ASSEMBLY SPECIFYING THE STATE OF13
	488	+	ENCUMBERED MONEY UNDER THE GRANT PROGRAM AS OF JUNE 30, 2023,14
	489	+	AND A LIST OF PROJECTS THAT HAVE BEEN APPROVED BUT THAT ARE15
	490	+	AWAITING FUNDING AS OF JUNE 30, 2023.16
	491	+	(g) IN LIGHT OF DIFFERING NEEDS FOR PER HOUSING UNIT17
	492	+	SUBSIDIES ACROSS DIFFERENT AREAS OF THE STATE, THE DIVISION MAY18
	493	+	WAIVE PER UNIT SUBSIDY AMOUNTS THAT HAVE BEEN INITIALLY SET FOR19
	494	+	PARTICULAR PROJECTS OR PROGRAMS TO ADJUST FOR MARKET FACTORS IF20
	495	+	THE PURPOSE OF THE PROJECT HAS BEEN ACCOMPLISHED OR TO SATISFY21
	496	+	THE INTENT OF THE GRANT AWARD .22
	497	+	(h) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION ,23
	498	+	THE AMOUNT OF ANY GRANT AWARD UNDER THE GRANT PROGRAM AND24
	499	+	ANY RESTRICTIONS OR CONDITIONS PLACED UPON THE USE OF GRANT25
	500	+	MONEY AWARDED IS WITHIN THE DISCRETION OF THE DIVISION IN26
	501	+	ACCORDANCE WITH THE REQUIREMENTS OF THIS SECTION .27
	502	+	1304
	503	+	-16- (4) Fund. (a) T HE LOCAL INVESTMENTS IN TRANSFORMATIONAL1
	504	+	AFFORDABLE HOUSING FUND IS CREATED IN THE STATE TREASURY . THE2
	505	+	FUND CONSISTS OF MONEY TRANSFERRED TO THE FUND PURSUANT TO3
	506	+	SUBSECTION (4)(c) OF THIS SECTION; MONEY APPROPRIATED TO THE FUND4
	507	+	BY THE GENERAL ASSEMBLY ; AND ANY GIFTS, GRANTS, OR DONATIONS5
	508	+	FROM ANY PUBLIC OR PRIVATE SOURCES , INCLUDING GOVERNMENTAL6
	509	+	ENTITIES, THAT THE DIVISION IS AUTHORIZED TO SEEK AND ACCEPT .7
	510	+	(b) T
	511	+	HE STATE TREASURER SHALL CREDIT ALL INTEREST AND8
	512	+	INCOME DERIVED FROM THE INVESTMENT AND DEPOSIT OF MONEY IN THE9
	513	+	FUND TO THE FUND . EXCEPT AS OTHERWISE REQUIRED BY THIS10
	514	+	SUBSECTION (4)(b), ALL MONEY NOT EXPENDED OR ENCUMBERED , AND11
	515	+	ALL INTEREST EARNED ON THE INVESTMENT OR DEPOSIT OF MONEY IN THE12
	516	+	FUND, MUST REMAIN IN THE FUND AND SHALL NOT REVERT TO THE13
	517	+	GENERAL FUND OR ANY OTHER FUND AT THE END OF ANY FISCAL YEAR .14
	518	+	T
	519	+	HE MONEY IN THE FUND IS CONTINUOUSLY APPROPRIATED TO THE15
	520	+	DIVISION FOR THE PURPOSES OF THIS SECTION. ANY MONEY IN THE FUND16
	521	+	THAT IS NOT EXPENDED OR OBLIGATED
	522	+	BY DECEMBER 30, 2024, REVERTS17
	523	+	TO THE "AMERICAN RESCUE PLAN ACT OF 2021" CASH FUND CREATED IN18
	524	+	SECTION 24-75-226 (2) IN ACCORDANCE WITH SECTION 24-75-226 (4)(d).19
	525	+	(c) O
	526	+	N THE EFFECTIVE DATE OF THIS SECTION , OR AS SOON AS20
	527	+	PRACTICABLE THEREAFTER, THE STATE TREASURER SHALL TRANSFER ONE21
	528	+	HUNDRED
	529	+	THIRTY-EIGHT MILLION DOLLARS FROM THE AFFORDABLE22
	530	+	HOUSING AND HOME OWNERSHIP CASH FUND CREATED IN SECTION23
	531	+	24-75-229 (3)(a)
	532	+	THAT ORIGINATES FROM MONEY THE STATE RECEIVED24
	533	+	FROM THE FEDERAL CORONAVIRUS STATE FISCAL RECOVERY FUND TO THE25
	534	+	FUND. THE MONEY TRANSFERRED PURSUANT TO THIS SUBSECTION (4)26
	535	+	MUST ONLY BE USED FOR:27
	536	+	1304
	537	+	-17- (I) MAKING GRANTS TO ELIGIBLE RECIPIENTS PURSUANT TO THE1
	538	+	GRANT PROGRAM; AND2
	539	+	(II) T
	540	+	HE COSTS OF ADMINISTERING THE GRANT PROGRAM AS MAY3
	541	+	BE INCURRED BY THE DIVISION. THE DEPARTMENT MAY EXPEND UP TO
	542	+	SIX4
	543	+	PERCENT OF THE MONEY APPROPRIATED OR TRANSFERRED TO THE FUND TO5
	544	+	PAY FOR ITS DIRECT AND INDIRECT COSTS IN ADMINISTERING THE GRANT6
	545	+	PROGRAM. ALL SUCH ADMINISTRATIVE COSTS MUST BE PAID OUT OF THE7
	546	+	MONEY TRANSFERRED TO THE FUND PURSUANT TO THIS SUBSECTION (4)(c).8
	547	+	(5) Reporting. (a) IN CONNECTION WITH THE PUBLIC REPORT THE9
	548	+	DIVISION PREPARED IN ACCORDANCE WITH SECTION 24-32-705.5 (1), FOR10
	549	+	THE REPORT PREPARED IN 2023 AND 2024, THE DIVISION SHALL INCLUDE11
	550	+	IN THE REPORT INFORMATION SUMMARIZING THE USE OF ALL OF THE12
	551	+	MONEY THAT WAS AWARDED AS GR ANTS FROM THE GRANT PROGRAM IN13
	552	+	THE PRECEDING STATE FISCAL YEAR. AT A MINIMUM, THE INFORMATION14
	553	+	INCLUDED IN THE REPORT PERTAINING TO THE GRANT PROGRAM MUST15
	554	+	SPECIFY THE NUMBER OF LOCAL GOVERNMENTS OR COMMUNITY PARTNERS16
	555	+	THAT APPLIED FOR A GRANT AWARD , INCLUDING THE NUMBER OF LOCAL17
	556	+	GOVERNMENTS OR COMMUNITY PARTNERS THAT WERE NOT AWARDED A18
	557	+	GRANT; THE AMOUNT OF GRANT MONEY DISTRIBUTED TO EACH GRANT19
	558	+	RECIPIENT; A DESCRIPTION OF EACH GRANT RECIPIENT'S USE OF THE GRANT20
	559	+	MONEY; AND HOW THE USE OF THE GRANT AWARDED FURTHERED THE21
	560	+	VISION OF TRANSFORMATIONAL AFFORDABLE HOUSING DESCRIBED IN THE22
	561	+	FINAL REPORT OF THE TASK FORCE ESTABLISHED IN SECTION 24-75-22923
	562	+	(6)(a). T
	563	+	HE DIVISION SHALL ALSO INCLUDE IN THE REPORT ITS24
	564	+	RECOMMENDATIONS CONCERNING FUTURE ADMINISTRATION OF THE25
	565	+	GRANT PROGRAM.26 (b) THE DIVISION AND ANY PERSON THAT RECEIVES MONEY FROM27
	566	+	1304
	567	+	-18- THE DIVISION PURSUANT TO THE GRANT PROGRAM SHALL COMPLY WITH1
	568	+	THE COMPLIANCE, REPORTING, RECORD-KEEPING, AND PROGRAM2
	569	+	EVALUATION REQUIREMENTS ESTABLISHED BY THE OFFICE OF STATE3
	570	+	PLANNING AND BUDGETING AND THE STATE CONTROLLER IN ACCORDANCE4
	571	+	WITH SECTION 24-75-226 (5).5
	572	+	(6) Repeal. T
	573	+	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31,6
	574	+	2026.7
	575	+	SECTION 3. In Colorado Revised Statutes, 24-32-705, amend8
	576	+	(7) as follows:9
	577	+	24-32-705. Functions of division. (7) The division shall10
	578	+	administer the:11
	579	+	(a) Affordable housing guided toolkit and local officials guide12
	580	+	program in accordance with section 24-32-721.5;
	581	+	AND13
	582	+	(b) L
	583	+	OCAL INVESTMENTS IN THE TRANSFORMATIONAL AFFORDABLE14
	584	+	HOUSING GRANT PROGRAM CREATED IN SECTION 24-32-726 (2)(a).15
	585	+	SECTION 4. In Colorado Revised Statutes, 24-32-705.5, add16
	586	+	(3.5) as follows:17
	587	+	24-32-705.5. Annual public report on funding of affordable18
	588	+	housing preservation and production - definition. (3.5) (a) F
	589	+	OR THE19
	590	+	PUBLIC REPORT REQUIRED BY SUBSECTION (1) OF THIS SECTION THAT THE20
	591	+	DIVISION IS REQUIRED TO PREPARE IN 2023 AND 2024, THE DIVISION SHALL21
	592	+	INCLUDE IN THE REPORT FOR EACH YEAR THE INFORMATION REQUIRED TO22
	593	+	BE INCLUDED IN THE REPORT IN ACCORDANCE WITH SECTION 23-32-72623
	594	+	(5).24
	595	+	(b) T
	596	+	HIS SUBSECTION (3.5) IS REPEALED, EFFECTIVE JULY 1, 2026.25
	597	+	SECTION 5. In Colorado Revised Statutes, add 24-32-132 as26
	598	+	follows:27
	599	+	1304
	600	+	-19- 24-32-132. Infrastructure and strong communities grant1
	601	+	program - creation - fund - reporting - definitions - repeal.2
	602	+	(1) Definitions. A
	603	+	S USED IN THIS SECTION, UNLESS THE CONTEXT3
	604	+	OTHERWISE REQUIRES:4
	605	+	(a) "A
	606	+	FFORDABLE HOUSING" MEANS:5
	607	+	(I) F
	608	+	OR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL BASIS ,6
	609	+	ANNUAL INCOME OF THE HOUSEHOLD IS AT OR BELOW ONE HUNDRED7
	610	+	FORTY PERCENT OF THE AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT8
	611	+	SIZE IN THE COUNTY IN WHICH THE HOUSING IS LOCATED ;
	612	+	9
	613	+	(II) F
	614	+	OR A HOUSEHOLD RESIDING IN HOUSING ON A HOME10
	615	+	OWNERSHIP BASIS, ANNUAL INCOME OF THE HOUSEHOLD AT OR BELOW ONE11
	616	+	HUNDRED FORTY PERCENT OF THE AREA MEDIAN INCOME OF HOUSEHOLDS12
	617	+	OF THAT SIZE IN THE COUNTY IN WHICH THE HOUSING IS
	618	+	LOCATED; OR13
	619	+	(III) FOR A HOUSEHOLD RESIDING IN HOUSING ON A HOME14
	620	+	OWNERSHIP BASIS IN RURAL RESORT COUNTIES , ANNUAL INCOME OF THE15
	621	+	HOUSEHOLD IS AT OR BELOW ONE HUNDRED SIXTY PERCENT OF THE AREA16
	622	+	MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE COUNTY IN WHICH17
	623	+	THE HOUSING IS LOCATED.18
188	624		(b) "D
189		-	EPARTMENT" MEANS THE DEPARTMENT OF LOCAL AFFAIRS .
	625	+	EPARTMENT" MEANS THE DEPARTMENT OF LOCAL AFFAIRS .19
190	626		(c) "E
191		-	LIGIBLE RECIPIENT" MEANS A LOCAL GOVERNMENT OR A
192		-	COMMUNITY PARTNER THAT APPLIES FOR A GRANT THROUGH THE GRANT
193		-	PROGRAM
194		-	.
195		-	(d) "F
196		-	UND" MEANS THE LOCAL INVESTMENTS IN TRANSFORMATIONAL
197		-	AFFORDABLE HOUSING FUND CREATED IN SUBSECTION
198		-	(4)(a) OF THIS
199		-	SECTION
200		-	.
201		-	(e) "G
202		-	RANT PROGRAM" MEANS THE LOCAL INVESTMENTS IN
203		-	TRANSFORMATIONAL AFFORDABLE HOUSING GRANT PROGRAM CREATED IN
204		-	SUBSECTION
205		-	(2)(a) OF THIS SECTION.
206		-	(f) "L
207		-	OCAL GOVERNMENT" MEANS A COUNTY, MUNICIPALITY, CITY
208		-	AND COUNTY
209		-	, TRIBAL GOVERNMENT, SPECIAL DISTRICT ORGANIZED UNDER
210		-	TITLE
211		-	32, SCHOOL DISTRICT, DISTRICT, HOUSING AUTHORITY, COUNCIL OF
212		-	GOVERNMENTS
213		-	, A REGIONAL PLANNING COMMISSION ORGANIZED UNDER
214		-	TITLE
215		-	30, OR ANY OTHER POLITICAL SUBDIVISION OF THE STATE .
216		-	(g) "M
217		-	ATCH" MEANS MONETARY AND NONMONETARY
218		-	CONTRIBUTIONS TO A PROJECT
219		-	.
220		-	PAGE 6-HOUSE BILL 22-1304 (2) Creation of the grant program - projects or programs
221		-	eligible for funding. (a) T
222		-	HERE IS CREATED IN THE DIVISION THE LOCAL
223		-	INVESTMENTS IN TRANSFORMATIONAL AFFORDABLE HOUSING GRANT
224		-	PROGRAM TO PROVIDE GRANTS TO ELIGIBLE RECIPIENTS TO ENABLE SUCH
225		-	ENTITIES TO MAKE INVESTMENTS IN THEIR COMMUNITIES OR REGIONS OF THE
226		-	STATE IN TRANSFORMATIONAL AFFORDABLE HOUSING AND HOUSING
227		-	RELATED MATTERS IN ACCORDANCE WITH THE REQUIREMENTS OF THIS
228		-	SECTION
229		-	. THE DIVISION SHALL ADMINISTER THE GRANT PROGRAM .
	627	+	LIGIBLE EXPENSES" INCLUDE PLANNING,
	628	+	ENGINEERING,20
	629	+	INFRASTRUCTURE, AND LOCAL CAPACITY.21
	630	+	(d) "E
	631	+	LIGIBLE LOCAL GOVERNMENT " MEANS A MUNICIPALITY OR22 A COUNTY.23
	632	+	(e) "F
	633	+	UND" MEANS THE INFRASTRUCTURE AND STRONG24
	634	+	COMMUNITIES GRANT PROGRAM FUND CREATED IN SUBSECTION (5) OF THIS25
	635	+	SECTION.26
	636	+	(f) "G
	637	+	RANT PROGRAM" MEANS THE INFRASTRUCTURE AND STRONG27
	638	+	1304
	639	+	-20- COMMUNITIES GRANT PROGRAM CREATED IN SUBSECTION (3)(a) OF THIS1
	640	+	SECTION.2
	641	+	(g) "I
	642	+	NFILL DEVELOPMENT" MEANS THE DEVELOPMENT OF UNUSED3
	643	+	AND UNDERUTILIZED LAND WITHIN EXISTING DEVELOPMENT PATTERNS ,4
	644	+	TYPICALLY BUT NOT EXCLUSIVELY IN URBAN AREAS .5
	645	+	(h) "L
	646	+	OCAL GOVERNMENT" MEANS A COUNTY, MUNICIPALITY, OR6
	647	+	A CITY AND COUNTY.7
	648	+	(i) "M
	649	+	ULTI-AGENCY GROUP" MEANS THE DIVISION, THE COLORADO8
	650	+	ENERGY OFFICE CREATED IN SECTION 24-38.5-101 (1), AND THE9
	651	+	DEPARTMENT OF TRANSPORTATION CREATED IN SECTION 43-1-103 (1).10
	652	+	(j) "S
	653	+	USTAINABLE DEVELOPMENT PATTERN " MEANS A11
	654	+	DEVELOPMENT PATTERN THAT MAY BE EXTENDED IN A COST -EFFECTIVE12
	655	+	WAY THAT MITIGATES HARM AND MINIMIZES THE NEED FOR ADDITIONAL13
	656	+	RESOURCES TO MAINTAIN THE DEVELOPMENT OVER TIME .14
	657	+	(k) "T
	658	+	RANSIT-ORIENTED DEVELOPMENT " MEANS A DEVELOPMENT15
	659	+	THAT IS WITHIN WALKING DISTANCE OF A TRANSIT OR OTHER ALTERNATIVE16
	660	+	TRANSPORTATION FACILITY.17
	661	+	(2) Multi-agency group - best practices. (a) T
	662	+	HE MULTI-AGENCY18
	663	+	GROUP SHALL ENCOURAGE THE INVOLVEMENT OF LOCAL GOVERNMENTS19
	664	+	ACROSS THE STATE IN THE GRANT PROGRAM . THE MULTI-AGENCY GROUP,20
	665	+	WITH THE ASSISTANCE OF STAKEHOLDERS , SHALL DEVELOP A LIST OF21
	666	+	SUSTAINABLE LAND USE BEST PRACTICES THAT WILL ACCOMPLISH THE22
	667	+	GOALS OF THE GRANT PROGRAM AND IMPROVE A LOCAL GOVERNMENT 'S23
	668	+	VIABILITY IN BEING CONSIDERED FOR A GRANT AWARD .24
230	669		(b) T
231		-	HE DIVISION MAY AWARD GRANTS UNDER THE GRANT PROGRAM
232		-	TO SUPPORT INVESTMENTS BY ELIGIBLE RECIPIENTS IN PROJECTS OR
233		-	PROGRAMS THAT
234		-	:
235		-	(I) D
236		-	EVELOP AND INTEGRATE INFRASTRUCTURE TIED TO AN
237		-	AFFORDABLE HOUSING DEVELOPMENT
238		-	, INCLUDING FUNDING FOR CAPITAL
239		-	CONSTRUCTION AND THE COST OF INFRASTRUCTURE DESIGN
240		-	;
241		-	(II) P
242		-	ROVIDE GAP FINANCING FOR HOUSING DEVELOPMENT PROJECTS
243		-	INCLUDING BUT NOT LIMITED TO TRANSACTIONS UNDER THE FEDERAL
244		-	LOW
245		-	-INCOME HOUSING TAX CREDIT AND THE AFFORDABLE HOUSING TAX
246		-	CREDIT CREATED IN SECTION
247		-	39-22-2102 (1) AND FOR THE PURCHASE OR
248		-	CONVERSION OF EXISTING AFFORDABLE HOUSING AND MULTI
249		-	-FAMILY
250		-	DEVELOPMENTS
251		-	, LAND, AND BUILDINGS, PARTICULARLY IN COMMUNITIES
252		-	WHERE EFFORTS HAVE BEEN MADE TO ENCOURAGE AFFORDABLE HOUSING
253		-	DEVELOPMENT OR IN COMMUNITIES IN WHICH LOW CONCENTRATIONS OF
254		-	AFFORDABLE HOUSING EXIST
255		-	;
256		-	(III) I
257		-	NCREASE NEW AFFORDABLE FOR -SALE HOUSING STOCK BY
258		-	PROVIDING FUNDING TO ASSIST WITH THE COSTS OF CONSTRUCTION
259		-	,
260		-	INCLUDING BUT NOT LIMITED TO CONSTRUCTION COSTS , LAND ACQUISITION
261		-	COSTS
262		-	, TAP FEES, BUILDING PERMITS, AND IMPACT FEES;
263		-	(IV) M
264		-	AINTAIN EXISTING AFFORDABLE HOUSING THROUGH FUNDING
265		-	FOR PRESERVATION
266		-	, RESTORATION THROUGH REHABILITATION ,
267		-	RETROFITTING, RENOVATION, CAPITAL IMPROVEMENTS , THE REPAIR OF
268		-	CURRENT AFFORDABLE HOUSING STOCK
269		-	, INCLUDING HOUSING MADE
270		-	AVAILABLE UNDER
271		-	42 U.S.C. SEC. 1437f, AND PUBLIC HOUSING FOR
272		-	POPULATIONS AND HOUSEHOLDS DISPROPORTIONATELY IMPACTED BY THE
273		-	COVID-19 PANDEMIC WITH COMMITMENTS FOR LONG -TERM
274		-	AFFORDABILITY
275		-	. THESE INVESTMENTS MAY INCLUDE BUT ARE NOT LIMITED
276		-	PAGE 7-HOUSE BILL 22-1304 TO:
277		-	(A) S
278		-	ENIOR HOUSING;
279		-	(B) R
280		-	EMEDIATION OF LOW-QUALITY AND CONDEMNED PROPERTIES ;
281		-	(C) H
282		-	OUSING UNITS THAT ARE INTEGRATED INTO NONSEGREGATED
283		-	HOUSING UNITS THAT ARE SPECIFICALLY DESIGNED FOR PEOPLE LIVING WITH
284		-	DISABILITIES
285		-	;
286		-	(D) T
287		-	HE PURCHASE AND TRANSITION OF CURRENT HOUSING STOCK ,
288		-	INCLUDING PROPERTIES CURRENTLY IN USE ON A SHORT -TERM RENTAL BASIS,
289		-	INTO AFFORDABLE HOUSING ON A LONG -TERM BASIS; AND
290		-	(E) THE PROVISION OF TIME-LIMITED RENTAL ASSISTANCE FOR
291		-	HOUSEHOLDS DISPROPORTIONATELY IMPACTED BY THE
292		-	COVID-19
293		-	PANDEMIC AND AT-RISK OF LOSING THEIR HOME OR IN NEED OF RAPID
294		-	RE
295		-	-HOUSING, INCLUDING FUNDING FOR OUTREACH , HOUSING NAVIGATION
296		-	ASSISTANCE
297		-	, AND LEGAL SERVICES.
298		-	(V) F
299		-	INANCE ENERGY IMPROVEMENTS IN SINGLE -FAMILY AND
300		-	MULTI
301		-	-FAMILY AFFORDABLE HOUSING THAT WILL PROVIDE FUNDING FOR
302		-	INCREMENTAL
303		-	, UP-FRONT COSTS FOR EFFICIENT, ELECTRIC MEASURES AND
304		-	RENEWABLE ENERGY SYSTEMS FOR BOTH EXISTING HOMES AND RENTAL
305		-	UNITS AND NEW HOUSING CONSTRUCTION
306		-	.
307		-	(VI) P
308		-	ROVIDE OR MAINTAIN PROPERTY CONVERSION FOR
309		-	TRANSITIONAL OR LONG
310		-	-TERM HOUSING;
311		-	(VII) P
312		-	ROVIDE OR MAINTAIN PERMANENT SUPPORTIVE HOUSING AND
313		-	SUPPORTIVE SERVICES
314		-	;
315		-	(VIII) P
316		-	ROVIDE OR MAINTAIN LAND BANKING AND LAND TRUST
317		-	STRATEGIES FOR LONG
318		-	-TERM AFFORDABLE HOUSING PLANNING AND
319		-	DEVELOPMENT
320		-	; AND
321		-	(IX) PROVIDE OR MAINTAIN FUNDING FOR EVICTION LEGAL DEFENSE .
322		-	(3) Policies, procedures, and guidelines. (a) O
323		-	N OR BEFORE
324		-	SEPTEMBER 1, 2022, THE DIVISION SHALL ADOPT POLICIES, PROCEDURES,
325		-	PAGE 8-HOUSE BILL 22-1304 AND GUIDELINES FOR THE GRANT PROGRAM THAT INCLUDE , WITHOUT
326		-	LIMITATION
327		-	:
328		-	(I) T
329		-	HE PROCESS BY WHICH A LOCAL GOVERNMENT OR COMMUNITY
330		-	PARTNER APPLIES FOR A GRANT AWARD AND THE CRITERIA USED TO
331		-	DETERMINE ELIGIBILITY FOR A GRANT AWARD
332		-	;
333		-	(II) P
334		-	ROCEDURES AND TIME LINES BY WHICH AN ELIGIBLE RECIPIENT
335		-	MAY APPLY FOR A GRANT
336		-	;
337		-	(III) P
338		-	ERFORMANCE CRITERIA FOR GRANT RECIPIENTS ' PROJECTS;
339		-	(IV) R
340		-	EPORTING REQUIREMENTS FOR GRANT RECIPIENTS ; AND
341		-	(V) REQUIREMENTS FOR GRANT RECIPIENTS TO OFFER A MATCH IN
342		-	RESOURCES
343		-	.
344		-	(b) I
345		-	N AWARDING GRANTS, THE DIVISION SHALL PRIORITIZE PROJECTS
346		-	OR PROGRAMS THAT
347		-	, TO THE GREATEST EXTENT PRACTICABLE , PROMOTE
348		-	ONE OR MORE OF THE FOLLOWING GOALS AND OBJECTIVES
349		-	:
350		-	(I) I
351		-	NCREASE THE SUPPLY OF HOUSING IN URBAN, RURAL, AND RURAL
352		-	RESORT COMMUNITIES ACROSS THE STATE THAT IS PROPORTIONAL TO EACH
353		-	COMMUNITY
354		-	'S DEMONSTRATED NEED THROUGH :
355		-	(A) A
356		-	PREFERENCE FOR MIXED -INCOME PROJECTS IN WHICH A
357		-	PERCENTAGE OF UNITS
358		-	, PROPORTIONAL TO THE DEMONSTRATED HOUSING
359		-	NEEDS OF THE LOCAL COMMUNITY
360		-	, WITHIN A PARTICULAR DEVELOPMENT
361		-	HAVE RESTRICTED AVAILABILITY TO HOUSEHOLDS AT AND BELOW THE
362		-	INCOME LEVELS SPECIFIED IN SUBSECTION
363		-	(3)(c) OF THIS SECTION. THE
364		-	PERCENTAGE OF RESTRICTED UNITS AND AFFORDABILITY LEVELS MUST
365		-	COMPLY WITH LAWS ENACTED BY LOCAL GOVERNMENTS PROMOTING THE
366		-	DEVELOPMENT OF NEW AFFORDABLE HOUSING UNITS PURSUANT TO SECTION
367		-	29-20-104 (1);
368		-	(B) D
369		-	EVELOPMENTS IN WHICH HOUSING UNITS ARE RESTRICTED AT
370		-	INCOME LEVELS DEMONSTRATED BY LOCAL COMMUNITY NEEDS AS SPECIFIED
371		-	IN SUBSECTION
372		-	(3)(c)(I) OF THIS SECTION;
373		-	(C) T
374		-	RANSIT ORIENTED DEVELOPMENT ;
375		-	PAGE 9-HOUSE BILL 22-1304 (D) THE INCLUSION OF HOUSING UNITS THAT ARE RESTRICTED FOR
376		-	RENTAL USAGE TO PERSONS WITH DISABILITIES OR THAT INCLUDE UNIVERSAL
377		-	DESIGN FEATURES THAT ALLOW INDIVIDUALS TO CONTINUE TO RESIDE IN
378		-	THEIR DWELLING UNITS AS THEY AGE
379		-	; OR
380		-	(E) HOUSING THAT IS RESTRICTED TO THE VICTIMS OF DOMESTIC
381		-	VIOLENCE OR SEXUAL ASSAULT
382		-	;
383		-	(II) L
384		-	EVERAGE CAPITAL AND OPERATING SUBSIDIES FROM VARIOUS
385		-	PUBLIC AND PRIVATE SOURCES
386		-	;
387		-	(III) C
388		-	REATE OPPORTUNITIES TO BUILD INTERGENERATIONAL
389		-	WEALTH FOR FAMILIES
390		-	;
391		-	(IV) P
392		-	ROMOTE THE LONG -TERM AFFORDABILITY OF ANY
393		-	DEVELOPMENTS OR PROJECTS THAT ARE FUNDED BY THE GRANT PROGRAM
394		-	;
395		-	(V) I
396		-	NVOLVE THE PURCHASE OF REAL PROPERTY NECESSARY TO
397		-	SECURE LAND AREAS NEEDED FOR FUTURE DEVELOPMENT
398		-	; OR
399		-	(VI) REPRESENT A ONE-TIME FUNDING PROPOSAL TO THE STATE WITH
400		-	MINIMAL OR NO MULTI
401		-	-YEAR FINANCIAL OBLIGATIONS AND CONTRIBUTE TO
402		-	THE OVERALL WELL
403		-	-BEING AND PROFESSIONAL AND RECREATIONAL NEEDS
404		-	OF THE LOCAL WORKFORCE AND POPULATION
405		-	.
406		-	(c) T
407		-	HE RENTAL AND HOME OWNERSHIP TARGETS APPLICABLE TO
408		-	LOCAL COMMUNITIES ACROSS THE STATE AS REQUIRED BY SUBSECTION
409		-	(3)(b)(I) OF THIS SECTION ARE SPECIFIED IN SUBSECTION (3)(c)(I) OF THIS
410		-	SECTION IN ACCORDANCE WITH THE FOLLOWING
411		-	:
412		-	(I) (A) F
413		-	OR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL BASIS
414		-	IN URBAN COUNTIES
415		-	, HOUSING MUST BE TARGETED TO HOUSEHOLDS WITH AN
416		-	ANNUAL INCOME THAT IS AT OR BELOW EIGHTY PERCENT OF THE AREA
417		-	MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE COUNTY IN WHICH
418		-	THE HOUSING IS LOCATED
419		-	.
420		-	(B) F
421		-	OR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL BASIS IN
422		-	RURAL COUNTIES
423		-	, HOUSING MUST BE TARGETED TO HOUSEHOLDS WITH AN
424		-	ANNUAL INCOME THAT IS AT OR BELOW ONE HUNDRED FORTY PERCENT OF
425		-	THE AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE COUNTY IN
426		-	PAGE 10-HOUSE BILL 22-1304 WHICH THE HOUSING IS LOCATED.
427		-	(C) F
428		-	OR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL BASIS IN
429		-	RURAL RESORT COUNTIES
430		-	, HOUSING MUST BE TARGETED TO HOUSEHOLDS
431		-	WITH AN ANNUAL INCOME THAT IS AT OR BELOW ONE HUNDRED SEVENTY
432		-	PERCENT OF THE AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE
433		-	COUNTY IN WHICH THE HOUSING IS LOCATED
434		-	.
435		-	(D) F
436		-	OR A HOUSEHOLD RESIDING IN HOUSING ON A HOME OWNERSHIP
437		-	BASIS IN ANY AREA OF THE STATE
438		-	, HOUSING MUST BE TARGETED TO
439		-	HOUSEHOLDS WITH AN ANNUAL INCOME THAT IS AT OR BELOW ONE HUNDRED
440		-	FORTY PERCENT OF THE AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE
441		-	IN THE COUNTY IN WHICH THE HOUSING IS LOCATED
442		-	.
443		-	(II) N
444		-	OT LATER THAN SEPTEMBER 1, 2022, THE DIVISION SHALL
445		-	CLASSIFY EACH COUNTY IN THE STATE AS
446		-	"URBAN", "RURAL", OR "RURAL
447		-	RESORT
448		-	", AS THOSE TERMS ARE USED IN THIS SECTION , BASED UPON
449		-	DEFINITIONS OF THE TERMS AS SPECIFIED IN THE FINAL REPORT OF THE
450		-	COLORADO STRATEGIC HOUSING WORKING GROUP FINAL REPORT DATED
451		-	JULY 6, 2021. THE DIVISION SHALL REGULARLY UPDATE AND PUBLISH
452		-	MODIFICATION OF THE INITIAL CLASSIFICATION OF A PARTICULAR COUNTY AS
453		-	IT RECEIVES INFORMATION DOCUMENTING CHANGES IN LOCAL ECONOMIC
454		-	CIRCUMSTANCES AND HOUSING COST FACTORS MATERIALLY AFFECTING
455		-	SUCH CLASSIFICATIONS
456		-	.
457		-	(III) N
458		-	OTWITHSTANDING SUBSECTION (3)(c)(I) OR (3)(c)(II) OF THIS
459		-	SECTION
460		-	, ANY COUNTY OR MUNICIPALITY MAY REQUEST FROM THE DIVISION :
461		-	(A) A
462		-	DETERMINATION THAT A DIFFERENT INCOME RESTRICTION
463		-	SHOULD APPLY TO THAT COUNTY OR MUNICIPALITY FROM THE ONE MADE
464		-	APPLICABLE TO THE COUNTY OR MUNICIPALITY IN ACCORDANCE WITH
465		-	SUBSECTION
466		-	(3)(c)(I) OF THIS SECTION BASED UPON THE UNIQUE ECONOMIC
467		-	AND HOUSING COST FACTORS PRESENT IN THE COUNTY OR MUNICIPALITY
468		-	.
469		-	N
470		-	OT LATER THAN SEPTEMBER 1, 2022, THE DIVISION SHALL PUBLISH ANY
471		-	SUCH MODIFIED INCOME RESTRICTIONS AND THE BASIS FOR ANY
472		-	MODIFICATION APPROVED
473		-	.
474		-	(B) A
475		-	T ANY TIME, A RECLASSIFICATION OF THE COUNTY OR
476		-	MUNICIPALITY FROM THE CATEGORY IN WHICH THE COUNTY OR
477		-	MUNICIPALITY IS INITIALLY CLASSIFIED PURSUANT TO SUBSECTION
478		-	(3)(c)(II)
479		-	PAGE 11-HOUSE BILL 22-1304 BASED UPON THE UNIQUE ECONOMIC AND HOUSING COST FACTORS PRESENT
480		-	IN THE COUNTY OR MUNICIPALITY
481		-	.
482		-	(d) T
483		-	HE DIVISION SHALL EITHER CREATE OR UTILIZE AN EXISTING
484		-	PROCESS THAT ENSURES THAT GRANTS ARE ONLY CONSIDERED AND
485		-	AWARDED AFTER A FAIR AND RIGOROUS OPEN COMPETITION AM ONG ELIGIBLE
486		-	GRANT RECIPIENTS
487		-	.
488		-	(e) I
489		-	N DETERMINING GRANT AMOUNTS , THE DIVISION SHALL SEEK TO
490		-	INCREASE INVESTMENTS IN FOR
491		-	-SALE HOUSING STOCK. THE OBJECTIVE
492		-	DESCRIBED IN THIS SUBSECTION
493		-	(3)(e) MAY BE ACHIEVED BY PROVIDING
494		-	GRANTS UNDER THE GRANT PROGRAM THAT ARE LAYERED WITH AWARDS
495		-	UNDER EXISTING STATE GRANT PROGRAMS TO INCREASE SUBSIDIES ON A
496		-	PER
497		-	-UNIT BASIS.
498		-	(f) N
499		-	OTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION :
500		-	(I) T
501		-	HROUGH DECEMBER 31, 2023, THE DIVISION SHALL MAKE NOT
502		-	MORE THAN FIFTY PERCENT OF THE MONEY AVAILABLE UNDER THE GRANT
503		-	PROGRAM FOR GRANT APPLICATIONS
504		-	, DEVELOPMENTS, OR PROGRAMS THAT
505		-	ARE PROPOSED FOR RURAL OR RURAL RESORT COUNTIES ACROSS THE STATE
506		-	AND SHALL MAKE NOT MORE THAN FIFTY PERCENT OF THE FUNDS AVAILABLE
507		-	UNDER THE GRANT PROGRAM FOR GRANT APPLICATIONS
508		-	, DEVELOPMENTS, OR
509		-	PROGRAMS THAT ARE PROPOSED FOR URBAN COUNTIES ACROSS THE STATE
510		-	.
511		-	(II) A
512		-	FTER DECEMBER 31, 2023, ALL UNENCUMBERED MONEY
513		-	AVAILABLE UNDER THE GRANT PROGRAM MAY BE EXPENDED IN
514		-	ACCORDANCE WITH THIS SECTION IN ANY AREA OF THE STATE WIT HOUT
515		-	REGARD TO THE RESTRICTIONS SPECIFIED IN SUBSECTION
516		-	(3)(f)(I) OF THIS
517		-	SECTION
518		-	.
519		-	(III) N
520		-	OT LATER THAN JULY 15, 2023, THE DIVISION SHALL SUBMIT
521		-	A REPORT TO THE GENERAL ASSEMBLY SPECIFYING THE STATE OF
522		-	ENCUMBERED MONEY UNDER THE GRANT PROGRAM AS OF
523		-	JUNE 30, 2023,
524		-	AND A LIST OF PROJECTS THAT HAVE BEEN APPROVED BUT THAT ARE
525		-	AWAITING FUNDING AS OF
526		-	JUNE 30, 2023.
527		-	(g) I
528		-	N LIGHT OF DIFFERING NEEDS FOR PER HOUSING UNIT SUBSIDIES
529		-	ACROSS DIFFERENT AREAS OF THE STATE
530		-	, THE DIVISION MAY WAIVE PER UNIT
531		-	SUBSIDY AMOUNTS THAT HAVE BEEN INITIALLY SET FOR PARTICULAR
532		-	PAGE 12-HOUSE BILL 22-1304 PROJECTS OR PROGRAMS TO ADJUST FOR MARKET FACTORS IF THE PURPOSE
533		-	OF THE PROJECT HAS BEEN ACCOMPLISHED OR TO SATISFY THE INTENT OF
534		-	THE GRANT AWARD
535		-	.
536		-	(h) N
537		-	OTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION , THE
538		-	AMOUNT OF ANY GRANT AWARD UNDER THE GRANT PROGRAM AND ANY
539		-	RESTRICTIONS OR CONDITIONS PLACED UPON THE USE OF GRANT MONEY
540		-	AWARDED IS WITHIN THE DISCRETION OF THE DIVISION IN ACCORDANCE WITH
541		-	THE REQUIREMENTS OF THIS SECTION
542		-	.
543		-	(4) Fund. (a) T
544		-	HE LOCAL INVESTMENTS IN TRANSFORMATIONAL
545		-	AFFORDABLE HOUSING FUND IS CREATED IN THE STATE TREASURY
546		-	. THE FUND
547		-	CONSISTS OF MONEY TRANSFERRED TO THE FUND PURSUANT TO SUBSECTION
548		-	(4)(c) OF THIS SECTION; MONEY APPROPRIATED TO THE FUND BY THE
549		-	GENERAL ASSEMBLY
550		-	; AND ANY GIFTS, GRANTS, OR DONATIONS FROM ANY
551		-	PUBLIC OR PRIVATE SOURCES
552		-	, INCLUDING GOVERNMENTAL ENTITIES , THAT
553		-	THE DIVISION IS AUTHORIZED TO SEEK AND ACCEPT
554		-	.
555		-	(b) T
556		-	HE STATE TREASURER SHALL CREDIT ALL INTEREST AND INCOME
557		-	DERIVED FROM THE INVESTMENT AND DEPOSIT OF MONEY IN THE FUND TO
558		-	THE FUND
559		-	. EXCEPT AS OTHERWISE REQUIRED BY THIS SUBSECTION (4)(b),
560		-	ALL MONEY NOT EXPENDED OR ENCUMBERED , AND ALL INTEREST EARNED ON
561		-	THE INVESTMENT OR DEPOSIT OF MONEY IN THE FUND
562		-	, MUST REMAIN IN THE
563		-	FUND AND SHALL NOT REVERT TO THE GENERAL FUND OR ANY OTHER FUND
564		-	AT THE END OF ANY FISCAL YEAR
565		-	. THE MONEY IN THE FUND IS
566		-	CONTINUOUSLY APPROPRIATED TO THE DIVISION FOR THE PURPOSES OF THIS
567		-	SECTION
568		-	. ANY MONEY IN THE FUND THAT IS NOT EXPENDED OR OBLIGATED
569		-	BY
570		-	DECEMBER 30, 2024, REVERTS TO THE "AMERICAN RESCUE PLAN ACT OF
571		-	2021" CASH FUND CREATED IN SECTION 24-75-226 (2) IN ACCORDANCE WITH
572		-	SECTION
573		-	24-75-226 (4)(d).
574		-	(c) O
575		-	N THE EFFECTIVE DATE OF THIS SECTION , OR AS SOON AS
576		-	PRACTICABLE THEREAFTER
577		-	, THE STATE TREASURER SHALL TRANSFER ONE
578		-	HUNDRED THIRTY
579		-	-EIGHT MILLION DOLLARS FROM THE AFFORDABLE HOUSING
580		-	AND HOME OWNERSHIP CASH F UND CREATED IN SECTION
581		-	24-75-229 (3)(a)
582		-	THAT ORIGINATES FROM MONEY THE STATE RECEIVED FROM THE FEDERAL
583		-	CORONAVIRUS STATE FISCAL RECOVERY FUND TO THE FUND
584		-	. THE MONEY
585		-	TRANSFERRED PURSUANT TO THIS SUBSECTION
586		-	(4) MUST ONLY BE USED FOR:
587		-	(I) M
588		-	AKING GRANTS TO ELIGIBLE RECIPIENTS PURSUANT TO THE
589		-	PAGE 13-HOUSE BILL 22-1304 GRANT PROGRAM; AND
590		-	(II) THE COSTS OF ADMINISTERING THE GRANT PROGRAM AS MAY BE
591		-	INCURRED BY THE DIVISION
592		-	. THE DEPARTMENT MAY EXPEND UP TO SIX
593		-	PERCENT OF THE MONEY APPROPRIATED OR TRANSFERRED TO THE FUND TO
594		-	PAY FOR ITS DIRECT AND INDIRECT COSTS IN ADMINISTERING THE GRANT
595		-	PROGRAM
596		-	. ALL SUCH ADMINISTRATIVE COSTS MUST BE PAID OUT OF THE
597		-	MONEY TRANSFERRED TO THE FUND PURSUANT TO THIS SUBSECTION
598		-	(4)(c).
599		-	(5) Reporting. (a) I
600		-	N CONNECTION WITH THE PUBLIC REPORT THE
601		-	DIVISION PREPARED IN ACCORDANCE WITH SECTION
602		-	24-32-705.5 (1), FOR THE
603		-	REPORT PREPARED IN
604		-	2023 AND 2024, THE DIVISION SHALL INCLUDE IN THE
605		-	REPORT INFORMATION SUMMARIZING THE USE OF ALL OF THE MONEY THAT
606		-	WAS AWARDED AS GRANTS FROM THE GRANT PROGRAM IN THE PRECEDING
607		-	STATE FISCAL YEAR
608		-	. AT A MINIMUM, THE INFORMATION INCLUDED IN THE
609		-	REPORT PERTAINING TO THE GRANT PROGRAM MUST SPECIFY THE NUMBER
610		-	OF LOCAL GOVERNMENTS OR COMMUNITY PARTNERS THAT APPLIED FOR A
611		-	GRANT AWARD
612		-	, INCLUDING THE NUMBER OF LOCAL GOVERNMENTS OR
613		-	COMMUNITY PARTNERS THAT WERE NOT AWARDED A GRANT
614		-	; THE AMOUNT
615		-	OF GRANT MONEY DISTRIBUTED TO EACH GRANT RECIPIENT
616		-	; A DESCRIPTION
617		-	OF EACH GRANT RECIPIENT
618		-	'S USE OF THE GRANT MONEY; AND HOW THE USE
619		-	OF THE GRANT AWARDED FURTHERED THE VISION OF TRANSFORMATIONAL
620		-	AFFORDABLE HOUSING DESCRIBED IN THE FINAL REPORT OF THE TASK FORCE
621		-	ESTABLISHED IN SECTION
622		-	24-75-229 (6)(a). THE DIVISION SHALL ALSO
623		-	INCLUDE IN THE REPORT ITS RECOMMENDATIONS CONCERNING FUTURE
624		-	ADMINISTRATION OF THE GRANT PROGRAM
625		-	.
626		-	(b) T
627		-	HE DIVISION AND ANY PERSON THAT RECEIVES MONEY FROM
628		-	THE DIVISION PURSUANT TO THE GRANT PROGRAM SHALL COMPLY WITH THE
629		-	COMPLIANCE
630		-	, REPORTING, RECORD-KEEPING, AND PROGRAM EVALUATION
631		-	REQUIREMENTS ESTABLISHED BY THE OFFICE OF STATE PLANNING AND
632		-	BUDGETING AND THE STATE CONTROLLER IN ACCORDANCE WITH SECTION
633		-	24-75-226 (5).
634		-	(6) Repeal. T
635		-	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31,
636		-	2026.
637		-	SECTION 3. In Colorado Revised Statutes, 24-32-705, amend (7)
638		-	as follows:
639		-	PAGE 14-HOUSE BILL 22-1304 24-32-705. Functions of division. (7) The division shall administer
640		-	the:
641		-	(a) Affordable housing guided toolkit and local officials guide
642		-	program in accordance with section 24-32-721.5;
643		-	AND
644		-	(b) LOCAL INVESTMENTS IN THE TRANSFORMATIONAL AFFORDABLE
645		-	HOUSING GRANT PROGRAM CREATED IN SECTION
646		-	24-32-729 (2)(a).
647		-	SECTION 4. In Colorado Revised Statutes, 24-32-705.5, add (3.7)
648		-	as follows:
649		-	24-32-705.5. Annual public report on funding of affordable
650		-	housing preservation and production - definition. (3.7) (a) F
651		-	OR THE
652		-	PUBLIC REPORT REQUIRED BY SUBSECTION
653		-	(1) OF THIS SECTION THAT THE
654		-	DIVISION IS REQUIRED TO PREPARE IN
655		-	2023 AND 2024, THE DIVISION SHALL
656		-	INCLUDE IN THE REPORT FOR EACH YEAR THE INFORMATION REQUIRED TO BE
657		-	INCLUDED IN THE REPORT IN ACCORDANCE WITH SECTION
658		-	23-32-729 (5).
659		-	(b) T
660		-	HIS SUBSECTION (3.7) IS REPEALED, EFFECTIVE JULY 1, 2026.
661		-	SECTION 5. In Colorado Revised Statutes, add 24-32-133 as
662		-	follows:
663		-	24-32-133. Infrastructure and strong communities grant
664		-	program - creation - fund - reporting - definitions - repeal.
665		-	(1) Definitions. A
666		-	S USED IN THIS SECTION, UNLESS THE CONTEXT
667		-	OTHERWISE REQUIRES
668		-	:
669		-	(a) "A
670		-	FFORDABLE HOUSING" MEANS:
671		-	(I) F
672		-	OR A HOUSEHOLD RESIDING IN HOUSING ON A RENTAL BASIS ,
673		-	ANNUAL INCOME OF THE HOUSEHOLD IS AT OR BELOW ONE HUNDRED FORTY
674		-	PERCENT OF THE AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE
675		-	COUNTY IN WHICH THE HOUSING IS LOCATED
676		-	;
677		-	(II) F
678		-	OR A HOUSEHOLD RESIDING IN HOUSING ON A HOME OWNERSHIP
679		-	BASIS
680		-	, ANNUAL INCOME OF THE HOUSEHOLD AT OR BELOW ONE HUNDRED
681		-	FORTY PERCENT OF THE AREA MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE
682		-	IN THE COUNTY IN WHICH THE HOUSING IS LOCATED
683		-	; OR
684		-	PAGE 15-HOUSE BILL 22-1304 (III) FOR A HOUSEHOLD RESIDING IN HOUSING ON A HOME
685		-	OWNERSHIP BASIS IN RURAL RESORT COUNTIES
686		-	, ANNUAL INCOME OF THE
687		-	HOUSEHOLD IS AT OR BELOW ONE HUNDRED SIXTY PERCENT OF THE AREA
688		-	MEDIAN INCOME OF HOUSEHOLDS OF THAT SIZE IN THE COUNTY IN WHICH
689		-	THE HOUSING IS LOCATED
690		-	.
691		-	(b) "D
692		-	EPARTMENT" MEANS THE DEPARTMENT OF LOCAL AFFAIRS .
693		-	(c) "E
694		-	LIGIBLE EXPENSES" INCLUDE PLANNING, ENGINEERING,
695		-	INFRASTRUCTURE, AND LOCAL CAPACITY.
696		-	(d) "E
697		-	LIGIBLE LOCAL GOVERNMENT " MEANS A MUNICIPALITY OR A
698		-	COUNTY
699		-	.
700		-	(e) "F
701		-	UND" MEANS THE INFRASTRUCTURE AND STRONG COMMUNITIES
702		-	GRANT PROGRAM FUND CREATED IN SUBSECTION
703		-	(5) OF THIS SECTION.
704		-	(f) "G
705		-	RANT PROGRAM" MEANS THE INFRASTRUCTURE AND STRONG
706		-	COMMUNITIES GRANT PROGRAM CREATED IN SUBSECTION
707		-	(3)(a) OF THIS
708		-	SECTION
709		-	.
710		-	(g) "I
711		-	NFILL DEVELOPMENT" MEANS THE DEVELOPMENT OF UNUSED
712		-	AND UNDERUTILIZED LAND WITHIN EXISTING DEVELOPMENT PATTERNS
713		-	,
714		-	TYPICALLY BUT NOT EXCLUSIVELY IN URBAN AREAS .
715		-	(h) "L
716		-	OCAL GOVERNMENT" MEANS A COUNTY, MUNICIPALITY, OR A
717		-	CITY AND COUNTY
718		-	.
719		-	(i) "M
720		-	ULTI-AGENCY GROUP" MEANS THE DIVISION, THE COLORADO
721		-	ENERGY OFFICE CREATED IN SECTION
722		-	24-38.5-101 (1), AND THE
723		-	DEPARTMENT OF TRANSPORTATION CREATED IN SECTION
724		-	43-1-103 (1).
725		-	(j) "S
726		-	USTAINABLE DEVELOPMENT PATTERN " MEANS A DEVELOPMENT
727		-	PATTERN THAT MAY BE EXTENDED IN A COST
728		-	-EFFECTIVE WAY THAT
729		-	MITIGATES HARM AND MINIMIZES THE NEED FOR ADDITIONAL RESOURCES TO
730		-	MAINTAIN THE DEVELOPMENT OVER TIME
731		-	.
732		-	(k) "T
733		-	RANSIT-ORIENTED DEVELOPMENT " MEANS A DEVELOPMENT
734		-	THAT IS WITHIN WALKING DISTANCE OF A TRANSIT OR OTHER ALTERNATIVE
735		-	TRANSPORTATION FACILITY
736		-	.
737		-	PAGE 16-HOUSE BILL 22-1304 (2) Multi-agency group - best practices. (a) T HE MULTI-AGENCY
738		-	GROUP SHALL ENCOURAGE THE INVOLVEMENT OF LOCAL GOVERNMENTS
739		-	ACROSS THE STATE IN THE GRANT PROGRAM
740		-	. THE MULTI-AGENCY GROUP,
741		-	WITH THE ASSISTANCE OF STAKEHOLDERS , SHALL DEVELOP A LIST OF
742		-	SUSTAINABLE LAND USE BEST PRACTICES THAT WILL ACCOMPLISH THE GOALS
743		-	OF THE GRANT PROGRAM AND IMPROVE A LOCAL GOVERNMENT
744		-	'S VIABILITY
745		-	IN BEING CONSIDERED FOR A GRANT AWARD
746		-	.
747		-	(b) T
748		-	HE SUSTAINABLE LAND USE BEST PRACTICES REFERENCED IN
749		-	SUBSECTION
750		-	(2)(a) OF THIS SECTION WILL ADDRESS ONE OR MORE OF THE
751		-	FOLLOWING
752		-	, WITHOUT LIMITATION:
753		-	(I) E
754		-	NABLING ACCESSORY DEVELOPMENT UNITS OR THE USE OF
755		-	MULTIPLEXES BY RIGHT IN RESIDENTIAL ZONES
756		-	;
	670	+	HE SUSTAINABLE LAND USE BEST PRACTICES REFERENCED IN25
	671	+	SUBSECTION (2)(a) OF THIS SECTION WILL ADDRESS ONE OR MORE OF THE26
	672	+	FOLLOWING, WITHOUT LIMITATION:27
	673	+	1304
	674	+	-21- (I) ENABLING ACCESSORY DEVELOPMENT UNITS OR THE USE OF1
	675	+	MULTIPLEXES BY RIGHT IN RESIDENTIAL ZONES ;2
757	676		(II) Z
758		-	ONING FOR MIXED-USE HIGHER DENSITY DEVELOPMENT IN
759		-	DOWNTOWN AREAS OF MUNICIPALITIES AND AROUND TRANSIT STATIONS
760		-	;
	677	+	ONING FOR MIXED-USE HIGHER DENSITY DEVELOPMENT IN3
	678	+	DOWNTOWN AREAS OF MUNICIPALITIES AND AROUND TRANSIT STATIONS ;4
761	679		(III) A
762		-	NNEXATION POLICIES;
	680	+	NNEXATION POLICIES;5
763	681		(IV) I
764		-	NTERGOVERNMENTAL AGREEMENTS THAT COORDINATE
765		-	FUTURE DEVELOPMENT
766		-	;
	682	+	NTERGOVERNMENTAL AGREEMENTS THAT COORDINATE6
	683	+	FUTURE DEVELOPMENT ;7
767	684		(V) R
768		-	EDUCED PARKING REQUIREMENTS ;
	685	+	EDUCED PARKING REQUIREMENTS ;8
769	686		(VI) R
770		-	ELAXED OCCUPANCY RULES ;
	687	+	ELAXED OCCUPANCY RULES ;9
771	688		(VII) B
772		-	UDGETING POLICIES;
	689	+	UDGETING POLICIES;10
773	690		(VIII) W
774		-	ATER RATE STRUCTURES;
	691	+	ATER RATE STRUCTURES;11
775	692		(IX) R
776		-	OAD STANDARDS;
	693	+	OAD STANDARDS;12
777	694		(X) H
778		-	AZARD RISK REDUCTION AND MITIGATION STANDARDS ;
	695	+	AZARD RISK REDUCTION AND MITIGATION STANDARDS ;13
779	696		(XI) E
780	697		NERGY EFFICIENT BUILDING CODES;
	698	+	14
781	699		(XII) Z
782		-	ONING FOR INNOVATIVE HOUSING OPTIONS , INCLUDING BUT
783		-	NOT LIMITED TO MODULAR
784		-	, MANUFACTURED, AND PREFABRICATED HOMES;
785		-	PAGE 17-HOUSE BILL 22-1304 (XIII) THE USE OF VACANT PUBLICLY OWNED REAL PROPERTY
786		-	WITHIN THE LOCAL GOVERNMENT FOR THE DEVELOPMENT OF AFFORDABLE
787		-	HOUSING
788		-	;
789		-	(XIV) P
790		-	LANNED UNIT DEVELOPMENTS WITH INTEGRATED
791		-	AFFORDABLE HOUSING UNITS
792		-	;
793		-	(XV) T
794		-	HE DEVELOPMENT OF SMALL SQUARE FOOTAGE RESIDENTIAL
795		-	UNIT SIZES
796		-	; OR
797		-	(XVI) ANY OTHER PRACTICE THAT IS DEEMED INNOVATIVE BY A
798		-	LOCAL GOVERNMENT AND APPROVED BY THE MULTI
799		-	-AGENCY WORKING
800		-	GROUP
801		-	.
	700	+	ONING FOR INNOVATIVE HOUSING OPTIONS , INCLUDING BUT15
	701	+	NOT LIMITED TO MODULAR , MANUFACTURED , AND PREFABRICATED16 HOMES;17
	702	+	(XIII) THE USE OF VACANT PUBLICLY OWNED REAL PROPERTY18
	703	+	WITHIN THE LOCAL GOVERNMENT FOR THE DEVELOPMENT OF AFFORDABLE19
	704	+	HOUSING;20
	705	+	(XIV) PLANNED UNIT DEVELOPMENTS WITH INTEGRATED21
	706	+	AFFORDABLE HOUSING UNITS;22
	707	+	(XV) THE DEVELOPMENT OF SMALL SQUARE FOOTAGE23
	708	+	RESIDENTIAL UNIT SIZES; OR24
	709	+	(XVI) ANY OTHER PRACTICE THAT IS DEEMED INNOVATIVE BY A25
	710	+	LOCAL GOVERNMENT AND APPROVED BY THE MULTI -AGENCY WORKING26
	711	+	GROUP.27
	712	+	1304
	713	+	-22- (c) THE MULTI-AGENCY GROUP SHALL DISTRIBUTE THE1
	714	+	SUSTAINABLE LAND USE PRACTICES DEVELOPED PURSUANT TO SUBSECTION2
	715	+	(2)(b)
	716	+	OF THIS SECTION TO LOCAL GOVERNMENTS SO THAT LOCAL3
	717	+	GOVERNMENTS MAY ANALYZE WHICH , IF ANY, OF THESE PRACTICES MIGHT4
	718	+	HAVE A POSITIVE IMPACT IN THEIR COMMUNITIES , AND THEN DETERMINE5
	719	+	HOW TO CUSTOMIZE THESE BEST PRACTICES AND ADOPT THEM IN THEIR6
	720	+	COMMUNITIES AS APPROPRIATE .7
	721	+	(3) Grant program - criteria for awarding grants. (a) T
	722	+	HE8
	723	+	INFRASTRUCTURE AND STRONG COMMUNITIES GRANT PROGRAM IS HEREBY9
	724	+	CREATED WITHIN THE DIVISION TO PROVIDE GRANTS TO ELIGIBLE LOCAL10
	725	+	GOVERNMENTS TO ENABLE LOCAL GOVERNMENTS TO INVEST IN INFILL11
	726	+	INFRASTRUCTURE PROJECTS THAT SUPPORT AFFORDABLE HOUSING .12
	727	+	(b) T
	728	+	HE DIVISION SHALL ADMINISTER THE GRANT
	729	+	PROGRAM, IN13
	730	+	CONSULTATION WITH THE COLORADO ENERGY OFFICE, CREATED IN14
	731	+	SECTION 24-38.5-101 (1), AND THE DEPARTMENT OF TRANSPORTATION,15
	732	+	CREATED IN SECTION 43-1-103 (1), AND, SUBJECT TO AVAILABLE16
	733	+	APPROPRIATIONS, AWARD GRANTS IN ACCORDANCE WITH THE17
	734	+	REQUIREMENTS OF THIS SECTION . SUBJECT TO AVAILABLE18
	735	+	APPROPRIATIONS, GRANTS MUST BE PAID OUT OF THE FUND CREATED IN19
	736	+	SUBSECTION (5) OF THIS SECTION.20
802	737		(c) T
803		-	HE MULTI-AGENCY GROUP SHALL DISTRIBUTE THE SUSTAINABLE
804		-	LAND USE PRACTICES DEVELOPED PURSUANT TO SUBSECTION
805		-	(2)(b) OF THIS
806		-	SECTION TO LOCAL GOVERNMENTS SO THAT LOCAL GOVERNMENTS MAY
807		-	ANALYZE WHICH
808		-	, IF ANY, OF THESE PRACTICES MIGHT HAVE A POSITIVE
809		-	IMPACT IN THEIR COMMUNITIES
810		-	, AND THEN DETERMINE HOW TO CUSTOMIZE
811		-	THESE BEST PRACTICES AND ADOPT THEM IN THEIR COMMUNITIES AS
812		-	APPROPRIATE
813		-	.
814		-	(3) Grant program - criteria for awarding grants. (a) T
815		-	HE
816		-	INFRASTRUCTURE AND STRONG COMMUNITIES GRANT PROGRAM IS HEREBY
817		-	CREATED WITHIN THE DIVISION TO PROVIDE GRANTS TO ELIGIBLE LOCAL
818		-	GOVERNMENTS TO ENABLE LOCAL GOVERNMENTS TO INVEST IN INFILL
819		-	INFRASTRUCTURE PROJECTS THAT SUPPORT AFFORDABLE HOUSING
820		-	.
	738	+	HE DIVISION SHALL DEVELOP POLICIES, PROCEDURES, AND21
	739	+	GUIDELINES THAT ESTABLISH THE CRITERIA THAT THE DIVISION MUST22
	740	+	CONSIDER IN AWARDING GRANTS PURSUANT TO THIS SECTION . AT A23
	741	+	MINIMUM, THE CRITERIA MUST INCLUDE THE CONSIDERATION OF :24
	742	+	(I) T
	743	+	HE POTENTIAL IMPACT OF A PROJECT THAT A LOCAL25
	744	+	GOVERNMENT WOULD FUND WITH A GRANT AWARD IN LIGHT OF THE GOALS26
	745	+	OF THE GRANT PROGRAM; AND27
	746	+	1304
	747	+	-23- (II) THE SUSTAINABLE LAND USE PRACTICES THAT THE LOCAL1
	748	+	GOVERNMENT HAS ADOPTED TO SUPPORT GREATER INFILL HOUSING2
	749	+	SUPPLY, MORE AFFORDABLE HOUSING , AND SUSTAINABLE DEVELOPMENT3
	750	+	PATTERNS.4
	751	+	(4) Policies, procedures, and guidelines governing use of grant5
	752	+	funds. (a) T
	753	+	HE DIVISION SHALL DEVELOP POLICIES AND PROCEDURES TO6
	754	+	DETERMINE HOW GRANTS FUNDED BY THE GRANT PROGRAM MAY BE USED .7
	755	+	(b) A
	756	+	T A MINIMUM, THE POLICIES, PROCEDURES, AND GUIDELINES8
	757	+	DEVELOPED PURSUANT TO SUBSECTION (4)(a) OF THIS SECTION MUST9
	758	+	REQUIRE THAT A GRANT AWARD BE USED, AT LEAST IN PART, TO FUND10
	759	+	INFRASTRUCTURE PROJECTS THAT INCREASE THE SUPPLY OF AFFORDABLE11
	760	+	HOUSING AND THAT ARE WITHIN OR ADJACENT TO A DOWNTOWN AREA, A12
	761	+	CORE BUSINESS DISTRICT OF A MUNICIPALITY, A TRANSIT-ORIENTED13
	762	+	DEVELOPMENT, OR THAT INCLUDE ONSITE EARLY CHILDHOOD CARE AND14
	763	+	EDUCATION SERVICES.15
	764	+	(c) THE DIVISION SHALL ENSURE FLEXIBILITY IS AFFORDED RURAL16
	765	+	COUNTIES TO BE ABLE TO SEEK GRANT FUNDING THAT ADDRESSES LOCAL17
	766	+	OBJECTIVES THAT ARE COMPATIBLE WITH THE GOALS UNDERLYING THE18
	767	+	GRANT PROGRAM.19
	768	+	(d) A PORTION OF ANY GRANT AWARD MAY BE USED FOR PROJECT20
	769	+	DELIVERY, PLANNING, AND COMMUNITY ENGAGEMENT .21
	770	+	(e) THE GENERAL ASSEMBLY HEREBY ENCOURAGES GRANT22
	771	+	RECIPIENTS TO EXPEND A PORTION OF ANY GRANT AWARD , WHENEVER23
	772	+	POSSIBLE, FOR FUNDING ACCESSIBILITY IMPROVEMENTS OR AMENITIES24
	773	+	THAT MAKE THE SITE OF THE PROJECT AGE-FRIENDLY AND ACCESSIBLE FOR25
	774	+	PERSONS WITH DISABILITIES.26
	775	+	(f) (I) NOT LATER THAN SEPTEMBER 1, 2022, THE DIVISION OF27
	776	+	1304
	777	+	-24- HOUSING, CREATED IN SECTION 24-32-704 (1), SHALL CLASSIFY EACH1
	778	+	COUNTY IN THE STATE AS "URBAN", "RURAL", OR "RURAL RESORT", AS2
	779	+	THOSE TERMS ARE USED IN THIS SECTION, BASED UPON THE DEFINITIONS3
	780	+	OF THE TERMS AS SPECIFIED IN THE FINAL REPORT OF THE COLORADO4
	781	+	STRATEGIC HOUSING WORKING GROUP FINAL REPORT , DATED JULY 6, 2021.5
	782	+	THE DIVISION OF HOUSING SHALL REGULARLY UPDATE AND PUBLISH6
	783	+	MODIFICATIONS OF THE INITIAL CLASSIFICATION OF A PARTICULAR COUNTY7
	784	+	AS IT RECEIVES OR PRODUCES INFORMATION DOCUMENTING CHANGES IN8
	785	+	LOCAL ECONOMIC CIRCUMSTANCES AND HOUSING COST FACTORS9
	786	+	MATERIALLY AFFECTING SUCH CLASSIFICATIONS .10
	787	+	(II) NOTWITHSTANDING SUBSECTION (4)(f)(I) OF THIS SECTION,11
	788	+	ANY COUNTY OR MUNICIPALITY MAY REQUEST FROM THE DIVISION OF12
	789	+	HOUSING:13
	790	+	(A) A DETERMINATION THAT A DIFFERENT INCOME RESTRICTION14
	791	+	SHOULD APPLY TO THAT COUNTY OR MUNICIPALITY FROM THE ONE MADE15
	792	+	APPLICABLE TO THE COUNTY OR MUNICIPALITY IN ACCORDANCE WITH16
	793	+	SUBSECTION (4)(f)(I) OF THIS SECTION BASED UPON THE UNIQUE17
	794	+	ECONOMIC AND HOUSING COST FACTORS PRESENT IN THE COUNTY OR18
	795	+	MUNICIPALITY. NOT LATER THAN SEPTEMBER 1, 2022, THE DIVISION OF19
	796	+	HOUSING SHALL PUBLISH ANY SUCH MODIFIED INCOME RESTRICTIONS AND20
	797	+	THE BASIS FOR ANY MODIFICATION APPROVED .21
	798	+	(B) AT ANY TIME, A RECLASSIFICATION OF THE COUNTY OR22
	799	+	MUNICIPALITY FROM THE CATEGORY IN WHICH THE COUNTY IS INITIALLY23
	800	+	CLASSIFIED PURSUANT TO SUBSECTION (4)(f)(I) OF THIS SECTION BASED24
	801	+	UPON THE UNIQUE ECONOMIC AND HOUSING COST FACTORS PRESENT IN25
	802	+	THE COUNTY OR MUNICIPALITY.26
	803	+	(5) Fund - administrative costs - permitted uses - gifts, grants,27
	804	+	1304
	805	+	-25- and donations. (a) T HE INFRASTRUCTURE AND STRONG COMMUNITIES1
	806	+	GRANT PROGRAM FUND IS HEREBY CREATED IN THE STATE TREASURY . THE2
	807	+	FUND CONSISTS OF ANY MONEY TRANSFERRED TO THE FUND , ANY MONEY3
	808	+	THAT THE GENERAL ASSEMBLY MAY APPROPRIATE TO THE FUND , AND ANY4
	809	+	GIFTS, GRANTS, OR DONATIONS THAT THE DIVISION RECEIVES FOR THE5
	810	+	GRANT PROGRAM PURSUANT TO SUBSECTION (5)(f) OF THIS SECTION. 6
821	811		(b) T
822		-	HE DIVISION SHALL ADMINISTER THE GRANT PROGRAM , IN
823		-	CONSULTATION WITH THE
824		-	COLORADO ENERGY OFFICE, CREATED IN SECTION
825		-	24-38.5-101 (1), AND THE DEPARTMENT OF TRANSPORTATION , CREATED IN
826		-	SECTION
827		-	43-1-103 (1), AND, SUBJECT TO AVAILABLE APPROPRIATIONS ,
828		-	AWARD GRANTS IN ACCORDANCE WITH THE REQUIREMENTS OF THIS SECTION .
829		-	S
830		-	UBJECT TO AVAILABLE APPROPRIATIONS, GRANTS MUST BE PAID OUT OF THE
831		-	FUND CREATED IN SUBSECTION
832		-	(5) OF THIS SECTION.
	812	+	HE STATE TREASURER SHALL CREDIT ALL INTEREST AND7
	813	+	INCOME DERIVED FROM THE INVESTMENT AND DEPOSIT OF MONEY IN THE8
	814	+	FUND TO THE FUND. ALL MONEY IN THE FUND THAT IS NOT EXPENDED OR9
	815	+	ENCUMBERED, AND ALL INTEREST EARNED ON THE INVESTMENT OR10
	816	+	DEPOSIT OF MONEY IN THE FUND, REMAINS IN THE FUND AND SHALL NOT11
	817	+	BE CREDITED, TRANSFERRED, OR REVERTED TO THE GENERAL FUND OR ANY12
	818	+	OTHER FUND AT THE END OF ANY FISCAL YEAR . THE MONEY IN THE FUND13
	819	+	IS CONTINUOUSLY APPROPRIATED TO THE DIVISION FOR THE PURPOSES OF14
	820	+	THIS SECTION.15
833	821		(c) T
834		-	HE DIVISION SHALL DEVELOP POLICIES , PROCEDURES, AND
835		-	GUIDELINES THAT ESTABLISH THE CRITERIA THAT THE DIVISION MUST
836		-	CONSIDER IN AWARDING GRANTS PURSUANT TO THIS SECTION
837		-	. AT A
838		-	MINIMUM
839		-	, THE CRITERIA MUST INCLUDE THE CONSIDERATION OF :
840		-	PAGE 18-HOUSE BILL 22-1304 (I) THE POTENTIAL IMPACT OF A PROJECT THAT A LOCAL
841		-	GOVERNMENT WOULD FUND WITH A GRANT AWARD IN LIGHT OF THE GOALS
842		-	OF THE GRANT PROGRAM
843		-	; AND
844		-	(II) THE SUSTAINABLE LAND USE PRACTICES THAT THE LOCAL
845		-	GOVERNMENT HAS ADOPTED TO SUPPORT GREATER INFILL HOUSING SUPPLY
846		-	,
847		-	MORE AFFORDABLE HOUSING , AND SUSTAINABLE DEVELOPMENT PATTERNS .
848		-	(4) Policies, procedures, and guidelines governing use of grant
849		-	funds. (a) T
850		-	HE DIVISION SHALL DEVELOP POLICIES AND PROCEDURES TO
851		-	DETERMINE HOW GRANTS FUNDED BY THE GRANT PROGRAM MAY BE USED
852		-	.
853		-	(b) A
854		-	T A MINIMUM, THE POLICIES, PROCEDURES, AND GUIDELINES
855		-	DEVELOPED PURSUANT TO SUBSECTION
856		-	(4)(a) OF THIS SECTION MUST
857		-	REQUIRE THAT A GRANT AWARD BE USED
858		-	, AT LEAST IN PART, TO FUND
859		-	INFRASTRUCTURE PROJECTS THAT INCREASE THE SUPPLY OF AFFORDABLE
860		-	HOUSING AND THAT ARE WITHIN OR ADJACENT TO A DOWNTOWN AREA
861		-	, A
862		-	CORE BUSINESS DISTRICT OF A MUNICIPALITY
863		-	, A TRANSIT-ORIENTED
864		-	DEVELOPMENT
865		-	, OR THAT INCLUDE ONSITE EARLY CHILDHOOD CARE AND
866		-	EDUCATION SERVICES
867		-	.
868		-	(c) T
869		-	HE DIVISION SHALL ENSURE FLEXIBILITY IS AFFORDED RURAL
870		-	COUNTIES TO BE ABLE TO SEEK GRANT FUNDING THAT ADDRESSES LOCAL
871		-	OBJECTIVES THAT ARE COMPATIBLE WITH THE GOALS UNDERLYING THE
872		-	GRANT PROGRAM
873		-	.
874		-	(d) A
875		-	PORTION OF ANY GRANT AWARD MAY BE USED FOR PROJECT
876		-	DELIVERY
877		-	, PLANNING, AND COMMUNITY ENGAGEMENT .
	822	+	HE DIVISION MAY ONLY USE THE MONEY IN THE FUND FOR ONE16
	823	+	OR MORE OF THE FOLLOWING USES :17
	824	+	(I) T
	825	+	HE COSTS OF ADMINISTERING THE GRANT PROGRAM AS MAY18
	826	+	BE INCURRED BY THE DIVISION. THE DEPARTMENT MAY EXPEND UP TO
	827	+	SIX19
	828	+	PERCENT OF THE MONEY APPROPRIATED OR TRANSFERRED TO THE FUND TO20
	829	+	PAY FOR ITS DIRECT AND INDIRECT COSTS IN CONNECTION WITH21
	830	+	ADMINISTERING THE USES OF GRANT FUNDING DESCRIBED IN SUBSECTION22
	831	+	(5)(c)(II)
	832	+	OF THIS SECTION.23
	833	+	(II) M
	834	+	AKING GRANTS TO ELIGIBLE LOCAL GOVERNMENTS24
	835	+	PURSUANT TO THE GRANT PROGRAM TO ASSIST SUCH LOCAL25
	836	+	GOVERNMENTS IN:26
	837	+	(A) I
	838	+	DENTIFYING SUSTAINABLE LAND USE BEST PRACTICES AND27
	839	+	1304
	840	+	-26- SUPPORTING SUSTAINABLE DEVELOPMENT PATTERNS ; 1
	841	+	(B) D
	842	+	ETERMINING WHERE AND HOW BEST TO UPGRADE LOCAL2
	843	+	GOVERNMENT INFRASTRUCTURE TO SUPPORT MORE EFFICIENT ,3
	844	+	SUSTAINABLE DEVELOPMENT PATTERNS THAT ENABLE GREATER4
	845	+	AFFORDABLE INFILL HOUSING
	846	+	DEVELOPMENT; AND5
	847	+	(C) FINANCING INFRASTRUCTURE IMPROVEMENTS .6
	848	+	(d) T
	849	+	HE COLORADO ENERGY OFFICE , CREATED IN SECTION7
	850	+	24-38.5-101
	851	+	(1), MAY USE MONEY IN THE FUND FOR THE DIRECT AND8
	852	+	INDIRECT COSTS OF EDUCATIONAL PROGRAMMING AND TECHNICAL9
	853	+	ASSISTANCE FOR LOCAL GOVERNMENTS THAT THE COLORADO ENERGY10
	854	+	OFFICE PROVIDES PURSUANT TO SECTION 24-32-132 (2).11
878	855		(e) T
879		-	HE GENERAL ASSEMBLY HEREBY ENCOURAGES GRANT
880		-	RECIPIENTS TO EXPEND A PORTION OF ANY GRANT AWARD
881		-	, WHENEVER
882		-	POSSIBLE
883		-	, FOR FUNDING ACCESSIBILITY IMPROVEMENTS OR AMENITIES THAT
884		-	MAKE THE SITE OF THE PROJECT AGE
885		-	-FRIENDLY AND ACCESSIBLE FOR
886		-	PERSONS WITH DISABILITIES
887		-	.
888		-	(f) (I) N
889		-	OT LATER THAN SEPTEMBER 1, 2022, THE DIVISION OF
890		-	HOUSING
891		-	, CREATED IN SECTION 24-32-704 (1), SHALL CLASSIFY EACH
892		-	COUNTY IN THE STATE AS
893		-	"URBAN", "RURAL", OR "RURAL RESORT", AS THOSE
894		-	TERMS ARE USED IN THIS SECTION
895		-	, BASED UPON THE DEFINITIONS OF THE
896		-	TERMS AS SPECIFIED IN THE FINAL REPORT OF THE
897		-	COLORADO STRATEGIC
898		-	PAGE 19-HOUSE BILL 22-1304 HOUSING WORKING GROUP FINAL REPORT , DATED JULY 6, 2021. THE
899		-	DIVISION OF HOUSING SHALL REGULARLY UPDATE AND PUBLISH
900		-	MODIFICATIONS OF THE INITIAL CLASSIFICATION OF A PARTICULAR COUNTY
901		-	AS IT RECEIVES OR PRODUCES INFORMATION DOCUMENTING CHANGES IN
902		-	LOCAL ECONOMIC CIRCUMSTANCES AND HOUSING COST FACTORS
903		-	MATERIALLY AFFECTING SUCH CLASSIFICATIONS
904		-	.
905		-	(II) N
906		-	OTWITHSTANDING SUBSECTION (4)(f)(I) OF THIS SECTION, ANY
907		-	COUNTY OR MUNICIPALITY MAY REQUEST FROM THE DIVISION OF HOUSING
908		-	:
909		-	(A) A
910		-	DETERMINATION THAT A DIFFERENT INCOME RESTRICTION
911		-	SHOULD APPLY TO THAT COUNTY OR MUNICIPALITY FROM THE ONE MADE
912		-	APPLICABLE TO THE COUNTY OR MUNICIPALITY IN ACCORDANCE WITH
913		-	SUBSECTION
914		-	(4)(f)(I) OF THIS SECTION BASED UPON THE UNIQUE ECONOMIC
915		-	AND HOUSING COST FACTORS PRESENT IN THE COUNTY OR MUNICIPALITY
916		-	.
917		-	N
918		-	OT LATER THAN SEPTEMBER 1, 2022, THE DIVISION OF HOUSING SHALL
919		-	PUBLISH ANY SUCH MODIFIED INCOME RESTRICTIONS AND THE BASIS FOR ANY
920		-	MODIFICATION APPROVED
921		-	.
922		-	(B) A
923		-	T ANY TIME, A RECLASSIFICATION OF THE COUNTY OR
924		-	MUNICIPALITY FROM THE CATEGORY IN WHICH THE COUNTY IS INITIALLY
925		-	CLASSIFIED PURSUANT TO SUBSECTION
926		-	(4)(f)(I) OF THIS SECTION BASED
927		-	UPON THE UNIQUE ECONOMIC AND HOUSING COST FACTORS PRESENT IN THE
928		-	COUNTY OR MUNICIPALITY
929		-	.
930		-	(5) Fund - administrative costs - permitted uses - gifts, grants,
931		-	and donations. (a) T
932		-	HE INFRASTRUCTURE AND STRONG COMMUNITIES
933		-	GRANT PROGRAM FUND IS HEREBY CREATED IN THE STATE TREASURY
934		-	. THE
935		-	FUND CONSISTS OF ANY MONEY TRANSFERRED TO THE FUND
936		-	, ANY MONEY
937		-	THAT THE GENERAL ASSEMBLY MAY APPROPRIATE TO THE FUND
938		-	, AND ANY
939		-	GIFTS
940		-	, GRANTS, OR DONATIONS THAT THE DIVISION RECEIVES FOR THE GRANT
941		-	PROGRAM PURSUANT TO SUBSECTION
942		-	(5)(f) OF THIS SECTION.
943		-	(b) T
944		-	HE STATE TREASURER SHALL CREDIT ALL INTEREST AND INCOME
945		-	DERIVED FROM THE INVESTMENT AND DEPOSIT OF MONEY IN THE FUND TO
946		-	THE FUND
947		-	. ALL MONEY IN THE FUND THAT IS NOT EXPENDED OR
948		-	ENCUMBERED
949		-	, AND ALL INTEREST EARNED ON THE INVESTMENT OR DEPOSIT
950		-	OF MONEY IN THE FUND
951		-	, REMAINS IN THE FUND AND SHALL NOT BE CREDITED,
952		-	TRANSFERRED, OR REVERTED TO THE GENERAL FUND OR ANY OTHER FUND
953		-	AT THE END OF ANY FISCAL YEAR
954		-	. THE MONEY IN THE FUND IS
955		-	PAGE 20-HOUSE BILL 22-1304 CONTINUOUSLY APPROPRIATED TO THE DIVISION FOR THE PURPOSES OF THIS
956		-	SECTION
957		-	.
958		-	(c) T
959		-	HE DIVISION MAY ONLY USE THE MONEY IN THE FUND FOR ONE
960		-	OR MORE OF THE FOLLOWING USES
961		-	:
	856	+	HE DEPARTMENT OF
	857	+	TRANSPORTATION, CREATED IN SECTION12
	858	+	43-1-103 (1), MAY USE MONEY IN THE FUND FOR THE DIRECT AND13
	859	+	INDIRECT COSTS OF EDUCATIONAL PROGRAMMING AND TECHNICAL14
	860	+	ASSISTANCE FOR LOCAL GOVERNMENTS THAT THE DEPARTMENT OF15
	861	+	TRANSPORTATION PROVIDES PURSUANT TO SECTION 24-32-132 (2).16
	862	+	(f) T
	863	+	HE DIVISION MAY SEEK, ACCEPT, AND EXPEND GIFTS, GRANTS,17
	864	+	OR DONATIONS FROM ANY PUBLIC OR PRIVATE RESOURCE FOR THE18
	865	+	PURPOSES OF THIS SECTION. THE DIVISION SHALL TRANSMIT ALL MONEY19
	866	+	RECEIVED FROM GIFTS, GRANTS, OR DONATIONS TO THE STATE TREASURER20
	867	+	WHO SHALL CREDIT THE MONEY TO THE FUND .21
	868	+	(6) Transfer of money to fund. O
	869	+	N THE EFFECTIVE DATE OF THIS22
	870	+	SECTION, OR AS SOON AS PRACTICABLE THEREAFTER , THE STATE23
	871	+	TREASURER SHALL TRANSFER TO THE FUND FORTY MILLION DOLLARS FROM
	872	+	24
	873	+	THE AFFORDABLE HOUSING AND HOME OWNERSHIP CASH FUND CREATED25
	874	+	IN SECTION 24-75-229 (3)(a) THAT ORIGINATES FROM MONEY THE STATE26
	875	+	RECEIVED FROM THE FEDERAL CORONAVIRUS STATE FISCAL RECOVERY27
	876	+	1304
	877	+	-27- FUND.1
	878	+	(7) Reporting. (a) O
	879	+	N OR BEFORE OCTOBER 1, 2023, AND ON OR2
	880	+	BEFORE OCTOBER 1 OF EACH YEAR THEREAFTER FOR THE DURATION OF3
	881	+	THE GRANT PROGRAM, THE DEPARTMENT SHALL SUBMIT A SUMMARIZED4
	882	+	REPORT ON THE GRANT PROGRAM TO THE SENATE LOCAL GOVERNMENT5
	883	+	COMMITTEE AND THE HOUSE OF REPRESENTATIVES LOCAL GOVERNMENT6
	884	+	COMMITTEE, OR ANY SUCCESSOR COMMITTEES . AT A MINIMUM, THE7
	885	+	REPORT MUST INCLUDE:8
962	886		(I) T
963		-	HE COSTS OF ADMINISTERING THE GRANT PROGRAM AS MAY BE
964		-	INCURRED BY THE DIVISION
965		-	. THE DEPARTMENT MAY EXPEND UP TO SIX
966		-	PERCENT OF THE MONEY APPROPRIATED OR TRANSFERRED TO THE FUND TO
967		-	PAY FOR ITS DIRECT AND INDIRECT COSTS IN CONNECTION WITH
968		-	ADMINISTERING THE USES OF GRANT FUNDING DESCRIBED IN SUBSECTION
969		-	(5)(c)(II) OF THIS SECTION.
970		-	(II) M
971		-	AKING GRANTS TO ELIGIBLE LOCAL GOVERNMENTS PURSUANT
972		-	TO THE GRANT PROGRAM TO ASSIST SUCH LOCAL GOVERNMENTS IN
973		-	:
974		-	(A) I
975		-	DENTIFYING SUSTAINABLE LAND USE BEST PRACTICES AND
976		-	SUPPORTING SUSTAINABLE DEVELOPMENT PATTERNS
977		-	;
978		-	(B) D
979		-	ETERMINING WHERE AND HOW BEST TO UPGRADE LOCAL
980		-	GOVERNMENT INFRASTRUCTURE TO SUPPORT MORE EFFICIENT
981		-	, SUSTAINABLE
982		-	DEVELOPMENT PATTERNS THAT ENABLE GREATER AFFORDABLE INFILL
983		-	HOUSING DEVELOPMENT
984		-	; AND
985		-	(C) FINANCING INFRASTRUCTURE IMPROVEMENTS .
986		-	(d) T
987		-	HE COLORADO ENERGY OFFICE , CREATED IN SECTION
988		-	24-38.5-101 (1), MAY USE MONEY IN THE FUND FOR THE DIRECT AND
989		-	INDIRECT COSTS OF EDUCATIONAL PROGRAMMING AND TECHNICAL
990		-	ASSISTANCE FOR LOCAL GOVERNMENTS THAT THE
991		-	COLORADO ENERGY
992		-	OFFICE PROVIDES PURSUANT TO SECTION
993		-	24-32-133 (2).
994		-	(e) T
995		-	HE DEPARTMENT OF TRANSPORTATION , CREATED IN SECTION
996		-	43-1-103 (1), MAY USE MONEY IN THE FUND FOR THE DIRECT AND INDIRECT
997		-	COSTS OF EDUCATIONAL PROGRAMMING AND TECHNICAL ASSISTANCE FOR
998		-	LOCAL GOVERNMENTS THAT THE DEPARTMENT OF TRANSPORTATION
999		-	PROVIDES PURSUANT TO SECTION
1000		-	24-32-133 (2).
1001		-	(f) T
1002		-	HE DIVISION MAY SEEK, ACCEPT, AND EXPEND GIFTS, GRANTS,
1003		-	OR DONATIONS FROM ANY PUBLIC OR PRIVATE RESOURCE FOR THE PURPOSES
1004		-	PAGE 21-HOUSE BILL 22-1304 OF THIS SECTION. THE DIVISION SHALL TRANSMIT ALL MONEY RECEIVED
1005		-	FROM GIFTS
1006		-	, GRANTS, OR DONATIONS TO THE STATE TREASURER WHO SHALL
1007		-	CREDIT THE MONEY TO THE FUND
1008		-	.
1009		-	(6) Transfer of money to fund. O
1010		-	N THE EFFECTIVE DATE OF THIS
1011		-	SECTION
1012		-	, OR AS SOON AS PRACTICABLE THEREAFTER, THE STATE TREASURER
1013		-	SHALL TRANSFER TO THE FUND FORTY MILLION DOLLARS FROM THE
1014		-	AFFORDABLE HOUSING AND HOME OWNERSHIP CASH FUND CREATED IN
1015		-	SECTION
1016		-	24-75-229 (3)(a) THAT ORIGINATES FROM MONEY THE STATE
1017		-	RECEIVED FROM THE FEDERAL CORONAVIRUS STATE FISCAL RECOVERY FUND
1018		-	.
1019		-	(7) Reporting. (a) O
1020		-	N OR BEFORE OCTOBER 1, 2023, AND ON OR
1021		-	BEFORE
1022		-	OCTOBER 1 OF EACH YEAR THEREAFTER FOR THE DURATION OF THE
1023		-	GRANT PROGRAM
1024		-	, THE DEPARTMENT SHALL SUBMIT A SUMMARIZED REPORT
1025		-	ON THE GRANT PROGRAM TO THE SENATE LOCAL GOVERNMENT COMMITTEE
1026		-	AND THE HOUSE OF REPRESENTATIVES LOCAL GOVERNMENT COMMITTEE
1027		-	, OR
1028		-	ANY SUCCESSOR COMMITTEES
1029		-	. AT A MINIMUM, THE REPORT MUST INCLUDE:
1030		-	(I) T
1031		-	HE NUMBER OF ADDITIONAL AFFORDABLE HOUSING UNITS AND
1032		-	OVERALL HOUSING UNITS PROJECTED TO BE CREATED AS A RESULT OF THE
1033		-	GRANT PROGRAM
1034		-	;
	887	+	HE NUMBER OF ADDITIONAL AFFORDABLE HOUSING UNITS AND9
	888	+	OVERALL HOUSING UNITS PROJECTED TO BE CREATED AS A RESULT OF THE10
	889	+	GRANT PROGRAM;11
1035	890		(II) T
1036		-	HE PROJECTED OR ESTIMATED REDUCTION IN GREENHOUSE GAS
1037		-	EMISSIONS AS A RESULT OF THE GRANT PROGRAM
1038		-	;
	891	+	HE PROJECTED OR ESTIMATED REDUCTION IN GREENHOUSE12
	892	+	GAS EMISSIONS AS A RESULT OF THE GRANT PROGRAM ;13
1039	893		(III) T
1040		-	HE ESTIMATED REDUCTION IN VEHICLE MILES TRAVELED AND
1041		-	HOUSEHOLD TRANSPORTATION SAVINGS AS RESULT OF THE GRANT PROGRAM
1042		-	;
1043		-	AND
1044		-	(IV) THE NUMBER AND TYPE OF BEST PRACTICES ADOPTED BY
1045		-	ELIGIBLE LOCAL GOVERNMENTS THAT HAVE RECEIVED GRANT AWARDS
1046		-	.
	894	+	HE ESTIMATED REDUCTION IN VEHICLE MILES TRAVELED AND14
	895	+	HOUSEHOLD TRANSPORTATION SAVINGS AS RESULT OF THE GRANT15
	896	+	PROGRAM; AND16
	897	+	(IV) T
	898	+	HE NUMBER AND TYPE OF BEST PRACTICES ADOPTED BY17
	899	+	ELIGIBLE LOCAL GOVERNMENTS THAT HAVE RECEIVED GRANT AWARDS .18
1047	900		(b) N
1048		-	OTWITHSTANDING SECTION 24-1-136 (11)(a)(I), THE REPORTING
1049		-	REQUIREMENT SPECIFIED IN SUBSECTION
1050		-	(7)(a) OF THIS SECTION CONTINUES
1051		-	UNTIL THE GRANT PROGRAM IS REPEALED IN ACCORDANCE WITH SUBSECTION
1052		-	(8) OF THIS SECTION.
1053		-	(c) T
1054		-	HE DIVISION AND ANY PERSON THAT RECEIVES MONEY FROM THE
1055		-	DIVISION PURSUANT TO THE GRANT PROGRAM SHALL COMPLY WITH THE
1056		-	COMPLIANCE
1057		-	, REPORTING, RECORD-KEEPING, AND PROGRAM EVALUATION
1058		-	PAGE 22-HOUSE BILL 22-1304 REQUIREMENTS ESTABLISHED BY THE OFFICE OF STATE PLANNING AND
1059		-	BUDGETING AND THE STATE CONTROLLER IN ACCORDANCE WITH SECTION
1060		-	24-75-226 (5).
	901	+	OTWITHSTANDING SECTION 24-1-136 (11)(a)(I), THE19
	902	+	REPORTING REQUIREMENT SPECIFIED IN SUBSECTION (7)(a) OF THIS20
	903	+	SECTION CONTINUES UNTIL THE GRANT PROGRAM IS REPEALED IN21
	904	+	ACCORDANCE WITH SUBSECTION (8) OF THIS SECTION.22
	905	+	(c) THE DIVISION AND ANY PERSON THAT RECEIVES MONEY FROM23
	906	+	THE DIVISION PURSUANT TO THE GRANT PROGRAM SHALL COMPLY WITH24
	907	+	THE COMPLIANCE, REPORTING, RECORD-KEEPING, AND PROGRAM25
	908	+	EVALUATION REQUIREMENTS ESTABLISHED BY THE OFFICE OF STATE26
	909	+	PLANNING AND BUDGETING AND THE STATE CONTROLLER IN ACCORDANCE27
	910	+	1304
	911	+	-28- WITH SECTION 24-75-226 (5).1
1061	912		(8) Repeal. T
1062		-	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31,
1063		-	2026.
1064		-	SECTION 6. In Colorado Revised Statutes, 24-32-104, add (8) as
1065		-	follows:
1066		-	24-32-104. Functions of the division - interconnectivity ~~grant~~
1067		-	program - interconnectivity grant program fund - reporting -
	913	+	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31,2
	914	+	2026.3
	915	+	SECTION 6. In Colorado Revised Statutes, 24-32-104, add (8)4
	916	+	as follows:5
	917	+	24-32-104. Functions of the division - interconnectivity grant6
	918	+	program - interconnectivity grant program fund - reporting -7
1068	919		definition. (8) T
1069		-	HE DIVISION SHALL ADMINISTER THE INFRASTRUCTURE AND
1070		-	STRONG COMMUNITIES GRANT PROGRAM CREATED IN SECTION
1071		-	24-32-133. IN
1072		-	CONNECTION WITH THE ADMINISTRATION OF THE GRANT PROGRAM
1073		-	, THE
1074		-	DIVISION SHALL CONSULT WITH THE
1075		-	COLORADO ENERGY OFFICE CREATED IN
1076		-	SECTION
1077		-	24-38.5-101 (1) AND THE DEPARTMENT OF TRANSPORTATION
1078		-	CREATED IN SECTION
1079		-	43-1-103 (1).
1080		-	SECTION 7. Appropriation. (1) For the 2022-23 state fiscal year,
1081		-	$431,985 is appropriated to the office of the governor. This appropriation
1082		-	consists of $319,450 from reappropriated funds received from the
1083		-	department of local affairs from the local investments in transformational
1084		-	affordable housing fund created in section 24-32-729 (4)(a), C.R.S., that
1085		-	originate from money the state received from the federal coronavirus state
1086		-	fiscal recovery fund and $112,535 from reappropriated funds received from
1087		-	the department of local affairs from the strong communities grant program
1088		-	fund created in section 24-32-133 (5), C.R.S. To implement this act, the
1089		-	office may use this appropriation as follows:
1090		-	(a) $379,081, which consists of $319,450 from reappropriated funds
1091		-	received from the department of local affairs from the local investments in
1092		-	transformational affordable housing fund and $59,631 from reappropriated
1093		-	funds received from the department of local affairs from the strong
1094		-	communities grant program fund, for use by the office of information
1095		-	technology to provide information technology services for the department
1096		-	of local affairs, which amount is based on an assumption that the office will
1097		-	require an additional 4.3 FTE to implement this act; and
1098		-	(b) $52,904 from reappropriated funds received from the department
1099		-	PAGE 23-HOUSE BILL 22-1304 of local affairs from the strong communities grant program fund created in
1100		-	section 24-32-133 (5), C.R.S., for use by the Colorado energy office for
1101		-	program administration, which amount is based on an assumption that the
1102		-	office will require an additional 0.5 FTE to implement this act.
1103		-	SECTION 8. Safety clause. The general assembly hereby finds,
1104		-	determines, and declares that this act is necessary for the immediate
1105		-	preservation of the public peace, health, or safety.
1106		-	____________________________ ____________________________
1107		-	Alec Garnett Steve Fenberg
1108		-	SPEAKER OF THE HOUSE PRESIDENT OF
1109		-	OF REPRESENTATIVES THE SENATE
1110		-	____________________________ ____________________________
1111		-	Robin Jones Cindi L. Markwell
1112		-	CHIEF CLERK OF THE HOUSE SECRETARY OF
1113		-	OF REPRESENTATIVES THE SENATE
1114		-	APPROVED________________________________________
1115		-	(Date and Time)
1116		-	_________________________________________
1117		-	Jared S. Polis
1118		-	GOVERNOR OF THE STATE OF COLORADO
1119		-	PAGE 24-HOUSE BILL 22-1304
	920	+	HE DIVISION SHALL ADMINISTER THE INFRASTRUCTURE8
	921	+	AND STRONG COMMUNITIES GRANT PROGRAM CREATED IN SECTION9
	922	+	24-32-132.
	923	+	IN CONNECTION WITH THE ADMINISTRATION OF THE GRANT10
	924	+	PROGRAM, THE DIVISION SHALL CONSULT WITH THE COLORADO ENERGY11
	925	+	OFFICE CREATED IN SECTION 24-38.5-101 (1) AND THE DEPARTMENT OF12
	926	+	TRANSPORTATION CREATED IN SECTION 43-1-103 (1).13
	927	+	SECTION 7. Appropriation. (1) For the 2022-23 state fiscal14
	928	+	year, $431,985 is appropriated to the office of the governor. This15
	929	+	appropriation consists of $319,450 from reappropriated funds received16
	930	+	from the department of local affairs from the local investments in17
	931	+	transformational affordable housing fund created in section 24-32-72618
	932	+	(4)(a), C.R.S., that originate from money the state received from the19
	933	+	federal coronavirus state fiscal recovery fund and $112,535 from20
	934	+	reappropriated funds received from the department of local affairs from21
	935	+	the strong communities grant program fund created in section 24-32-13222
	936	+	(5), C.R.S. To implement this act, the office may use this appropriation23
	937	+	as follows:24
	938	+	(a) $379,081, which consists of $319,450 from reappropriated25
	939	+	funds received from the department of local affairs from the local26
	940	+	investments in transformational affordable housing fund and $59,63127
	941	+	1304
	942	+	-29- from reappropriated funds received from the department of local affairs1
	943	+	from the strong communities grant program fund, for use by the office2
	944	+	of information technology to provide information technology services for3
	945	+	the department of local affairs, which amount is based on an assumption4
	946	+	that the office will require an additional 4.3 FTE to implement this act;5
	947	+	and6
	948	+	(b) $52,904 from reappropriated funds received from the7
	949	+	department of local affairs from the strong communities grant program8
	950	+	fund created in section 24-32-132 (5), C.R.S., for use by the Colorado9
	951	+	energy office for program administration, which amount is based on an10
	952	+	assumption that the office will require an additional 0.5 FTE to11
	953	+	implement this act.12
	954	+	SECTION 8. Safety clause. The general assembly hereby finds,13
	955	+	determines, and declares that this act is necessary for the immediate14
	956	+	preservation of the public peace, health, or safety.15
	957	+	1304
	958	+	-30-