Second Regular Session Seventy-fourth General Assembly STATE OF COLORADO INTRODUCED LLS NO. 24-0288.03 Pierce Lively x2059 HOUSE BILL 24-1313 House Committees Senate Committees Transportation, Housing & Local Government A BILL FOR AN ACT C ONCERNING MEASURES TO INCRE ASE THE AFFORDABILITY OF101 HOUSING IN TRANSIT-ORIENTED COMMUNITIES .102 Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov .) Section 1 of the bill establishes a category of local government: A transit-oriented community. As defined in the bill, a transit-oriented community is either a local government that: ! Is entirely within a metropolitan planning organization; ! Has a population of 4,000 or more; and ! Contains at least 75 acres of certain transit-related areas; or HOUSE SPONSORSHIP Woodrow and Jodeh, SENATE SPONSORSHIP Hansen and Winter F., Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. Capital letters or bold & italic numbers indicate new material to be added to existing law. Dashes through the words or numbers indicate deletions from existing law. If the local government is a county, contains either a part of: ! A transit station area that is both in an unincorporated part of the county and within one-half mile of a station that serves a commuter rail service or light rail service; or ! A transit corridor area that both is in an unincorporated part of the county and is fully encompassed by one or more municipalities. The bill requires a transit-oriented community to meet its housing opportunity goal and relatedly requires the department to: ! On or before July 31, 2024, publish a map that designates transit areas that transit-oriented communities shall use in calculating their housing opportunity goal; and ! On or before December 31, 2024, publish models and guidance to assist a transit-oriented community in meeting its housing opportunity goal. A housing opportunity goal is a zoning capacity goal determined based on an average zoned housing density and the amount of transit-related areas within a transit-oriented community. The bill requires a transit-oriented community to meet its housing opportunity goal by ensuring that enough areas in the transit-oriented community qualify as transit centers. In order to qualify as a transit center, an area must: ! Be composed of zoning districts that uniformly allow a net housing density of at least 15 units per acre; ! Identify the net housing density allowed by law; ! Meet a housing density established by the transit-oriented community; ! Not include any area where local law exclusively restricts housing occupancy based on age or other factors; ! Have an administrative approval process for multifamily residential property development on parcels that are 5 acres or less in size; ! Be composed of contiguous parcels, if located partially outside of a transit area; and ! Be located wholly within a transit area and not extend more than one-quarter mile from the edge of a transit area, unless the department allows otherwise. A transit-oriented community is required to demonstrate that it has met is housing opportunity goal by submitting a housing opportunity goal report to the department of local affairs (department). A housing opportunity goal report must include: ! The housing opportunity goal calculation that the transit-oriented community used in determining its housing opportunity goal; ! Evidence that the transit-oriented community has met its housing opportunity goal; HB24-1313 -2- ! A map that identifies the boundaries of any transit centers within the transit-oriented community; ! If relevant, a plan to address potential insufficient water supplies for meeting the transit-oriented community's housing opportunity goal; ! Affordability strategies that the transit-oriented community will implement in meeting its housing opportunity goal. The transit-oriented community shall select some of these strategies from the standard and long-term affordability strategies menus in the bill, and the transit-oriented community shall include an implementation plan describing how it will implement these strategies. ! Any displacement mitigation strategies that the transit-oriented community has or will adopt from the displacement mitigation strategies menu in the bill and an implementation plan describing how it will implement these strategies. Additionally, the bill requires a transit-oriented community to submit a progress report to the department every 3 years. After receiving a transit-oriented community's housing opportunity goal report, the department shall either approve the report or provide direction to the transit-oriented community for amending and resubmitting the report and require the transit-oriented community to resubmit the report. If a transit-oriented community does not submit a housing opportunity goal report to the department on or before December 31, 2026, or if the department does not approve a transit-oriented community's housing opportunity goal report, the department will designate the transit-oriented community as a nonqualified transit-oriented community. Similarly, if a transit-oriented community does not submit a progress report to the department every 3 years, or if the department does not approve a transit-oriented community's progress report, the department will designate the transit-oriented community as a nonqualified transit-oriented community. The state treasurer shall transfer any money that a nonqualified transit-oriented community would have otherwise been allocated from the highway users tax fund instead to the transit-oriented communities highway users tax account (account). The department shall not use any money in the account that is attributable to a specific nonqualified transit-oriented community until 180 days after the transit-oriented community became a nonqualified transit-oriented community. If a nonqualified transit-oriented community no longer qualifies as a nonqualified transit-oriented community during that 180-day period, the treasurer shall issue a warrant to the transit-oriented community for the amount of money that was diverted from the transit-oriented community to the account. HB24-1313 -3- If the department does not approve a transit-oriented community's housing opportunity goal report on or before December 31, 2027, the department may seek an injunction requiring the transit-oriented community to comply with the requirements of the bill. In addition to designating an area as a transit center for purposes of meeting a housing opportunity goal, the bill allows local governments to designate an area as a neighborhood center so long as the local government ensures that the area: ! Has an average zoned housing density sufficient to increase public transit ridership; ! Has an administrative approval process for multifamily residential property development on parcels that are no larger than a size determined by the department; ! Has a mixed-use walkable neighborhood; and ! Satisfies any other criteria required by the department. The bill also creates the transit-oriented communities infrastructure fund grant program (grant program) within the department. The purpose of the grant program is to assist local governments in upgrading infrastructure within transit centers and neighborhood centers. In administering the grant program, the department shall prioritize grant applicants based on the information in the reports described in the bill. Grants from the grant program are awarded from money in the transit-oriented communities infrastructure fund (fund). The fund consists of gifts, grants, and donations along with money that the general assembly may appropriate or transfer to the fund and money in the account described in the bill. The fund is continuously appropriated. On July 1, 2024, the state treasurer shall transfer $35 million from the general fund to the fund. Section 2 prohibits a planned unit development resolution or ordinance for a planned unit development that is adopted on or after the effective date of the bill and that applies within a transit-oriented center or neighborhood center from restricting the development of housing more than the local law that applies to that transit-oriented center or neighborhood center. Section 3 states that any restriction by a unit owners' association within a transit-oriented center or neighborhood center on the development of housing that is adopted on or after the effective date of the bill and is beyond the local law that applies to that transit-oriented center or neighborhood center is void as a matter of public policy. Sections 4 and 5 require the Colorado housing and financing authority to allocate tax credits under the state affordable housing tax credit to qualified housing developments within transit centers. Be it enacted by the General Assembly of the State of Colorado:1 HB24-1313-4- SECTION 1. In Colorado Revised Statutes, add article 35 to title1 29 as follows:2 ARTICLE 35 3 State Land Use Criteria For Strategic Growth4 PART 15 DEFINITIONS6 29-35-101. Short title. T HE SHORT TITLE OF THIS ARTICLE 35 IS7 THE "STATE LAND USE CRITERIA FOR STRATEGIC GROWTH ACT".8 29-35-102. Legislative declaration. (1) T HE GENERAL ASSEMBLY9 HEREBY FINDS, DETERMINES, AND DECLARES THAT:10 (a) S INCE THE "LOCAL GOVERNMENT LAND USE CONTROL11 E NABLING ACT OF 1974", ARTICLE 20 OF TITLE 29, WAS ADOPTED,12 C OLORADO'S POPULATION HAS MORE THAN DOUBLED , WITH THE STATE13 GROWING AT TWICE THE NATIONAL RATE BETWEEN 2010 AND 2020;14 (b) T HE COLORADO STATE DEMOGRAPHY OFFICE ESTIMATES THAT15 C OLORADO WILL ADD ONE MILLION SEVEN HUNDRED THOUSAND TWO16 HUNDRED PEOPLE BY 2050, BRINGING COLORADO'S POPULATION TO17 NEARLY SEVEN MILLION FIVE HUNDRED THOUSAND . THE NEED FOR18 HOUSING FOR THE GROWING POPULATION IS AN ISSUE THAT AFFECTS ALL19 C OLORADO COMMUNITIES REGARDLESS OF REGION OR SIZE . IN A20 BIPARTISAN POLL CONDUCTED BY THE COLORADO POLLING INSTITUTE IN21 N OVEMBER 2023, COLORADO VOTERS LISTED HOUSING AFFORDABILITY AS22 ONE OF THEIR TOP FIVE ISSUES FOR THE COLORADO STATE GOVERNMENT23 TO ADDRESS. THEREFORE, IT IS CRITICAL TO ADDRESS THE COST AND24 AVAILABILITY OF HOUSING ACROSS THE STATE TO ADDRESS HISTORIC25 POPULATION GROWTH.26 (c) I N EXPERIENCING SIGNIFICANT POPULATION GROWTH AT A TIME27 HB24-1313 -5- OF INCREASED VEHICLE OWNERSHIP AND COMMUTE TIMES , THE SUPPLY1 AND AFFORDABILITY OF HOUSING IN ONE COMMUNITY AFFECTS THE2 RESOURCES OF NEIGHBORING COMMUNITIES . COLORADO'S NEED FOR3 HOUSING IMPACTS THE STATE'S TRANSIT, TRANSPORTATION, EMPLOYMENT,4 ECONOMY, ENERGY, WATER, AND INFRASTRUCTURE AND REQUIRES5 INNOVATIVE, COLLABORATIVE SOLUTIONS.6 (d) C OLORADO'S HOUSING SUPPLY HAS NOT KEPT PACE WITH7 POPULATION GROWTH IN THE STATE . BETWEEN 2010 AND 2020,8 C OLORADO ADDED ONE HUNDRED TWENTY -SIX THOUSAND FEWER9 HOUSING UNITS THAN IN THE PRIOR DECADE , DESPITE COLORADO'S10 POPULATION INCREASING BY A SIMILAR AMOUNT IN EACH DECADE . THE11 STATE DEMOGRAPHER ESTIMATES THAT BETWEEN APPROXIMATELY12 SIXTY-FIVE THOUSAND AND NINETY THOUSAND HOUSING UNITS ARE13 NEEDED TO KEEP PACE WITH COLORADO'S CURRENT POPULATION GROWTH .14 (e) A CROSS THE STATE, COLORADO NEEDS MORE HOUSING15 URGENTLY TO SUPPORT OUR GROWING WORKFORCE , AND HOUSING16 OPPORTUNITIES ARE NEEDED ACROSS ALL INCOME LEVELS . ADDRESSING17 THE CRITICAL ISSUE OF COST AND AVAILABILITY OF HOUSING REQUIRES18 MAINTAINING AND EXPANDING ACCESS TO AFFORDABLE AND ATTAINABLE19 HOUSING BY REMOVING BARRIERS TO AND EXPEDITING NEW HOUSING20 OPPORTUNITIES FOR EVERY COMMUNITY , ESPECIALLY NEAR TRANSIT. AS21 HOUSING RENTS AND PRICES HAVE INCREASED FASTER THAN WAGES22 ACROSS THE STATE , INDIVIDUAL HOUSEHOLDS ARE EXPERIENCING23 DISPLACEMENT FROM HOMES THEY COULD ONCE AFFORD AND HAVING TO24 LIVE FARTHER FROM WORK WITH INCREASED COMMUTE TIMES . AS STATE25 AND LOCAL GOVERNMENTS SEEK TO INCREASE HOUSING OPTIONS AND26 ADDRESS AFFORDABILITY FOR RESIDENTS , IT IS ESSENTIAL TO PROVIDE27 HB24-1313 -6- SOLUTIONS THAT INCORPORATE TRANSIT NEEDS AS WELL .1 (f) B ETWEEN 2010 AND 2021, THE PERCENTAGE OF COLORADANS2 MAKING LESS THAN SEVENTY -FIVE THOUSAND DOLLARS A YEAR WHO3 WERE HOUSING COST-BURDENED, MEANING THEY SPEND MORE THAN4 THIRTY PERCENT OF THEIR INCOME ON HOUSING NEEDS , INCREASED FROM5 FIFTY-FOUR PERCENT TO SIXTY-ONE PERCENT, AND, FOR RENTERS MAKING6 LESS THAN SEVENTY -FIVE THOUSAND DOLLARS A YEAR , THAT7 PERCENTAGE INCREASED FROM FIFTY -NINE PERCENT TO SEVENTY-THREE8 PERCENT, ACCORDING TO THE AMERICAN COMMUNITY SURVEY;9 (g) N ATIONALLY, CITIES WITH THE HIGHEST HOUSING COSTS AND10 LOWEST VACANCY RATES EXPERIENCE THE HIGHEST RATES OF11 HOMELESSNESS, ACCORDING TO A REPORT BY THE URBAN INSTITUTE,12 "U NSHELTERED HOMELESSNESS: TRENDS, CHARACTERISTICS, AND13 H OMELESS HISTORIES". THESE INDICATORS EXPLAIN A GREATER PORTION14 OF THE VARIATION IN REGIONAL RATES OF HOMELESSNESS THAN OTHER15 COMMONLY ASSUMED FACTORS , SUCH AS POVERTY RATE, SUBSTANCE USE,16 OR MENTAL ILLNESS, ACCORDING TO A STUDY IN THE EUROPEAN JOURNAL17 OF HOUSING POLICY, "THE ECONOMICS OF HOMELESSNESS: THE18 E VIDENCE FROM NORTH AMERICA".19 (h) H OUSING PRICES ARE TYPICALLY HIGHER WHEN HOUSING20 SUPPLY IS RESTRICTED BY LOCAL LAND USE REGULATIONS IN A21 METROPOLITAN REGION, ACCORDING TO STUDIES SUCH AS THE NATIONAL22 B UREAU OF ECONOMIC RESEARCH WORKING PAPERS "REGULATION AND23 H OUSING SUPPLY" AND "THE IMPACT OF ZONING ON HOUSING24 A FFORDABILITY". INCREASING HOUSING SUPPLY MODERATES PRICE25 INCREASES AND IMPROVES HOUSING AFFORDABILITY ACROSS ALL26 INCOMES, ACCORDING TO STUDIES SUCH AS "THE ECONOMIC27 HB24-1313 -7- IMPLICATIONS OF HOUSING SUPPLY", IN THE JOURNAL OF ECONOMIC1 P ERSPECTIVES, AND "SUPPLY SKEPTICISM: HOUSING SUPPLY AND2 A FFORDABILITY", IN THE JOURNAL HOUSING POLICY DEBATE.3 (i) R ESEARCHERS HAVE FOUND SUBSTANTIAL EVIDENCE THAT NEW4 HOUSING CONSTRUCTION ENABLES HOUSEHOLDS TO MOVE WITHIN A5 REGION, OPENS UP HOUSING OPTIONS FOR MORE DIVERSE INCOME LEVELS ,6 AND PROMOTES COMPETITION THAT LIMITS HOUSING COST INCREASES ,7 ACCORDING TO THE NEW YORK UNIVERSITY LAW AND ECONOMICS8 RESEARCH PAPER "SUPPLY SKEPTICISM REVISITED". WHILE NEW HOUSING9 SUPPLY CAN RARELY MEET THE NEEDS OF THE LOWEST INCOME10 HOUSEHOLDS, ENABLING NEW HOUSING SUPPLY CAN MODERATE PRICE11 INCREASES AND REDUCE THE NUMBER OF HOUSEHOLDS THAT NEED12 SUBSIDIES TO AFFORD HOUSING . RESIDENT OPPOSITION FREQUENTLY13 LIMITS NEW HOUSING DEVELOPMENT IN EXISTING COMMUNITIES AND14 EITHER LEADS TO LESS HOUSING PRODUCTION AND INCREASED HOUSING15 COSTS OR PUSHES HOUSING DEVELOPMENT TO GREENFIELD AREAS WHERE16 THERE ARE FEWER NEIGHBORS BUT GREATER ENVIRONMENTAL AND FISCAL17 COSTS.18 29-35-103. Definitions. A S USED IN THIS ARTICLE 35, UNLESS THE19 CONTEXT OTHERWISE REQUIRES :20 (1) "A CCESSIBLE UNIT" MEANS A HOUSING UNIT THAT SATISFIES21 THE REQUIREMENTS OF THE FEDERAL "FAIR HOUSING ACT", 42 U.S.C. SEC.22 3601 ET SEQ., AS AMENDED, AND INCORPORATES UNIVERSAL DESIGN .23 (2) (a) "A DMINISTRATIVE APPROVAL PROCESS " MEANS A PROCESS24 IN WHICH:25 (I) A DEVELOPMENT PROPOSAL FOR A SPECIFIED PROJECT IS26 APPROVED, APPROVED WITH CONDITIONS , OR DENIED BY LOCAL27 HB24-1313 -8- GOVERNMENT ADMINISTRATIVE STAFF BASED SOLELY ON ITS COMPLIANCE1 WITH OBJECTIVE STANDARDS SET FORTH IN LOCAL LAWS ; AND2 (II) D OES NOT REQUIRE, AND CANNOT BE ELEVATED TO REQUIRE ,3 A PUBLIC HEARING, A RECOMMENDATION, OR A DECISION BY AN ELECTED4 OR APPOINTED PUBLIC BODY OR A HEARING OFFICER .5 (b) N OTWITHSTANDING SUBSECTION (2)(a) OF THIS SECTION, AN6 ADMINISTRATIVE APPROVAL PROCESS MAY REQUIRE AN APPOINTED7 HISTORIC PRESERVATION COMMISSION TO MAKE A DECISION , OR TO MAKE8 A RECOMMENDATION TO LOCAL GOVERNMENT ADMINISTRATIVE STAFF ,9 REGARDING A DEVELOPMENT APPLICATION INVOLVING A PROPERTY THAT10 THE LOCAL GOVERNMENT HAS DESI GNATED AS A HISTORIC PROPERTY ,11 PROVIDED THAT:12 (I) T HE STATE HISTORIC PRESERVATION OFFICE WITHIN HISTORY13 C OLORADO HAS DESIGNATED THE LOCAL GOVERNMENT AS A CERTIFIED14 LOCAL GOVERNMENT ; AND15 (II) T HE APPOINTED HISTORIC PRESERVATION COMMISSION 'S16 DECISION OR RECOMMENDATION IS BASED ON STANDARDS EITHER SET17 FORTH IN LOCAL LAW OR ESTABLISHED BY THE SECRETARY OF THE18 INTERIOR OF THE UNITED STATES.19 (3) "B US RAPID TRANSIT SERVICE" MEANS EITHER A BUS RAPID20 TRANSIT SERVICE INCLUDED IN A METROPOLITAN PLANNING21 ORGANIZATION'S FISCALLY CONSTRAINED LONG RANGE TRANSPORTATION22 PLAN OR A BUS-BASED TRANSIT SERVICE THAT INCLUDES AT LEAST THREE23 OF THE FOLLOWING:24 (a) S ERVICE THAT IS SCHEDULED TO RUN EVERY FIFTEEN MINUTES25 OR LESS DURING THE HIGHEST FREQUENCY SERVICE HOURS ;26 (b) D EDICATED LANES OR BUSWAYS ;27 HB24-1313 -9- (c) TRAFFIC SIGNAL PRIORITY;1 (d) O FF-BOARD FARE COLLECTION;2 (e) E LEVATED PLATFORMS; OR3 (f) E NHANCED STATIONS.4 (4) "C OMMUTER BUS RAPID TRANSIT SERVICE " MEANS A BUS RAPID5 TRANSIT SERVICE THAT OPERATES ON A LIMITED -ACCESS HIGHWAY FOR6 THE MAJORITY OF ITS ROUTE.7 (5) "C OMMUTER RAIL" MEANS A PASSENGER RAIL TRANSIT SERVICE8 BETWEEN AND WITHIN METROPOLITAN AND SUBURBAN AREAS .9 (6) "C OUNTY" MEANS A COUNTY INCLUDING A HOME RULE10 COUNTY.11 (7) "D EPARTMENT" MEANS THE DEPARTMENT OF LOCAL AFFAIRS . 12 (8) "D ISPLACEMENT" MEANS THE INVOLUNTARY RELOCATION OF13 RESIDENTS DUE TO INCREASED REAL ESTATE PRICES , RENTS, OR OTHER14 ECONOMIC FACTORS.15 (9) "L IGHT RAIL" MEANS A PASSENGER RAIL TRANSIT SERVICE16 THAT USES ELECTRICALLY POWERED RAIL -BORNE CARS.17 (10) "L OCAL GOVERNMENT" MEANS A MUNICIPALITY, COUNTY, OR18 TRIBAL NATION WITH JURISDICTION IN COLORADO.19 (11) "L OCAL LAW" MEANS ANY CODE, LAW, ORDINANCE, POLICY,20 REGULATION, OR RULE ENACTED BY A LOCAL GOVERNMENT THAT21 GOVERNS THE DEVELOPMENT AND USE OF LAND , INCLUDING BUT NOT22 LIMITED TO LAND USE CODES, ZONING CODES, AND SUBDIVISION CODES.23 (12) "M ETROPOLITAN PLANNING ORGANIZATION " MEANS A24 METROPOLITAN PLANNING ORGANIZATION UNDER THE "FEDERAL TRANSIT25 A CT OF 1998", 49 U.S.C. SEC. 5301 ET SEQ., AS AMENDED.26 (13) "M UNICIPALITY" MEANS A HOME RULE OR STATUTORY CITY27 HB24-1313 -10- OR TOWN, TERRITORIAL CHARTER CITY OR TOWN , OR CITY AND COUNTY.1 (14) "OBJECTIVE STANDARD" MEANS A STANDARD THAT:2 (a) I S A DEFINED BENCHMARK OR CRITERION THAT ALLOWS FOR3 DETERMINATIONS OF COMPLIANCE TO BE CONSISTENTLY DECIDED4 REGARDLESS OF THE DECISION MAKER ; AND5 (b) D OES NOT REQUIRE A SUBJECTIVE DETERMINATION6 CONCERNING A DEVELOPMENT PROPOSAL , INCLUDING BUT NOT LIMITED TO7 WHETHER THE APPLICATION FOR THE DEVELOPMENT PROPOSAL IS :8 (I) C ONSISTENT WITH MASTER PLANS , OR OTHER DEVELOPMENT9 PLANS;10 (II) C OMPATIBLE WITH THE LAND USE OR DEVELOPMENT OF THE11 AREA SURROUNDING THE AREA DESCRIBED IN THE APPLICATION ; OR12 (III) C ONSISTENT WITH PUBLIC WELFARE , COMMUNITY13 CHARACTER, OR NEIGHBORHOOD CHARACTER .14 (15) "U NIVERSAL DESIGN" MEANS ANY DWELLING UNIT DESIGNED15 AND CONSTRUCTED TO BE SAFE AND ACCESSIBLE FOR ANY INDIVIDUAL16 REGARDLESS OF AGE OR ABILITIES.17 (16) "U RBAN BUS RAPID TRANSIT SERVICE" MEANS A BUS RAPID18 TRANSIT SERVICE THAT OPERATES ON A SURFACE STREET FOR THE19 MAJORITY OF ITS ROUTE.20 (17) "V ISITABLE UNIT" MEANS A DWELLING UNIT THAT A PERSON21 WITH A DISABILITY CAN ENTER, MOVE AROUND THE PRIMARY ENTRANCE22 FLOOR OF, AND USE THE BATHROOM IN.23 PART 224 TRANSIT-ORIENTED COMMUNITIES25 29-35-201. Legislative declaration. (1) T HE GENERAL ASSEMBLY26 HEREBY FINDS, DETERMINES, AND DECLARES THAT:27 HB24-1313 -11- (a) MULTIFAMILY HOUSING IS TYPICALLY MORE AFFORDABLE THAN1 SINGLE-UNIT DWELLINGS. ACCORDING TO THE AMERICAN COMMUNITY2 S URVEY, COLORADO MULTIFAMILY UNITS COST BETWEEN FOURTEEN AND3 FORTY-THREE PERCENT LESS TO RENT IN 2019, DEPENDING ON THE SIZE OF4 THE BUILDING, COMPARED TO SINGLE-UNIT DETACHED DWELLINGS .5 (b) A LLOWING HIGHER DENSITY RESIDENTIAL DEVELOPMENT IS6 IMPORTANT FOR THE COST EFFECTIVENESS AND AVAILABILITY OF7 AFFORDABLE HOUSING . AN ANALYSIS OF OVER SIXTY AFFORDABLE8 HOUSING PROJECTS FUNDED BY THE U.S. DEPARTMENT OF HOUSING AND9 URBAN DEVELOPMENT IN TRANSIT -ORIENTED AREAS IN COLORADO SINCE10 2010 FOUND THAT HALF WERE DEVELOPED AT OVER FIFTY UNITS PER ACRE ,11 AND TWENTY PERCENT WERE OVER ONE HUNDRED UNITS PER ACRE .12 (c) T HROUGHOUT COLORADO, LESS THAN HALF OF AVAILABLE13 ZONING CAPACITY IS TYPICALLY UTILIZED, AND GREATER UTILIZATION OF14 ZONING CAPACITY IS NECESSARY TO MEET ANTICIPATED HOUSING NEEDS .15 N UMEROUS FACTORS CURRENTLY PREVENT DEVELOPMENT FROM FULLY16 UTILIZING AVAILABLE ZONING CAPACITY AND ALLOWED DENSITIES ,17 INCLUDING SITE LEVEL CONSTRAINTS , FINANCIAL FEASIBILITY AND18 DEMAND, AND LANDOWNERS' WILLINGNESS TO SELL OR REDEVELOP.19 (d) C OLORADO HAS INVESTED SIGNIFICANTLY IN PUBLIC TRANSIT20 IN THE LAST SEVERAL DECADES , FUNDING OVER SIX BILLION DOLLARS21 ACROSS EIGHTY-FIVE MILES OF NEW RAIL LINES. THE INVESTMENTS WILL22 CONTINUE IN THE COMING YEARS WITH NEW BUS RAPID TRANSIT AND RAIL23 SYSTEMS ALONG THE FRONT RANGE . DESPITE THESE INVESTMENTS ,24 TRANSIT RIDERSHIP LAGS BEHIND PEER AGENCIES AROUND THE COUNTRY ,25 DUE AT LEAST IN PART TO A LACK OF DENSITY NEAR THESE TRANSIT LINES .26 B EFORE THE COVID-19 PANDEMIC, THE REGIONAL TRANSPORTATION27 HB24-1313 -12- DISTRICT HAD TWO AND THREE-TENTHS RIDES PER VEHICLE REVENUE MILE1 ON THEIR RAIL SYSTEM, COMPARED TO OVER FOUR RIDES PER VEHICLE2 REVENUE MILE FOR AGENCIES IN MINNEAPOLIS AND PORTLAND AND OVER3 EIGHT RIDES PER VEHICLE REVENUE MILE IN SEATTLE, ACCORDING TO4 DATA FROM THE FEDERAL TRANSIT ADMINISTRATION 'S NATIONAL TRANSIT5 DATABASE.6 (e) A LLOWING HIGHER DENSITY RESIDENTIAL DEVELOPMENT NEAR7 TRANSIT IS IMPORTANT FOR INCREASING TRANSIT RIDERSHIP AND8 IMPROVING THE COST EFFECTIVENESS OF TRANSIT SERVICES .9 R ESEARCHERS HAVE FOUND THAT HIGHER BUILT GROSS DENSITIES10 CITYWIDE INCREASE COST-EFFECTIVENESS FOR LIGHT RAIL AND BUS RAPID11 TRANSIT SERVICES, AS DESCRIBED IN THE ARTICLE, "COST OF A RIDE: THE12 E FFECTS OF DENSITIES ON FIXED-GUIDEWAY TRANSIT RIDERSHIP AND13 C OSTS" BY ERICK GUERRA AND ROBERT CERVERO.14 (f) M OST LIGHT AND COMMUTER RAIL STATIONS AND FREQUENT15 BUS CORRIDORS IN COLORADO HAVE LOWER HOUSING UNIT DENSITY THAN16 IS NECESSARY TO SUPPORT FREQUENT TRANSIT . BASED ON 2020 CENSUS17 BLOCK HOUSING UNIT DATA , OVER NINETY PERCENT OF RAIL STATIONS18 AND EIGHTY-FOUR PERCENT OF BUS RAPID TRANSIT AND FREQUENT BUS19 CORRIDORS IN COLORADO HAVE LESS THAN FIFTEEN HOUSING UNITS PER20 ACRE ON AVERAGE WITHIN WALKING DISTANCE . RESEARCHERS HAVE21 GENERALLY FOUND A MINIMUM OF FIFTEEN HOUSING UNITS PER ACRE OF22 BUILT DENSITY IS NEEDED TO SUPPORT FREQUENT TRANSIT .23 (g) L IVING NEAR TRANSIT, JOBS, AND SERVICES ENABLES24 HOUSEHOLDS TO ALSO SAVE ON TRANSPORTATION COSTS BY OWNING25 FEWER VEHICLES AND REDUCING FUEL CONSUMPTION . COLORADANS26 COMMUTE OVER FIFTY MINUTES TO AND FROM WORK ON AVERAGE ,27 HB24-1313 -13- ACCORDING TO THE LATEST AMERICAN COMMUNITY SURVEY'S FIVE YEAR1 ESTIMATES. ANALYSES OF TRANSIT-ORIENTED COMMUNITIES HAVE FOUND2 THAT RESIDENTS TAKE AN AVERAGE OF FORTY -FOUR PERCENT FEWER3 VEHICLE TRIPS, ACCORDING TO THE ARTICLE "VEHICLE TRIP REDUCTION4 I MPACTS OF TRANSIT-ORIENTED HOUSING" IN THE JOURNAL OF PUBLIC5 T RANSPORTATION.6 (h) I N COLORADO, HOUSEHOLDS IN MORE DENSE AREAS , WHICH7 ARE DEFINED AS CENSUS TRACTS WITH MORE THAN FOUR THOUS AND UNITS8 PER SQUARE MILE OR ABOUT FIFTEEN UNITS PER ACRE , DRIVE TWENTY9 PERCENT LESS THAN THE STATE AVERAGE , AND HIGHER DENSITY AREAS,10 CENSUS TRACTS WITH MORE THAN TEN THOUSAND UNITS PER SQUARE MILE11 OR ABOUT FORTY UNITS PER ACRE, DRIVE FORTY PERCENT LESS THAN THE12 STATE AVERAGE, ACCORDING TO DATA FROM THE 2017 NATIONAL13 HOUSEHOLD TRAVEL SURVEY ;14 (i) H IGH TRANSPORTATION COSTS IMPACT LOW -INCOME15 HOUSEHOLDS IN PARTICULAR . HOUSEHOLDS MAKING LESS THAN FORTY16 THOUSAND DOLLARS PER YEAR IN THE WESTERN UNITED STATES ARE17 SPENDING OVER TWENTY -FOUR PERCENT OF THEIR INCOME ON18 TRANSPORTATION, WHEN SPENDING MORE THAN FIFTEEN PERCENT OF19 INCOME ON TRANSPORTATION IS CONSIDERED COST BURDENED ,20 ACCORDING TO DATA FROM THE BUREAU OF LABOR STATISTICS CONSUMER21 EXPENDITURE SURVEYS.22 (j) I N ADDITION TO SAVING ON TRANSPORTATION COSTS BY LIVING23 NEAR TRANSIT, OWNING FEWER VEHICLES AND TRAVELING TO WORK AND24 ACCESSING SERVICES WITHOUT DRIVING OR DRIVING LESS REDUCES25 GREENHOUSE GAS EMISSIONS AND AIR POLLUTION , WHICH IMPACTS AIR26 QUALITY NOT JUST IN TRANSIT-ORIENTED COMMUNITIES BUT IN GREATER27 HB24-1313 -14- REGIONS ACROSS THE STATE;1 (k) I N COLORADO, HOUSEHOLD ENERGY DEMAND ON AVERAGE IS2 SEVENTY PERCENT LESS FOR MULTIFAMILY HOUSING COMPARED TO3 SINGLE-UNIT DETACHED DWELLINGS , ACCORDING TO THE NATIONAL4 RENEWABLE ENERGY LABORATORY RESTOCK ANALYSIS TOOL ;5 (l) C OMPARED TO SINGLE-UNIT DETACHED DWELLINGS , SMALL6 MULTIFAMILY HOMES USE SIXTY -THREE PERCENT LESS WATER , AND7 LARGER MULTIFAMILY HOMES USE EIGHTY -SIX PERCENT LESS WATER,8 BASED ON DATA FROM DENVER AND AURORA WATER USERS ANALYZED9 FOR THE "COLORADO WATER AND GROWTH DIALOGUE FINAL REPORT" IN10 2018;11 (m) N ATIONAL STUDIES, SUCH AS THE ARTICLE "RELATIONSHIPS12 BETWEEN DENSITY AND PER CAPITA MUNICIPAL SPENDING IN THE UNITED13 S TATES", PUBLISHED IN URBAN SCIENCE, HAVE FOUND THAT LOWER14 DENSITY COMMUNITIES HAVE HIGHER GOVERNMENT CAPITAL AND15 MAINTENANCE COSTS FOR WATER , SEWER, AND TRANSPORTATION16 INFRASTRUCTURE AND LOWER PROPERTY AND SALES TAX REVENUE . THESE17 INCREASED COSTS ARE OFTEN BORNE BY BOTH STATE AND LOCAL18 GOVERNMENTS.19 (n) A STUDY FOR A MUNICIPALITY IN COLORADO FOUND THAT20 DOUBLING THE AVERAGE RESIDENTIAL DENSITY FOR FUTURE GROWTH21 WOULD SAVE THIRTY-ONE PERCENT IN CAPITAL AND MAINTENANCE COSTS22 OVER TWENTY YEARS;23 (o) A CCORDING TO A 2022 ARTICLE TITLED "DOES DISCRETION24 D ELAY DEVELOPMENT?" IN THE JOURNAL OF THE AMERICAN PLANNING25 A SSOCIATION, RESIDENTIAL PROJECTS USING ADMINISTRATIVE APPROVAL26 PROCESSES ARE APPROVED TWENTY -EIGHT PERCENT FASTER THAN THOSE27 HB24-1313 -15- USING DISCRETIONARY APPR OVAL PROCESSES , AND FASTER APPROVAL1 TIMES REDUCE DEVELOPER COSTS AND THEREFORE HOUSING COSTS .2 S TUDIES HAVE SHOWN THAT HOMEBUILDERS , INCLUDING AFFORDABLE3 HOUSING DEVELOPERS, WILL AVOID PARCELS THAT NEED TO GO THROUGH4 A DISCRETIONARY PROCESS.5 (p) C OMMUNITY OPPOSITION TO SPECIFIC AFFORDABLE HOUSING6 DEVELOPMENTS FREQUENTLY CAUSES DELAYS , INCREASES COSTS,7 REDUCES THE NUMBER OF HOUSING UNITS DELIVERED , PUSHES SITING OF8 AFFORDABLE HOUSING TO LESS OPPORTUNITY -RICH AREAS, AND PREVENTS9 DEVELOPMENTS FROM OCCURRING ALTOGETHER , ACCORDING TO STUDIES10 SUCH AS "DEMOCRACY IN ACTION? NIMBY AS IMPEDIMENT TO11 E QUITABLE AFFORDABLE HOUSING SITING" IN THE JOURNAL HOUSING12 S TUDIES;13 (q) R ESEARCHERS HAVE FOUND THAT UPWARD MOBILITY IS14 SIGNIFICANTLY GREATER IN MORE COMPACT DEVELOPMENT AREAS THAN15 IN LOW-DENSITY AREAS, PRIMARILY DUE TO BETTER JOB ACCESSIBILITY BY16 MULTIPLE TRANSPORTATION MODES , ACCORDING TO THE STUDY "DOES17 U RBAN SPRAWL HOLD DOWN UPWARD MOBILITY?", PUBLISHED IN THE18 J OURNAL OF LANDSCAPE AND URBAN PLANNING;19 (r) A CCORDING TO THE GREENHOUSE GAS POLLUTION REDUCTION20 ROADMAP PUBLISHED BY THE COLORADO ENERGY OFFICE , DATED21 J ANUARY 14, 2021, THE TRANSPORTATION SECTOR IS THE SINGLE LARGEST22 SOURCE OF GREENHOUSE GAS POLLUTION IN COLORADO. NEARLY SIXTY23 PERCENT OF THE GREENHOUSE GAS EMISSIONS FROM THE24 TRANSPORTATION SECTOR COME FROM LIGHT -DUTY VEHICLES, WHICH ARE25 THE MAJORITY OF CARS AND TRUCKS THAT COLORADANS DRIVE EVERY26 DAY.27 HB24-1313 -16- (s) MOTOR VEHICLE POLLUTION, INCLUDING GREENHOUSE GAS1 EMISSIONS, DOES NOT STAY WITHIN THE GEOGRAPHIC BOUNDARIES OF THE2 LOCAL GOVERNMENT WH ERE IT IS EMITTED ;3 (t) T HE GREENHOUSE GAS TRANSPORTATION PLANNING STANDARD4 ADOPTED BY THE TRANSPORTATION COMMISSION OF COLORADO IN 20215 SET A STATEWIDE TARGET TO REDUCE TRANSPORTATION GREENHOUSE GAS6 EMISSIONS THROUGH THE TRANSPORTATION PLANNING PROCESS BY ONE7 MILLION FIVE HUNDRED THOUSAND TONS BY 2030; AND8 (u) T HE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY9 HAS CLASSIFIED THE DENVER METRO AND NORTH FRONT RANGE AREA AS10 BEING IN SEVERE NON-ATTAINMENT FOR OZONE AND GROUND LEVEL11 OZONE, WHICH HAS SERIOUS IMPACTS ON HUMAN HEALTH , PARTICULARLY12 FOR VULNERABLE POPULATIONS .13 (2) T HE GENERAL ASSEMBLY FURTHER FINDS AND DECLARES THAT :14 (a) T HE CONSEQUENCES OF COMMUNITY OPPOSITION AND LOCAL15 LAND USE POLICIES THAT LIMIT HOUSING SUPPLY IN TRANSIT -ORIENTED16 COMMUNITIES IMPACT HOUSING OPTIONS FOR COLORADANS OF LOW AND17 MODERATE INCOMES AND WORKFORCE HOUSING TO SUPPORT18 EMPLOYMENT GROWTH . INCREASING HIGHER-DENSITY HOUSING IN19 TRANSIT-ORIENTED COMMUNITIES ENSURES STABLE QUANTITY AND20 QUALITY OF HOUSING FOR EVERYONE AND CORRECTS POLICIES THAT21 PERPETUATE SEGREGATED AND UNEQUAL COMMUNITIES , REDUCED22 MOBILITY AND LONG COMMUTES , REDUCED OPTIONS FOR OLDER ADULTS23 TO AGE IN THEIR COMMUNITY OF CHOICE , LOSS OF OPEN SPACE AND24 AGRICULTURAL LAND, HIGH WATER USAGE, AND INCREASED GREENHOUSE25 GAS AND AIR POLLUTION.26 (b) T HERE IS AN EXTRATERRITORIAL IMPACT WHEN LOCAL27 HB24-1313 -17- GOVERNMENTS RESTRICT HOUSING DEVELOPMENT WITHIN THEIR1 JURISDICTIONS. THE CALL FOR JOB GROWTH IN ONE COMMUNITY THAT2 DOES NOT ALSO ADDRESS THE NEED FOR ADDITIONAL HOUSING AFFECTS3 THE DEMAND OF HOUSING DEVELOPMENT IN NEIGHBORING JURISDICTIONS .4 I N COLORADO, THE NUMBER OF JOBS WITHIN LARGE MUNICIPALITIES IS5 GENERALLY CORRELATED TO THE MUNICIPALITY 'S TRANSIT SERVICE, AND6 RESEARCH HAS SHOWN THAT REGIONAL IMBALANCES BETWEEN JOBS AND7 HOUSING HAVE A SIGNIFICANT IMPACT ON VEHICLE MILES TRAVELED AND8 COMMUTE TIMES ACROSS JURISDICTIONS , ACCORDING TO STUDIES SUCH AS9 "W HICH REDUCES VEHICLE TRAVEL MORE: JOBS-HOUSING BALANCE OR10 R ETAIL-HOUSING MIXING?", PUBLISHED IN THE JOURNAL OF THE11 A MERICAN PLANNING ASSOCIATION. WHEN PEOPLE ARE UNABLE TO LIVE12 NEAR WHERE THEY WORK , WORKERS HAVE NO OPTIONS BUT TO SPEND13 MORE HOURS ON THE R OAD COMMUTING TO AND FROM WORK . THE14 LONGER COMMUTE INCREASES VEHICLE TRAFFIC AND PUTS ADDITIONAL15 STRAIN ON COLORADO'S ROADS AND INCREASES POLLUTION .16 (c) T HE AVAILABILITY OF AFFORDABLE HOUSING IS A MATTER OF17 MIXED STATEWIDE AND LOCAL CONCERN . THEREFORE, IT IS THE INTENT OF18 THE GENERAL ASSEMBLY IN ENACTING THIS PART 2 TO:19 (I) P ROVIDE FUNDING FOR INFRASTRUCTURE AND AFFORDABLE20 HOUSING TO SUPPORT LOCAL GOVERNMENTS WHOSE ZONING DOES MEET21 THE GOALS OF THIS PART 2, AND TO ENCOURAGE MORE DENSE22 MULTIFAMILY HOUSING DEVELOPMENT PROJECTS THAT CAN ADDRESS THE23 STATE'S HOUSING SHORTAGE FOR ALL PARTS OF THE INCOME SPECTRUM ,24 AND SUPPORT MORE FISCALLY AND ENVIRONMENTALLY SUSTAINABLE25 DEVELOPMENT PATTERNS ;26 (II) I MPROVE REGIONAL COLLABORATION AND OUTCOMES BY27 HB24-1313 -18- REDUCING THE ABILITY OF INDIVIDUAL LOCAL GOVERNMENTS ' LAND USE1 RESTRICTIONS TO NEGATIVELY INFLUENCE REGIONAL CONCERNS SUCH AS2 HOUSING AFFORDABILITY, OPEN SPACE, TRAFFIC, AND AIR POLLUTION; AND3 (III) C OLORADO HAS A LEGITIMATE STATE INTEREST IN MANAGING4 POPULATION AND DEVELOPMENT GROWTH AND ENSURING STABLE5 QUALITY AND QUANTITY OF HOUSING FOR COLORADANS; AND6 (d) C OLORADO HAS A LEGITIMATE STATE INTEREST IN MANAGING7 POPULATION AND DEVELOPMENT GROWTH AND ENSURING STABLE8 QUALITY AND QUANTITY OF HOUSING FOR COLORADANS AS THIS IS AMONG9 THE MOST PRESSING PROBLEMS CURRENTLY FACING COMMUNITIES10 THROUGHOUT COLORADO.11 (3) T HEREFORE, THE GENERAL ASSEMBLY FINDS, DETERMINES, AND12 DECLARES THAT THE LACK OF HOUSING SUPPLY AND UNSUSTAINABLE13 DEVELOPMENT PATTERNS REQUIRE A STATEWIDE SOLUTION THAT14 ADDRESSES LOCAL GOVERNMENT POLICIES THAT EFFECTIVELY LIMIT THE15 CONSTRUCTION OF A DIVERSE RANGE OF HOUSING TYPES IN AREAS16 ALREADY SERVED BY INFRASTRUCTURE OR IN CLOSE PROXIMITY TO JOBS17 AND PUBLIC TRANSIT , ALONG WITH A LACK OF FUNDING FOR18 INFRASTRUCTURE AND AFFORDABLE HOUSING NEAR TRANSIT -ORIENTED19 COMMUNITIES.20 (4) T HEREFORE, THE GENERAL ASSEMBLY DECLARES THAT21 INCREASING HOUSING IN TRANSIT-ORIENTED COMMUNITIES IS A MATTER22 OF MIXED STATEWIDE AND LOCAL CONCERN .23 29-35-202. Definitions. A S USED IN THIS PART 2, UNLESS THE24 CONTEXT OTHERWISE REQUIRES :25 (1) "A VERAGE ZONED HOUSING DENSITY " MEANS THE AVERAGE26 NET HOUSING DENSITY ALLOWED IN A ZONING DISTRICT OR DISTRICTS BY27 HB24-1313 -19- LOCAL LAW.1 (2) "E XEMPT PARCEL" MEANS:2 (a) A PARCEL THAT, AS OF JANUARY 1, 2024, IS NOT SERVED BY A3 DOMESTIC WATER AND SEWAGE TREATMENT SYSTEM , AS DEFINED IN4 SECTION 24-65.1-104 (5);5 (b) A PARCEL THAT, AS OF JANUARY 1, 2024, IS IN AN6 AGRICULTURAL, FORESTRY, NATURAL RESOURCE PRESERVATION , OR OPEN7 SPACE ZONING DISTRICT;8 (c) A PARCEL THAT, AS OF JANUARY 1, 2024, IS ZONED OR USED9 PRIMARILY FOR INDUSTRIAL USE , WHICH, FOR PURPOSES OF THIS10 SUBSECTION (2)(c), MEANS A BUSINESS USE OR ACTIVITY AT A SCALE11 GREATER THAN HOME I NDUSTRY INVOLVING MANUFACTURING ,12 FABRICATION, ASSEMBLY, WAREHOUSING, OR STORAGE;13 (d) A NY PART OF A PARCEL THAT, AS OF JANUARY 1, 2024, IS IN A14 FLOODWAY OR IN A ONE HUNDRED -YEAR FLOODPLAIN, AS IDENTIFIED BY15 THE FEDERAL EMERGENCY MANAGEMENT AGENCY ;16 (e) A PARCEL THAT, AS OF JANUARY 1, 2024, IS USED AS A17 CEMETERY, AS DEFINED IN SECTION 31-25-701 (2);18 (f) A NY PART OF A PARCEL THAT , AS OF JANUARY 1, 2024, IS19 SUBJECT TO A CONSERVATION EASEMENT ;20 (g) A PARCEL OR EASEMENT THAT , AS OF JANUARY 1, 2024, IS21 OWNED BY, USED AS, OR OPERATED BY AN AIRPORT;22 (h) A PUBLIC OR RAILROAD RIGHT-OF-WAY THAT EXISTS AS OF23 J ANUARY 1, 2024;24 (i) A PARCEL THAT, AS OF JANUARY 1, 2024, IS USED AS A MOBILE25 HOME PARK, AS DEFINED IN SECTION 38-12-201.5 (6);26 (j) A PARCEL THAT, AS OF JANUARY 1, 2024, IS FEDERAL OR STATE27 HB24-1313 -20- OWNED PROPERTY; OR1 (k) A NY PART OF A PARCEL THAT , AS OF JANUARY 1, 2024,2 INCLUDES LAND THAT IS PARK AND OPEN SPACE , AS DEFINED IN SECTION3 29-7.5-103 (2).4 (3) "H OUSING OPPORTUNITY GOAL " MEANS A GOAL FOR THE5 ZONING CAPACITY FOR RESIDENTIAL UNITS IN A TRANSIT -ORIENTED6 COMMUNITY. A LOCAL GOVERNMENT SHALL CALCULATE ITS HOUSING7 OPPORTUNITY GOAL PURSUANT TO SECTION 29-35-204 (2).8 (4) "M IXED-USE PEDESTRIAN-ORIENTED NEIGHBORHOOD " MEANS9 AN AREA THAT INTEGRATES LAND USE TYPES THAT INCLUDE RESIDENTIAL10 AND NONRESIDENTIAL USES WITHIN A WALKABLE NEIGHBORHOOD .11 (5) "N EIGHBORHOOD CENTER" MEANS AN AREA THAT BOTH MEETS12 THE REQUIREMENTS OF SECTION 29-35-207 AND IS DESIGNATED AS A13 NEIGHBORHOOD CENTER BY A LOCAL GOVERNMENT IN A METROPOLITAN14 PLANNING ORGANIZATION.15 (6) "N ET HOUSING DENSITY" MEANS THE NUMBER OF RESIDENTIAL16 UNITS ALLOWED PER ACRE OF LAND ON PARCELS THAT ALLOW FOR17 RESIDENTIAL DEVELOPMENT. IN CALCULATING NET HOUSING DENSITY FOR18 AN AREA, A LOCAL GOVERNMENT SHALL INCORPORATE ANY DIMENSIONAL19 OR OTHER RESTRICTIONS IN LOCAL LAWS USED TO REGULATE ALLOWED20 DENSITY IN THE AREA, INCLUDING BUT NOT LIMITED TO RESTRICTIONS21 RELATED TO UNITS PER ACRE, LOT AREA PER UNIT, LOT COVERAGE, SITE22 LEVEL OPEN SPACE REQUIREMENTS , FLOOR AREA RATIOS, SETBACKS,23 MINIMUM PARKING REQUIREMENTS , AND MAXIMUM HEIGHT.24 (7) (a) "N ONQUALIFIED TRANSIT-ORIENTED COMMUNITY" MEANS25 A TRANSIT-ORIENTED COMMUNITY THAT HAS NOT , AS OF DECEMBER 31,26 2026, MET ITS HOUSING OPPORTUNITY GOAL PURSUANT TO SECTION27 HB24-1313 -21- 29-35-204 (4).1 (b) W HEN A TRANSIT-ORIENTED COMMUNITY MEETS ITS HOUSING2 OPPORTUNITY GOAL PURSUANT TO SECTION 29-35-204 (4), A3 TRANSIT-ORIENTED COMMUNITY IS A "QUALIFIED TRANSIT-ORIENTED4 COMMUNITY".5 (8) "Q UALIFIED TRANSIT-ORIENTED COMMUNITY " MEANS A6 TRANSIT-ORIENTED COMMUNITY THAT HAS BOTH MET ITS HOUSING7 OPPORTUNITY GOAL AND HAD THE DEPARTMENT APPROVE EITHER THE8 TRANSIT-ORIENTED COMMUNITY 'S HOUSING OPPORTUNITY GOAL9 PURSUANT TO SECTION 29-35-204 (8), OR THE TRANSIT-ORIENTED10 COMMUNITY'S PROGRESS REPORT PURSUANT TO SECTION 29-35-204 (9).11 (9) "R EGULATED AFFORDABLE HOUSING " MEANS AFFORDABLE12 HOUSING THAT:13 (a) I S CREATED OR SUPPORTED BY PUBLIC SUBSIDIES , LOCAL14 INCLUSIONARY ZONING ORDINANCES , DEED RESTRICTIONS, OR OTHER15 REGULATIONS OR PROGRAMS ;16 (b) R ESTRICTS OR LIMITS MAXIMUM RENTAL OR SALE PRICE ; AND17 (c) R ESTRICTS RESIDENT INCOME LEVELS TO LOW - TO18 MODERATE-INCOME HOUSEHOLD LEVELS FOR A SPECIFIED PERIOD .19 (10) "T RANSIT AREA" MEANS BOTH A TRANSIT STATION AREA , AS20 DEFINED IN SUBSECTION (14) OF THIS SECTION, OR A TRANSIT CORRIDOR21 AREA, AS DEFINED IN SUBSECTION (12) OF THIS SECTION.22 (11) "T RANSIT CENTER" MEANS AN AREA THAT BOTH MEETS THE23 REQUIREMENTS OF SECTION 29-35-206 AND IS DESIGNATED AS A TRANSIT24 CENTER BY A TRANSIT-ORIENTED COMMUNITY .25 (12) "T RANSIT CORRIDOR AREA " MEANS THE TOTAL AREA ,26 MEASURED IN ACRES, WITHIN A TRANSIT-ORIENTED COMMUNITY THAT IS27 HB24-1313 -22- WITHIN ONE-QUARTER MILE OF A PUBLIC BUS ROUTE AND THAT EITHER :1 (a) H AS A SCHEDULED FREQUENCY OF FIFTEEN MINUTES OR LESS2 DURING THE HIGHEST FREQUENCY SERVICE HOURS ; OR3 (b) I S AN URBAN BUS RAPID TRANSIT SERVICE.4 (13) "T RANSIT-ORIENTED COMMUNITY " MEANS A LOCAL5 GOVERNMENT THAT:6 (a) I S EITHER ENTIRELY OR PARTIALLY WITHIN A METROPOLITAN7 PLANNING ORGANIZATION;8 (b) H AS A POPULATION OF FOUR THOUSAND OR MORE ACCORDING9 TO THE MOST RECENT DATA FROM THE STATE DEMOGRAPHY OFFICE ;10 (c) C ONTAINS AT LEAST SEVENTY-FIVE ACRES OF TRANSIT AREA;11 AND12 (d) I F THE LOCAL GOVERNMENT IS A COUNTY , CONTAINS EITHER:13 (I) A PART OF A TRANSIT STATION AREA THAT IS BOTH IN AN14 UNINCORPORATED PART OF THE COUNTY AND WITHIN ONE -HALF MILE OF15 A TRANSIT STATION THAT SERVES ONE OR BOTH OF A COMMUTER RAIL OR16 A LIGHT RAIL SERVICE; OR17 (II) A PART OF A TRANSIT CORRIDOR AREA THAT IS BOTH IN AN18 UNINCORPORATED PART OF THE COUNTY AND FULLY SURROUNDED BY ONE19 OR MORE MUNICIPALITIES.20 (14) "T RANSIT STATION AREA " MEANS THE TOTAL AREA ,21 MEASURED IN ACRES, WITHIN A TRANSIT-ORIENTED COMMUNITY THAT IS22 WITHIN ONE-HALF MILE OF A STATION THAT SERVES ONE OR MORE OF THE23 FOLLOWING:24 (a) C OMMUTER BUS RAPID TRANSIT SERVICE ;25 (b) C OMMUTER RAIL;26 (c) L IGHT RAIL; OR27 HB24-1313 -23- (d) A PUBLIC BUS ROUTE THAT HAS A SCHEDULED FREQUENCY OF1 FIFTEEN MINUTES OR LESS DURING THE HIGHEST FREQUENCY SERVICE2 HOURS AND OPERATES PRIMARILY ON AN INTERSTATE HIGHWAY .3 (15) "Z ONING CAPACITY" MEANS THE TOTAL NUMBER OF HOUSING4 UNITS ALLOWED IN AN AREA, AS LIMITED BY THE RESTRICTIONS IN LOCAL5 LAW THAT REGULATE DENSITY IN THAT AREA , INCLUDING BUT NOT6 LIMITED TO RESTRICTIONS RELATED TO UNITS PER ACRE , LOT AREA PER7 UNIT, LOT COVERAGE, SITE LEVEL OPEN SPACE REQUIREMENTS , FLOOR8 AREA RATIOS, SETBACKS, MINIMUM PARKING REQUIREMENTS , AND9 MAXIMUM HEIGHT.10 29-35-203. Department of local affairs collaboration. A S11 DETERMINED TO BE APPROPRIATE BY THE EXECUTIVE DIRECTOR OF THE12 DEPARTMENT, THE DEPARTMENT SHALL COLLABORATE WITH THE13 DEPARTMENT OF TRANSPORTATION AND THE COLORADO ENERGY OFFICE14 IN FULFILLING THE REQUIREMENTS OF THIS PART 2.15 29-35-204. Transit-oriented community housing opportunity16 goal calculation - preliminary transit-oriented community assessment17 report - housing opportunity goal compliance - insufficient water18 supplies for meeting a housing opportunity goal - affordability and19 displacement mitigation strategies - housing opportunity goal report20 - legislative declaration. (1) Legislative declaration. T HE GENERAL21 ASSEMBLY HEREBY FINDS AND DECLARES THAT :22 (a) T RANSIT RIDERSHIP, LAND USE DEVELOPMENT PATTERNS ,23 AFFORDABILITY AND AVAILABILITY OF HOUSING , ROADS, AND24 GREENHOUSE GAS EMISSIONS FROM THE TRANSPORTATION SECTOR ARE25 INTERCONNECTED ISSUES THAT HAVE IMPACTS AND CONCERNS WELL26 BEYOND THE BORDERS OF A SINGLE LOCAL COMMUNITY ;27 HB24-1313 -24- (b) COLORADO HAS AN INTEREST IN ENSURING A STABLE QUANTITY1 AND QUALITY OF HOUSING IN ALIGNMENT WITH POPULATION GROWTH AND2 ENSURING THAT SHARED RESOURCES , INVESTMENTS, AND GOALS SUCH AS3 ROADS, INFRASTRUCTURE, TRANSIT, AIR QUALITY, WATER, AND4 GREENHOUSE GAS MITIGATION , ARE PROTECTED IN THE PROCESS; AND5 (c) I NCREASING HOUSING DENSITY IN TRANSIT -ORIENTED6 COMMUNITIES IS A MATTER OF MIXED STATEWIDE AND LOCAL CONCERN7 THAT REQUIRES STATEWIDE COOPERATION .8 (2) Housing opportunity goal calculation. (a) A9 TRANSIT-ORIENTED COMMUNITY SHALL CALCULATE ITS HOUSING10 OPPORTUNITY GOAL BY MULTIPLYING THE TOTAL AREA OF THE TRANSIT11 AREAS WITHIN THE LOCAL GOVERNMENT 'S JURISDICTION, EXCLUSIVE OF12 THE EXEMPT PARCELS IN THOSE TRANSIT AREAS , BY AN AVERAGE ZONED13 HOUSING DENSITY OF FORTY UNITS PER ACRE .14 (b) I N DETERMINING WHETHER A PARCEL QUALIFIES AS AN EXEMPT15 PARCEL FOR THE PURPOSE OF CALCULATING ITS HOUSING OPPORTUNITY16 GOAL, A TRANSIT-ORIENTED COMMUNITY SHALL INTERPRET INFORMATION17 INFORMING ITS DETERMINATION IN A MANNER THAT RESULTS IN18 DETERMINING THAT THE SMALLEST AREA OF PARCELS AS REASONABLY19 POSSIBLE ARE EXEMPT PARCELS.20 (3) Preliminary transit-oriented community assessment report.21 (a) O N OR BEFORE JANUARY 31, 2025, A TRANSIT-ORIENTED COMMUNITY22 SHALL, IN A FORM AND MANNER D ETERMINED BY THE DEPARTMENT ,23 SUBMIT A PRELIMINARY TRANSIT -ORIENTED COMMUNITY ASSESSMENT24 REPORT THAT INCLUDES:25 (I) T HE TRANSIT-ORIENTED COMMUNITY'S HOUSING OPPORTUNITY26 GOAL AND THE DATA AND METHOD THE TRANSIT -ORIENTED COMMUNITY27 HB24-1313 -25- USED TO CALCULATE ITS HOUSING OPPORTUNITY GOAL ; AND1 (II) A MAP OF EXISTING ZONING DISTRICTS WITHIN THE2 TRANSIT-ORIENTED COMMUNITY THAT MAY QUALIFY AS TRANSIT CENTERS3 AND PRELIMINARY EVIDENCE FOR THIS QUALIFICATION INCLUDING THE4 STANDARDS APPLICABLE TO THESE ZONING DISTRICTS .5 (b) T HE DEPARTMENT SHALL REVIEW A PRELIMINARY6 TRANSIT-ORIENTED COMMUNITY ASSESSMENT REPORT SUBMITTED BY A7 TRANSIT-ORIENTED COMMUNITY PURSUANT TO THIS SUBSECTION (3) AND8 EITHER PROVIDE WRITTEN NOTICE APPROVING THE REPORT OR PROVIDE9 DIRECTION FOR AMENDING AND RESUBMITTING THE REPORT .10 (4) Housing opportunity goal compliance. (a) I F A11 TRANSIT-ORIENTED COMMUNITY DOES NOT MEET ITS HOUSING12 OPPORTUNITY GOAL ON OR BEFORE DECEMBER 31, 2026, THE13 DEPARTMENT SHALL DESIGNATE THE TRANSIT -ORIENTED COMMUNITY AS14 A NONQUALIFIED TRANSIT-ORIENTED COMMUNITY .15 (b) O N OR BEFORE DECEMBER 31, 2027, A TRANSIT-ORIENTED16 COMMUNITY SHALL MEET ITS HOUSING OPPORTUNITY GOAL .17 (c) T O ENSURE THAT A TRANSIT-ORIENTED COMMUNITY MEETS ITS18 HOUSING OPPORTUNITY GOAL , A TRANSIT-ORIENTED COMMUNITY SHALL :19 (I) D ESIGNATE AREAS WITHIN THE TRANSIT-ORIENTED COMMUNITY20 AS TRANSIT CENTERS AND ENSURE THAT THOSE AREAS SATISFY THE21 REQUIREMENTS IN SECTION 29-35-206;22 (II) E NSURE THAT THE TOTAL ZONING CAPACITY FOR ALL TRANSIT23 CENTERS WITHIN THE TRANSIT-ORIENTED COMMUNITY IS GREATER THAN24 OR EQUAL TO THE TRANSIT -ORIENTED COMMUNITY 'S HOUSING25 OPPORTUNITY GOAL; AND26 (III) S UBMIT A HOUSING OPPORTUNITY GOAL REPORT AND HAVE27 HB24-1313 -26- THE REPORT APPROVED BY THE DEPARTMENT PURSUANT TO SUBSECTION1 (8) OF THIS SECTION.2 (5) Insufficient water supplies for meeting a housing3 opportunity goal. (a) O N OR BEFORE DECEMBER 31, 2026, AND EVERY4 THREE YEARS THEREAFTER , A TRANSIT-ORIENTED COMMUNITY MAY5 NOTIFY THE DEPARTMENT, IN A FORM AND MANNER DETERMINED BY THE6 DEPARTMENT, THAT A WATER SUPPLY ENTITY , AS DEFINED IN SECTION7 29-20-302 (2), THAT SUPPLIES WATER TO AN AREA WITHIN THE8 TRANSIT-ORIENTED COMMUNITY HAS DETERMINED THAT THE WATER9 SUPPLY ENTITY DOES NOT HAVE SUFFICIENT AVAILABLE WATER SUPPLIES10 DURING THE MOST RECENT THREE -YEAR PERIOD TO PROVIDE THE11 DOMESTIC WATER SERVICE NECESSARY TO MEET THE TRANSIT -ORIENTED12 COMMUNITY'S HOUSING OPPORTUNITY GOAL IN THAT AREA . THE WATER13 SUPPLY ENTITY SHALL PROVIDE INFORMATION AND ASSISTANCE AS14 NECESSARY TO COMPLETE THE NOTICE ALLOWED BY THIS SUBSECTION (5).15 T HE NOTICE ALLOWED BY THIS SUBSECTION (5) MUST INCLUDE, BUT IS NOT16 LIMITED TO:17 (I) A N ANALYSIS OF THE WATER SUPPLY ENTITY 'S ABILITY TO18 ADOPT A PREFERENCE POLICY FOR WATER SUPPLY ALLOCATIONS FOR19 REGULATED AFFORDABLE HOUSING AND MULTIFAMILY HOUSING WITHIN20 TRANSIT CENTERS IN THE TRANSIT -ORIENTED COMMUNITY THAT21 INCORPORATES WATER USAGE DATA FOR DIFFERENT HOUSING TYPES ;22 (II) A N ANALYSIS OF THE DIFFERENCE BETWEEN :23 (A) A N ESTIMATE OF THE AMOUNT OF HOUSING IN THE TRANSIT24 CENTERS THAT THE WATER SUPPLY ENTITY PROVIDES WATER SERVICES TO25 AS OF JANUARY 1, 2024; AND26 (B) T HE ZONING CAPACITY THAT EXISTS IN THE TRANSIT CENTERS27 HB24-1313 -27- THAT THE WATER SUPPLY ENTITY PROVIDES , OR IS COMMITTED TO1 PROVIDE, WATER SERVICE TO AS OF JANUARY 1, 2024;2 (III) A N ANALYSIS OF PROJECTED HOUSING AND POPULATION3 GROWTH FROM THE STATE DEMOGRAPHY OFFICE OR RELEVANT4 METROPOLITAN PLANNING ORGANIZATION IN THE AREA WITHIN THE5 TRANSIT-ORIENTED COMMUNITY THAT THE WATER SUPPLY ENTITY6 PROVIDES DOMESTIC WATER SERVICES TO ;7 (IV) (A) A COMPARISON OF THE ANALYSES IN SUBSECTIONS8 (5)(a)(II), AND (5)(a)(III) OF THIS SECTION AND AN APPLICATION OF THESE9 ANALYSES TO THE ESTIMATED WATER NEEDED TO SUPPLY DOMESTIC10 WATER SERVICE FOR THE TRANSIT CENTERS THAT THE WATER SUPPLY11 ENTITY CURRENTLY PROVIDES WATER SERVICES TO FOR THE12 TRANSIT-ORIENTED COMMUNITY TO MEET ITS HOUSING OPPORTUNITY13 GOAL; AND 14 (B) A NY DATA, PROFESSIONAL OPINIONS, OR OTHER INFORMATION15 USED TO CREATE THE ANALYSIS IN THIS SUBSECTION (5)(a)(IV);16 (V) D OCUMENTATION DEMONSTRATING BOTH AN UP -TO-DATE17 WATER SUPPLY PLAN THAT COMPLIES WITH SECTION 29-20-304 (3) AND AN18 UP-TO-DATE WATER EFFICIENCY PLAN THAT COMPLIES WITH SECTION19 37-60-126 (1) THROUGH (5);20 (VI) A PROPOSAL THAT MAY INCLUDE:21 (A) A REQUEST FOR AN AMOUNT OF ADDITIONAL TIME FOR THE22 TRANSIT-ORIENTED COMMUNITY TO MEET ITS HOUSING OPPORTUNITY23 GOAL IN A MANNER THAT WILL ALLOW THE WATER SUPPLY ENTITY TO24 PROVIDE THE NECESSARY DOMESTIC WATER SERVICES ; AND25 (B) A N ACTION PLAN BASED ON THE ANALYSES IN SUBSECTIONS26 (5)(a)(I) THROUGH (5)(a)(IV) OF THIS SECTION.27 HB24-1313 -28- (b) UPON RECEIVING THE NOTICE DESCRIBED IN SUBSECTION (5)(a)1 OF THIS SECTION, THE DEPARTMENT SHALL REVIEW THE NOTICE AND2 DETERMINE WHETHER TO ACCEPT , PROVIDE COMMENT ON, OR DENY THE3 PROPOSAL DESCRIBED IN SUBSECTION (5)(a)(VI) OF THIS SECTION.4 (6) Affordability strategies. (a) O N OR BEFORE DECEMBER 31,5 2026, A TRANSIT-ORIENTED COMMUNITY SHALL IDENTIFY AFFORDABILITY6 STRATEGIES THAT IT WILL IMPLEMENT WHILE MEETING ITS HOUSING7 OPPORTUNITY GOAL. IN SO DOING, THE TRANSIT-ORIENTED COMMUNITY8 SHALL IDENTIFY AFFORDABILITY STRATEGIES BASED ON THE9 DEMONSTRATED HOUSING NEEDS WITHIN THE TRANSIT -ORIENTED10 COMMUNITY INCLUDING FOR -SALE AND RENTAL HOUSING NEEDS AND THE11 HOUSING NEEDS OF LOW -, MODERATE-, AND MEDIUM -INCOME12 HOUSEHOLDS, AS DESIGNATED BY THE UNITED STATES DEPARTMENT OF13 HOUSING AND URBAN DEVELOPMENT .14 (b) (I) O N OR BEFORE DECEMBER 31, 2026, A TRANSIT-ORIENTED15 COMMUNITY SHALL INCLUDE THE FOLLOWING IN ITS HOUSING16 OPPORTUNITY GOAL REPORT SUBMITTED PURSUANT TO SUBSECTION17 (8)(a)(IV) OF THIS SECTION:18 (A) A T LEAST TWO STRATEGIES INCLUDED IN THE STANDARD19 AFFORDABILITY STRATEGIES MENU DESCRIBED IN SECTION 29-35-209 (1)20 THAT THE TRANSIT-ORIENTED COMMUNITY IDENTIFIED PURSUANT TO21 SUBSECTION (6)(a) OF THIS SECTION AND INTENDS TO IMPLEMENT ;22 (B) A T LEAST ONE STRATEGY INCLUDED IN THE LONG -TERM23 AFFORDABILITY STRATEGIES MENU DESCRIBED IN SECTION 29-35-209 (2)24 THAT THE TRANSIT-ORIENTED COMMUNITY IDENTIFIED PURSUANT TO25 SUBSECTION (6)(a) OF THIS SECTION AND INTENDS TO IMPLEMENT ; AND26 (C) A N IMPLEMENTATION PLAN DESCRIBING HOW THE27 HB24-1313 -29- TRANSIT-ORIENTED COMMUNITY HAS OR WILL IMPLEMENT THE1 AFFORDABILITY STRATEGIES IDENTIFIED PURSUANT TO SUBSECTIONS2 (6)(b)(I)(A) AND (6)(b)(I)(B) OF THIS SECTION.3 (II) F OR PURPOSES OF SATISFYING THE REQUIREMENTS OF THIS4 SUBSECTION (6)(b), A TRANSIT-ORIENTED COMMUNITY SHALL NOT :5 (A) C OUNT ONE OR BOTH OF THE STRATEGIES DESCRIBED IN6 SECTIONS 29-35-209 (1)(e) AND 29-35-209 (2)(c) TOWARDS SATISFYING7 THE REQUIREMENTS OF BOTH SUBSECTIONS (6)(b)(I)(A) AND (6)(b)(I)(B)8 OF THIS SECTION; OR9 (B) C OUNT ANY STRATEGY DESCRIBED IN SECTION 29-35-209 THAT10 IS OTHERWISE REQUIRED BY STATE LAW .11 (7) Displacement mitigation strategies. O N OR BEFORE12 D ECEMBER 31, 2026, A TRANSIT-ORIENTED COMMUNITY SHALL INCLUDE13 THE FOLLOWING IN ITS HOUSING OPPORTUNITY GOAL REPORT , PURSUANT14 TO SUBSECTION (8)(a)(V) OF THIS SECTION:15 (a) A NY DISPLACEMENT MITIGATION STRATEGIES THAT THE16 TRANSIT-ORIENTED COMMUNITY HAS ADOPTED OR WILL ADOPT FROM THE17 DISPLACEMENT MITIGATION STRATEGIES MENU DEVELOPED BY THE18 DEPARTMENT PURSUANT TO SECTION 29-35-210 (2) TO MITIGATE19 DISPLACEMENT RISKS WHILE MEETING ITS HOUSING OPPORTUNITY GOAL ;20 AND21 (b) A N IMPLEMENTATION PLAN DESCRIBING HOW THE22 TRANSIT-ORIENTED COMMUNITY WILL IMPLEMENT THE DISPLACEMENT23 MITIGATION STRATEGIES IT IDENTIFIES PURSUANT TO SUBSECTION (7)(a)24 OF THIS SECTION.25 (8) Housing opportunity goal report. (a) O N OR BEFORE26 D ECEMBER 31, 2026, A TRANSIT-ORIENTED COMMUNITY SHALL SUBMIT A27 HB24-1313 -30- HOUSING OPPORTUNITY GOAL REPORT TO THE DEPARTMENT IN A FORM1 AND MANNER DETERMINED BY THE DEPARTMENT . THE REPORT MUST2 INCLUDE THE FOLLOWING, ALONG WITH ANY OTHER ELEMENTS IDENTIFIED3 BY THE DEPARTMENT:4 (I) T HE TRANSIT-ORIENTED COMMUNITY'S HOUSING OPPORTUNITY5 GOAL;6 (II) E VIDENCE THAT THE TRANSIT-ORIENTED COMMUNITY HAS MET7 ITS HOUSING OPPORTUNITY GOAL PURSUANT TO SUBSECTION (4)(c) OF THIS8 SECTION;9 (III) A MAP THAT IDENTIFIES THE BOUNDARIES OF ANY TRANSIT10 CENTERS WITHIN THE TRANSIT -ORIENTED COMMUNITY AND EVIDENCE11 THAT THOSE AREAS SATISFY THE REQUIREMENTS IN SECTION 29-35-206;12 (IV) A FFORDABILITY STRATEGIES PURSUANT TO SUBSECTION13 (6)(b)(I)(A) AND (6)(b)(I)(B) OF THIS SECTION AND THE IMPLEMENTATION14 PLAN DESCRIBED PURSUANT TO SUBSECTION (6)(b)(I)(C) OF THIS SECTION;15 (V) D ISPLACEMENT MITIGATION STRATEGIES PURSUANT TO16 SUBSECTION (7)(a) OF THIS SECTION AND THE IMPLEMENTATION PLAN17 DESCRIBED PURSUANT TO SUBSECTION (7)(b) OF THIS SECTION; AND18 (VI) I F APPLICABLE, AND IF THE TRANSIT-ORIENTED COMMUNITY19 SO CHOOSES, EVIDENCE THAT THE TRANSIT-ORIENTED COMMUNITY HAS20 SATISFIED THE REQUIREMENTS OF SUBSECTION (5) OF THIS SECTION.21 (b) T HE DEPARTMENT SHALL REVIEW A HOUSING OPPORTUNITY22 GOAL REPORT SUBMITTED BY A TRANSIT -ORIENTED COMMUNITY23 PURSUANT TO SUBSECTION (8)(a) OF THIS SECTION AND PROVIDE WRITTEN24 NOTICE THAT EITHER:25 (I) A PPROVES THE REPORT AND AFFIRMS THAT THE26 TRANSIT-ORIENTED COMMUNITY HAS SATISFIED THE RELEVANT27 HB24-1313 -31- REQUIREMENTS OF THIS SECTION AND IS THEREFORE CONSIDERED A1 QUALIFIED TRANSIT-ORIENTED COMMUNITY; OR2 (II) P ROVIDES DIRECTION FOR AMENDING AND RESUBMITTING THE3 REPORT AND REQUIRES THAT THE TRANSIT -ORIENTED COMMUNITY4 RESUBMIT THE REPORT WITHIN NIN ETY DAYS OF RECEIVING THE WRITTEN5 NOTICE.6 (c) (I) I F A TRANSIT-ORIENTED COMMUNITY FAILS TO SUBMIT A7 HOUSING OPPORTUNITY GOAL REPORT TO THE DEPARTMENT PURSUANT TO8 SUBSECTION (8)(a) OF THIS SECTION OR FAILS TO SUBMIT AN AMENDED9 HOUSING OPPORTUNITY GOAL REPORT PURSUANT TO SUBSECTION (8)(b)(II)10 OF THIS SECTION , THE DEPARTMENT SHALL PROVIDE THE11 TRANSIT-ORIENTED COMMUNITY WRITTEN NOTICE STATING THAT THE12 TRANSIT-ORIENTED COMMUNITY WILL BE DEEMED A NONQUALIFIED13 TRANSIT-ORIENTED COMMUNITY UNLESS THE TRANSIT -ORIENTED14 COMMUNITY SUBMITS A HOUSING OPPORTUNITY GOAL REPORT OR AN15 AMENDED HOUSING OPPORTUNITY GOAL REPORT TO THE DEPARTMENT16 WITHIN NINETY DAYS OF RECEIVING THE NOTICE .17 (II) I F A TRANSIT-ORIENTED COMMUNITY DOES NOT SUBMIT A18 HOUSING OPPORTUNITY GOAL REPORT OR AN AMENDED HOUSING19 OPPORTUNITY GOAL REPORT WITHIN NINETY DAYS OF RECEIVING THE20 WRITTEN NOTICE DESCRIBED IN SUBSECTION (8)(c)(I) OF THIS SECTION,21 THE DEPARTMENT SHALL PROVIDE THE TRANSIT -ORIENTED COMMUNITY22 WRITTEN NOTICE THAT IT IS A NONQUALIFIED TRANSIT -ORIENTED23 COMMUNITY.24 (III) I F THE DEPARTMENT HAS NOT APPROVED A25 TRANSIT-ORIENTED COMMUNITY'S HOUSING OPPORTUNITY GOAL REPORT26 ON OR BEFORE DECEMBER 31, 2027, THE TRANSIT-ORIENTED COMMUNITY27 HB24-1313 -32- IS IN NON-COMPLIANCE WITH THIS PART 2, AND THE DEPARTMENT MAY1 SEEK AN INJUNCTION FROM A DISTRICT COURT REQUIRING THE2 TRANSIT-ORIENTED COMMUNITY TO COMPLY WITH THE REQUIREMENTS OF3 THIS PART 2.4 (9) Progress report. (a) E VERY THREE YEARS AFTER SUBMITTING5 A HOUSING OPPORTUNITY GOAL REPORT PURSUANT TO SUBSECTION (8)(a)6 OF THIS SECTION, A TRANSIT-ORIENTED COMMUNITY SHALL SUBMIT A7 PROGRESS REPORT TO THE DEPARTMENT IN A FORM AND M ANNER8 DETERMINED BY THE DEPARTMENT THAT :9 (I) C ONFIRMS THAT THE TRANSIT -ORIENTED COMMUNITY 'S10 HOUSING OPPORTUNITY GOAL AS DETERMINED PURSUANT TO SUBSECTION11 (2) OF THIS SECTION IS STILL BEING MET;12 (II) I NCLUDES ANY UPDATED INFORMATION ABOUT THE ELEMENTS13 OF THE TRANSIT-ORIENTED COMMUNITY 'S HOUSING OPPORTUNITY GOAL14 REPORT REQUIRED PURSUANT TO SUBSECTIONS (8)(a)(II) THROUGH15 (8)(a)(VI) OF THIS SECTION; AND16 (III) P ROVIDES DATA REGARDING RESIDENTIAL AND MIXED -USE17 RESIDENTIAL DEVELOPMENT PROJECTS BUILT IN THE TRANSIT -ORIENTED18 COMMUNITY AND WITHIN TRANSIT CENTERS IN THE PREVIOUS THREE19 YEARS, INCLUDING FOR EACH DEVELOPMENT THE NUMBER OF HOUSING20 UNITS BUILT, THE NUMBER OF REGULATED AFFORDABLE HOUSING UNITS21 BUILT, AND THE NET HOUSING DENSITY.22 (b) T HE DEPARTMENT SHALL REVIEW A PROGRESS REPORT23 SUBMITTED BY A TRANSIT -ORIENTED COMMUNITY PURSUANT TO24 SUBSECTION (9)(a) OF THIS SECTION AND PROVIDE WRITTEN NOTICE THAT25 EITHER:26 (I) A PPROVES THE REPORT AND AFFIRMS THAT THE27 HB24-1313 -33- TRANSIT-ORIENTED COMMUNITY HAS SATISFIED THE RELEVANT1 REQUIREMENTS OF THIS SECTION AND IS THEREFORE CONSIDERED A2 QUALIFIED TRANSIT-ORIENTED COMMUNITY; OR3 (II) P ROVIDES DIRECTION FOR AMENDING AND RESUBMITTING THE4 REPORT AND REQUIRES THAT THE TRANSIT -ORIENTED COMMUNITY5 RESUBMIT THE REPORT WITHIN NIN ETY DAYS OF RECEIVING THE WRITTEN6 NOTICE.7 (c) (I) I F A TRANSIT-ORIENTED COMMUNITY FAILS TO SUBMIT A8 PROGRESS REPORT TO THE DEPARTMENT PURSUANT TO SUBSECTION (9)(a)9 OF THIS SECTION OR FAILS TO SUBMIT AN AMENDED PROGRESS REPORT10 PURSUANT TO SUBSECTION (9)(b)(II) OF THIS SECTION, THE DEPARTMENT11 SHALL PROVIDE THE TRANSIT-ORIENTED COMMUNITY WRITTEN NOTICE12 STATING THAT THE TRANSIT-ORIENTED COMMUNITY WILL BE DEEMED A13 NONQUALIFIED TRANSIT -ORIENTED COMMUNITY UNLESS THE14 TRANSIT-ORIENTED COMMUNITY SUBMITS A PROGRESS REPORT OR AN15 AMENDED PROGRESS REPORT TO THE DEPARTMENT WITHIN NINETY DAYS16 OF RECEIVING THE NOTICE.17 (II) I F A TRANSIT-ORIENTED COMMUNITY DOES NOT SUBMIT A18 PROGRESS REPORT OR AN AMENDED PROGRESS REPORT WITHIN NINETY19 DAYS OF RECEIVING THE WRITTEN NOTICE DESCRIBED IN SUBSECTION20 (9)(c)(I) OF THIS SECTION, THE DEPARTMENT SHALL PROVIDE THE21 TRANSIT-ORIENTED COMMUNITY WRITTEN NOTICE THAT IT IS A22 NONQUALIFIED TRANSIT-ORIENTED COMMUNITY.23 29-35-205. Nonqualified transit-oriented communities24 reporting - highway users tax fund allocation. (1) O N OR AFTER25 D ECEMBER 31, 2026, AND EVERY MONTH THEREAFTER DURING WHICH A26 LOCAL GOVERNMENT FIRST QUALIFIES AS EITHER A QUALIFIED27 HB24-1313 -34- TRANSIT-ORIENTED COMMUNITY OR A NONQUALIFIED TRANSIT -ORIENTED1 COMMUNITY, THE DEPARTMENT SHALL PROVIDE THE STATE TREASURER2 WITH A LIST OF LOCAL GOVERNMENTS THAT ARE NONQUALIFIED3 TRANSIT-ORIENTED COMMUNITIES.4 (2) N OTWITHSTANDING ANY LAW TO THE CONTRARY , BEGINNING5 D ECEMBER 31, 2026, AND EVERY MONTH THEREAFTER , THE STATE6 TREASURER SHALL TRANSFER TO THE TRANSIT -ORIENTED COMMUNITIES7 HIGHWAY USERS TAX ACCOUNT CREATED IN SECTION 29-35-211 (8)(b),8 INSTEAD OF TO THE LOCAL GOVERNMENT ANY MONEY THAT A LOCAL9 GOVERNMENT THAT IS ON THE MOST RECENT LIST PROVIDED TO THE STATE10 TREASURER, PURSUANT TO SUBSECTION (1) OF THIS SECTION, WOULD11 OTHERWISE HAVE BEEN ALLOCATED FROM THE HIGHWAY USERS TAX FUND12 PURSUANT TO SECTIONS 43-4-205 AND 43-4-207 OR SECTIONS 43-4-20513 AND 43-4-208.14 (3) (a) N OTWITHSTANDING SUBSECTION (2) OF THIS SECTION, THE15 DEPARTMENT MAY NOT EXPEND MONEY FROM THE TRANSIT -ORIENTED16 COMMUNITIES HIGHWAY USERS TAX ACCOUNT CREATED IN SECTION17 29-35-211 (8)(b) THAT IS ATTRIBUTABLE TO A SPECIFIC NONQUALIFIED18 TRANSIT-ORIENTED COMMUNITY 'S INCLUSION IN THE LIST DESCRIBED IN19 SUBSECTION (1) OF THIS SECTION UNTIL ONE HUNDRED EIGHTY DAYS20 AFTER THE NONQUALIFIED TRANSIT -ORIENTED COMMUNITY HAS FIRST21 APPEARED ON THE LIST.22 (b) I F A LOCAL GOVERNMENT IS NO LONGER A NONQUALIFIED23 TRANSIT-ORIENTED COMMUNITY WITHIN ONE HUNDRED EIGHTY DAYS24 AFTER THE NONQUALIFIED LOCAL GOVERNMENT FIRST APPEARS ON THE25 LIST DESCRIBED IN SUBSECTION (1) OF THIS SECTION, THE STATE26 TREASURER SHALL ISSUE A WARRANT TO THAT LOCAL GOVERNMENT27 HB24-1313 -35- EQUAL TO THE AMOUNT OF MONEY IN THE TRANSIT -ORIENTED1 COMMUNITIES HIGHWAY USERS TAX ACCOUNT CREATED IN SECTION2 29-35-211 (8)(b) THAT IS ATTRIBUTABLE TO THE LOCAL GOVERNMENT 'S3 INCLUSION ON THE LIST DESCRIBED IN SUBSECTION (1) OF THIS SECTION.4 29-35-206. Criteria for qualification as a transit center -5 criteria for qualification as a transit center outside of a transit area.6 (1) T O DESIGNATE AN AREA AS A TRANSIT CENTER , A TRANSIT-ORIENTED7 COMMUNITY SHALL:8 (a) E NSURE THAT THE AREA IS COMPOSED SOLELY OF ZONING9 DISTRICTS THAT UNIFORMLY ALLOW A NET HOUSING DENSITY OF AT LEAST10 FIFTEEN UNITS PER ACRE WITH NO PARCEL OR ZONING DISTRICT BEING11 COUNTED AS ALLOWING A NET HOUSING DENSITY OF MORE THAN THREE12 HUNDRED UNITS PER ACRE;13 (b) I DENTIFY A NET HOUSING DENSITY ALLOWED FOR THE AREA OR14 FOR SUBDISTRICTS WITHIN THE AREA . THE IDENTIFIED NET HOUSING15 DENSITY MUST:16 (I) I NCORPORATE ANY DIMENSIONAL OR OTHER RESTRICTIONS IN17 LOCAL LAWS USED TO REGULATE DENSITY IN THE AREA , INCLUDING BUT18 NOT LIMITED TO RESTRICTIONS RELATED TO UNITS PER ACRE , LOT AREA19 PER UNIT, LOT COVERAGE, SITE LEVEL OPEN SPACE REQUIREMENTS, FLOOR20 AREA RATIOS, SETBACKS, MINIMUM PARKING REQUIREMENTS , AND21 MAXIMUM HEIGHT;22 (II) A SSUME MINIMUM PARKING REQUIREMENTS ARE MET WITH23 SURFACE PARKING, UNLESS MINIMUM PARKING REQUIREMENTS ARE LESS24 THAN SEVEN-TENTHS PER DWELLING UNIT; AND25 (III) A SSUME AN AVERAGE HOUSING UNIT SIZE THAT IS26 REPRESENTATIVE OF THE AVERAGE MULTIFAMILY HOUSING IN THE27 HB24-1313 -36- JURISDICTION;1 (c) E XCLUDE ANY AREA WHERE LOCAL LAW EXCLUSIVELY2 RESTRICTS HOUSING OCCUPANCY BASED ON AGE OR OTHER FACTORS ;3 (d) E STABLISH AN ADMINISTRATIVE APPROVAL PROCESS FOR4 MULTIFAMILY RESIDENTIAL DEVELOPMENT ON PARCELS IN THE AREA THAT5 ARE NO MORE THAN FIVE ACRES IN SIZE. FOR MULTIFAMILY RESIDENTIAL6 DEVELOPMENT APPLICATIONS ON PARCELS GREATER THAN FIVE ACRES IN7 SIZE, A TRANSIT-ORIENTED COMMUNITY SHALL IDENTIFY A TARGET NET8 HOUSING DENSITY FOR THE PARCELS TO COUNT THE PARCELS AS PART OF9 THE TRANSIT CENTER THAT COVERS THE AREA . THIS SUBSECTION (1)(d)10 DOES NOT PREVENT THE ESTABLISHMENT OF DEVELOPER AGREEMENTS11 BETWEEN THE LOCAL GOVERNMENT AND DEVELOPERS .12 (e) E NSURE THAT THE AREA IS LOCATED WHOLLY OR PARTIALLY13 WITHIN A TRANSIT AREA, AND THAT THE DESIGNATED TRANSIT CENTER IS14 COMPRISED OF PARCELS THAT ARE CONTIGUOUS AND DOES NOT EXTEND15 MORE THAN ONE-QUARTER MILE FROM THE EDGE OF THE TRANSIT AREA .16 (2) N OTWITHSTANDING SUBSECTION (1)(e) OF THIS SECTION, A17 TRANSIT-ORIENTED COMMUNITY MAY DESIGNATE AN AREA AS A TRANSIT18 CENTER BEYOND WHAT IS ALLOWED PURSUANT TO SUBSECTION (1)(e) OF19 THIS SECTION, BY FILING A REQUEST WITH THE DEPARTMENT , IN A FORM20 AND MANNER DETERMINED BY THE DEPARTMENT , DEMONSTRATING THAT: 21 (a) W ITHIN THE TRANSIT AREAS IN THE TRANSIT -ORIENTED22 COMMUNITY:23 (I) T HE AREA PROPOSED FOR DESIGNATION AS A TRANSIT CENTER24 HAS A REASONABLE OPPORTUNITY TO PROVIDE ADEQUATE25 INFRASTRUCTURE TO SERVE MULTIFAMILY HOUSING ;26 (II) T HE TRANSIT-ORIENTED COMMUNITY HAS ADOPTED A PLAN TO27 HB24-1313 -37- INVEST IN AND EXPAND INFRASTRUCTURE TO SERVE MULTIFAMILY1 HOUSING; AND2 (III) T HE AREA PROPOSED FOR DESIGNATION AS A TRANSIT CENTER3 HAS A NET HOUSING DENSITY ALLOWED BY DIMENSIONAL AND OTHER4 RESTRICTIONS IN LOCAL LAWS THAT MAXIMIZES FUTURE HOUSING5 PRODUCTION THAT IS REASONABLY EXPECTED TO OCCUR IN THE AREA ;6 AND7 (b) T HE AREA THAT THE TRANSIT -ORIENTED COMMUNITY IS8 REQUESTING TO DESIGNATE AS A TRANSIT CENTER :9 (I) H AS A REASONABLE OPPORTUNITY FOR NEW MULTIFAMILY10 HOUSING, INCLUDING ADEQUATE INFRASTRUCTURE ; AND11 (II) I F DESIGNATED AS A TRANSIT CENTER BY THE12 TRANSIT-ORIENTED COMMUNITY , WOULD PROVIDE BENEFITS THAT MAY13 INCLUDE REGULATED AFFORDABLE HOUSING , MULTIMODAL MOBILITY ,14 TRANSIT-SUPPORTIVE DENSITY TO INCREASE OR EXPAND TRANSIT SERVICE ,15 EXPANDED HOUSING ACCESS IN HIGH -OPPORTUNITY AREAS, IMPROVED16 BALANCE OF HOUSING AND JOBS IN THE AREA OR REGION , ACCESSIBLE17 HOUSING, AND ACCESS TO DAILY NEEDS WITHIN A MIXED -USE18 PEDESTRIAN-ORIENTED NEIGHBORHOOD .19 (c) T HE DEPARTMENT MAY REVIEW A TRANSIT -ORIENTED20 COMMUNITY'S REQUEST TO DESIGNATE AN AREA AS A TRANSIT CENTER21 PURSUANT TO THIS SUBSECTION (2) AND APPROVE OR DENY THE REQUEST22 BASED ON CONSISTENCY WITH THE GOALS IN SUBSECTION (2)(b)(II) OF23 THIS SECTION.24 29-35-207. Criteria for qualification as a neighborhood center.25 (1) (a) T O DESIGNATE AN AREA AS A NEIGHBORHOOD CENTER , A LOCAL26 GOVERNMENT IN A METROPOLITAN PLANNING ORGANIZATION SHALL , IN27 HB24-1313 -38- ACCORDANCE WITH POLICIES AND PROCEDURES ADOPTED BY THE1 DEPARTMENT:2 (I) E NSURE THAT THE AREA ALLOWS AN AVERAGE ZONED HOUSING3 DENSITY TO BE ESTABLISHED BY THE DEPARTMENT THAT SUPPORTS4 PEDESTRIAN-ORIENTED MIXED-USE NEIGHBORHOODS, THE DEVELOPMENT5 OF REGULATED AFFORDABLE HOUSING , AND INCREASED PUBLIC TRANSIT6 RIDERSHIP;7 (II) E STABLISH AN ADMINISTRATIVE APPROVAL PROCESS FOR8 MULTIFAMILY RESIDENTIAL DEVELOPMENT ON PARCELS IN THE AREA THAT9 ARE NO LARGER THAN A SIZE DETERMINED BY THE DEPARTMENT ;10 (III) E NSURE THAT THE AREA HAS A MIXED -USE11 PEDESTRIAN-ORIENTED NEIGHBORHOOD , AS DETERMINED BY CRITERIA12 ESTABLISHED BY THE DEPARTMENT ; AND13 (IV) S ATISFY ANY OTHER CRITERIA , AS DETERMINED BY THE14 DEPARTMENT, AND AS MAY VARY BY REGIONAL CONTEXT , FOR THE15 QUALIFICATION OF AN AREA AS A NEIGHBORHOOD CENTER .16 (b) N OTWITHSTANDING THE REQUIREMENTS FOR A LOCAL17 GOVERNMENT DESIGNATING AN AREA AS A NEIGHBORHOOD CENTER18 PURSUANT TO SUBSECTION (1)(a) OF THIS SECTION, THE DEPARTMENT19 SHALL ESTABLISH SEPARATE REQUIREMENTS FOR LOCAL GOVERNMENTS20 DESIGNATING AREAS WITHIN OPTIONAL TRANSIT AREAS IDENTIFIED BY THE21 DEPARTMENT PURSUANT TO SECTION 29-35-208 (1)(c).22 (2) I F A LOCAL GOVERNMENT DESIGNATES AN AREA AS A23 NEIGHBORHOOD CENTER PURSUANT TO SUBSECTION (1) OF THIS SECTION,24 THE LOCAL GOVERNMENT SHALL SUBMIT A NEIGHBORHOOD CENTER25 REPORT TO THE DEPARTMENT IN A FORM AND MANNER DETERMINED BY26 THE DEPARTMENT.27 HB24-1313 -39- 29-35-208. Transit areas map - housing opportunity goals,1 models, and guidance. (1) Transit areas map. (a) O N OR BEFORE JULY2 31, 2024, THE DEPARTMENT, IN CONSULTATION WITH METROPOLITAN3 PLANNING ORGANIZATIONS , AND TRANSIT AGENCIES THAT OPERATE4 WITHIN METROPOLITAN PLANNING OR GANIZATIONS , SHALL PUBLISH A MAP5 THAT DESIGNATES TRANSIT AREAS TO BE USED BY TRANSIT -ORIENTED6 COMMUNITIES IN CALCULATING HOUSING OPPORTUNITY GOALS .7 (b) I N PUBLISHING THE MAP DESCRIBED IN SUBSECTION (1)(a) OF8 THIS SECTION, THE DEPARTMENT SHALL DESIGNATE TRANSIT AREAS BASED9 ON:10 (I) A N URBAN BUS RAPID TRANSIT SERVICE OR COMMUTER BUS11 RAPID TRANSIT SERVICE THAT IS IDENTIFIED WITHIN A METROPOLITAN12 PLANNING ORGANIZATION 'S FISCALLY-CONSTRAINED LONG RANGE13 TRANSPORTATION PLAN ADOPTED PRIOR TO JANUARY 1, 2024, AND14 PLANNED FOR IMPLEMENTATION , ACCORDING TO THAT PLAN , PRIOR TO15 J ANUARY 1, 2030;16 (II) T RANSIT SERVICE LEVELS PLANNED AND APPROVED BY THE17 BOARD OF A TRANSIT AGENCY AS OF JANUARY 1, 2024, AND INTENDED FOR18 IMPLEMENTATION BEFORE JANUARY 1, 2030; OR19 (III) I F THE INFORMATION IN SUBSECTIONS (1)(b)(I) AND (1)(b)(II)20 OF THIS SECTION IS NOT AVAILABLE TO THE DEPARTMENT , EXISTING21 TRANSIT SERVICE LEVELS AS OF JANUARY 1, 2024.22 (c) I N PUBLISHING THE MAP DESCRIBED IN SUBSECTION (1)(a) OF23 THIS SECTION, THE DEPARTMENT SHALL DESIGNATE THE FOLLOWING24 OPTIONAL TRANSIT AREAS FOR PLANNING OF FUTURE TRANSIT SERVICE :25 (I) T RANSIT AREAS BASED ON BUS RAPID TRANSIT SERVICES THAT26 ARE IDENTIFIED WITHIN A METROPOLITAN PLANNING ORGANIZATION 'S27 HB24-1313 -40- FISCALLY-CONSTRAINED LONG-RANGE TRANSPORTATION PLAN ADOPTED1 PRIOR TO JANUARY 1, 2024, AND INTENDED FOR IMPLEMENTATION AFTER2 J ANUARY 1, 2030, AND BEFORE DECEMBER 31, 2050;3 (II) T RANSIT AREAS BASED ON BUS RAPID TRANSIT SERVICES THAT4 ARE IDENTIFIED WITHIN A METROPOLITAN PLANNING ORGANIZATION 'S5 LONG-RANGE TRANSPORTATION PLAN ADOPTED PRIOR TO JANUARY 1,6 2024, THAT ARE INTENDED FOR IMPLEMENTATION BEFORE JANUARY 1,7 2030, AND THAT ARE WITHIN A TRANSIT-ORIENTED COMMUNITY THAT HAS8 DESIGNATED TWENTY PERCENT OR MORE OF ITS AREA AS MANUFACTURED9 HOME ZONING DISTRICTS AS OF JANUARY 1, 2024; AND10 (III) O THER AREAS AS DETERMINED BY THE DEPARTMENT11 THROUGH REGULAR UPDATES .12 (d) I N IDENTIFYING THE BOUNDARIES OF TRANSIT AREAS AND13 OPTIONAL TRANSIT AREAS, THE DEPARTMENT SHALL USE:14 (I) G EOSPATIAL DATA FROM RELEVANT TRANSIT AGENCIES AND15 METROPOLITAN PLANNING ORGANIZATIONS ; AND16 (II) R OADWAY LOCATIONS BASED UPON THE CENTERLINE OF THE17 ROADWAY.18 (2) Housing opportunity goals, models, and guidance. O N OR19 BEFORE DECEMBER 1, 2024, THE DEPARTMENT SHALL PUBLISH MODELS20 AND GUIDANCE TO ASSIST LOCAL GOVERNMENTS IN MEETING THEIR21 HOUSING OPPORTUNITY GOALS AND IN CALCULATING THE DENSITY AND22 DIMENSIONAL STANDARDS ESTABLISHED IN SECTION 29-35-206 (1)(b).23 29-35-209. Standard affordability strategies menu - long-term24 affordability strategies menu - alternative affordability strategies. (1)25 Standard affordability strategies menu. O N OR BEFORE JUNE 30, 2025,26 THE DEPARTMENT SHALL DEVELOP A STANDARD AFFORDABILITY27 HB24-1313 -41- STRATEGIES MENU FOR TRANSIT-ORIENTED COMMUNITIES THAT INCLUDES1 THE FOLLOWING STRATEGIES:2 (a) I MPLEMENTING A LOCAL INCLUSIONARY ZONING ORDINANCE3 THAT CONSIDERS LOCAL HOUSING MARKET CONDITIONS , IS CRAFTED TO4 MAXIMIZE AFFORDABLE HOUSING PRODUCTION , AND COMPLIES WITH THE5 REQUIREMENTS OF SECTION 29-20-104 (1)(e.5) AND (1)(e.7);6 (b) A DOPTING A LOCAL LAW OR PLAN TO LEVERAGE PUBLICLY7 OWNED, SOLD, OR MANAGED LAND FOR REGULATED AFFORDABLE HOUSING8 DEVELOPMENT;9 (c) C REATING OR SIGNIFICANTLY EXPANDING A PROGRAM TO10 SUBSIDIZE OR OTHERWISE REDUCE IMPACT FEES OR OTHER SIMILAR11 DEVELOPMENT CHARGES FOR REGULATED AFFORDABLE HOUSING12 DEVELOPMENT;13 (d) E STABLISHING A DENSITY BONUS PROGRAM FOR TRANSIT14 CENTERS THAT GRANTS INCREASED FLOOR AREA RATIO , DENSITY, OR15 HEIGHT FOR REGULATED AFFORDABLE HOUSING UNITS ;16 (e) C REATING A PROGRAM TO PRIORITIZE AND EXPEDITE17 DEVELOPMENT APPROVALS FOR REGULATED AFFORDABLE HOUSING18 DEVELOPMENT;19 (f) R EDUCING LOCAL PARKING REQUIREMENTS FOR REGULATED20 AFFORDABLE HOUSING TO ONE -HALF SPACE PER UNIT OF REGULATED21 AFFORDABLE HOUSING, WITHOUT LOWERING THE PROTECTIONS PROVIDED22 FOR INDIVIDUALS WITH DISABILITIES, INCLUDING THE NUMBER OF PARKING23 SPACES FOR INDIVIDUALS WHO ARE MOBILITY IMPAIRED , UNDER THE24 FEDERAL "AMERICANS WITH DISABILITIES ACT OF 1990", 42 U.S.C. SEC.25 12101 ET SEQ., AND PARTS 6 AND 8 OF ARTICLE 34 OF TITLE 24; EXCEPT26 THAT, UPON THE PASSAGE OF HOUSE BILL 24-1304, THIS SUBSECTION27 HB24-1313 -42- (1)(f) SHALL NOT BE IDENTIFIED BY A TRANSIT-ORIENTED COMMUNITY AS1 AN AFFORDABILITY STRATEGY THAT SATISFIES THE REQUIREMENTS OF2 29-35-204 (6)(b)(I)(A);3 (g) E NACTING LOCAL LAWS THAT INCENTIVIZE THE CONSTRUCTION4 OF ACCESSIBLE AND VISITABLE AFFORDABLE HOUSING UNITS ; AND5 (h) A NY OTHER STRATEGY DESIGNATED BY THE DEPARTMENT6 THAT OFFERS A COMPARABLE IMPACT ON LOCAL HOUSING AFFORDABILITY .7 (2) Long-term affordability strategies menu. O N OR BEFORE8 J UNE 30, 2025, THE DEPARTMENT SHALL DEVELOP A LONG -TERM9 AFFORDABILITY STRATEGIES MENU THAT INCLUDES THE FOLLOWING10 STRATEGIES:11 (a) E STABLISHING A DEDICATED LOCAL REVENUE SOURCE FOR12 REGULATED AFFORDABLE HOUSING DEVELOPMENT , SUCH AS INSTITUTING13 A LINKAGE FEE ON NEW REGULATED AFFORDABLE HOUSING14 DEVELOPMENTS;15 (b) R EGULATING SHORT-TERM RENTALS, SECOND HOMES, OR16 OTHER UNDERUTILIZED OR VACANT UNITS IN A WAY , SUCH AS VACANCY17 FEES FOR UNDERUTILIZED UNITS, THAT PROMOTES MAXIMIZING THE USE OF18 LOCAL HOUSING STOCK FOR LOCAL HOUSING NEEDS ;19 (c) M AKING A COMMITMENT TO AND REMAINING ELIGIBLE TO20 RECEIVE FUNDING PURSUANT TO ARTICLE 32 OF THIS TITLE 29;21 (d) I NCENTIVIZING OR CREATING A DEDICATED LOCAL PROGRAM22 THAT FACILITATES INVESTMENT IN LAND BANKING OR COMMUNITY LAND23 TRUSTS;24 (e) E STABLISHING AN AFFORDABLE HOMEOWNERSHIP STRATEGY25 SUCH AS:26 (I) A CQUIRING OR PRESERVING DEED RESTRICTIONS ON CURRENT27 HB24-1313 -43- HOUSING UNITS;1 (II) E STABLISHING AN INCENTIVE PROGRAM TO ENCOURAGE2 REALTORS TO WORK WITH LOW -INCOME AND MINORITY PROSPECTIVE3 HOME BUYERS; OR4 (III) E STABLISHING AN AFFORDABLE RENT -TO-OWN PROGRAM;5 AND6 (f) A NY OTHER STRATEGY DESIGNATED BY THE DEPARTMENT THAT7 OFFERS A COMPARABLE IMPACT ON LOCAL HOUSING AFFORDABILITY .8 (3) Alternative affordability strategies. A TRANSIT-ORIENTED9 COMMUNITY MAY SUBMIT AN EXISTING OR PROPOSED LOCAL LAW , IN A10 FORM AND MANNER DETERMINED BY THE DEPARTMENT , TO THE11 DEPARTMENT, AND THE DEPARTMENT MAY DETERMINE THAT THE12 ADOPTION OF THAT LOCAL LAW QUALIFIES AS AN AFFORDABILITY13 STRATEGY FOR PURPOSES OF SECTION 29-35-204 (6)(a) AND (6)(b), SO14 LONG AS THE LOCAL LAW SUPPORTS EQUAL OR GREATER HOUSING15 AFFORDABILITY AND ACCESSIBILITY THAN THE STRATEGIES DESCRIBED IN16 SUBSECTIONS (1) AND (2) OF THIS SECTION.17 29-35-210. Displacement risk assessment - displacement18 mitigation strategies menu - displacement mitigation strategies menu19 goals - alternative displacement mitigation strategies. (1) (a) N O20 LATER THAN JUNE 30, 2025, THE DEPARTMENT SHALL DEVELOP GUIDANCE21 FOR TRANSIT-ORIENTED COMMUNITIES IN CONDUCTING A DISPLACEMENT22 RISK ASSESSMENT AND IMPLEMENTING DISPLACEMENT MITIGATION23 STRATEGIES.24 (b) I N CREATING GUIDANCE FOR THE DISPLACEMENT RISK25 ASSESSMENT DESCRIBED IN SUBSECTION (1)(a) OF THIS SECTION, THE26 DEPARTMENT SHALL DEVELOP A METHODOLOGY , WITH VARIATIONS FOR27 HB24-1313 -44- DIFFERENT LOCAL CONTEXTS INCLUDING THE SIZE AND RESOURCE LEVELS1 OF LOCAL GOVERNMENTS , FOR TRANSIT-ORIENTED COMMUNITIES WITHIN2 METROPOLITAN PLANNING ORGANIZATION BOUNDARIES TO USE TO :3 (I) G ATHER FEEDBACK THROUGH COMMUNITY ENGAGEMENT ; AND4 (II) I DENTIFY INFORMATION FROM NEIGHBORHOOD -LEVEL EARLY5 DISPLACEMENT WARNING AND RESPONSE SYSTEMS , OR IF THOSE SYSTEMS6 ARE UNAVAILABLE, IDENTIFY THE BEST AVAILABLE LOCAL , REGIONAL,7 STATE, OR FEDERAL DATA THAT CAN BE ANALYZED TO IDENTIFY8 RESIDENTS AT ELEVATED DISPLACEMENT RISK , WHICH MAY INCLUDE:9 (A) T HE PERCENTAGE OF HOUSEHOLDS THAT ARE EXTREMELY10 LOW-INCOME, VERY LOW-INCOME, AND LOW-INCOME, AS DESIGNATED BY11 THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN12 DEVELOPMENT;13 (B) T HE PERCENTAGE OF RESIDENTS WHO ARE RENTERS ;14 (C) T HE PERCENTAGE OF COST-BURDENED HOUSEHOLDS , DEFINED15 AS HOUSEHOLDS THAT SPEND MORE THAN THIRTY PERCENT OF THE16 HOUSEHOLD'S INCOME ON HOUSING NEEDS;17 (D) T HE NUMBER OF ADULTS WHO ARE TWENTY -FIVE YEARS OF18 AGE OR OLDER AND HAVE NOT EARNED AT LEAST A HIGH SCHOOL19 DIPLOMA;20 (E) T HE PERCENTAGE OF HOUSEHOLDS IN WHICH ENGLISH IS NOT21 THE PRIMARY SPOKEN LANGUAGE ;22 (F) T HE PERCENTAGE OF HOUSING STOCK BUILT PRIOR TO 1970;23 (G) T HE LOCATION OF MANUFACTURED HOME PARKS ;24 (H) A REAS THAT QUALIFY AS DISADVANTAGED AS DETERMINED25 WITH THE CLIMATE AND ECONOMIC JUSTICE SCREENING TOOL DEVELOPED26 BY THE COUNCIL ON ENVIRONMENTAL QUALITY IN THE OFFICE OF THE27 HB24-1313 -45- PRESIDENT OF THE UNITED STATES; AND1 (I) T HE TRANSIT-ORIENTED COMMINUTES WHERE INCREASES IN2 ZONING CAPACITY WILL OCCUR AS A RESULT OF THE REQUIREMENTS OF3 THIS PART 2.4 (2) O N OR BEFORE JUNE 30, 2025, THE DEPARTMENT SHALL5 DEVELOP A DISPLACEMENT MITIGATION STRATEGIES MENU THAT INCLUDES6 THE FOLLOWING STRATEGIES:7 (a) D ESIGNATING TRANSIT CENTERS THAT INCLUDE HIGH INCOME8 CENSUS TRACTS IN THE TRANSIT-ORIENTED COMMUNITY ;9 (b) C REATING A LOCALLY FUNDED AND ADMINISTERED RENTAL10 AND MORTGAGE ASSISTANCE PROGRAM ;11 (c) C REATING AN EVICTION AND FORECLOSURE NO -COST LEGAL12 REPRESENTATION PROGRAM ;13 (d) E STABLISHING A HOUSING COUNSELING AND NAVIGATION14 PROGRAM;15 (e) C REATING A PROPERTY TAX AND DOWN PAYMENT ASSISTANCE16 PROGRAM;17 (f) D EVELOPING A PROGRAM TO OFFER TECHNICAL ASSISTANCE18 AND FINANCIAL SUPPORT FOR COMMUNITY ORGANIZATIONS TO DEVELOP19 INDEPENDENT COMMUNITY LAND TRUSTS ;20 (g) P RIORITIZING LOCAL MONEY TOWARD REGULATED21 AFFORDABLE HOUSING UNIT PRESERVATION OR IMPLEMENTING OR22 CONTINUING DEED RESTRICTIONS FOR AFFORDABLE HOUSING UNITS ;23 (h) I DENTIFYING PARTNERSHIPS WITH REGIONAL AND NON -PROFIT24 ENTITIES TO IMPLEMENT STRATEGIES; AND25 (i) O THER STRATEGIES IDENTIFIED BY THE DEPARTMENT THAT26 PROVIDE DISPLACEMENT MITIGATION EQUIVALENT TO THE OTHER27 HB24-1313 -46- STRATEGIES DESCRIBED IN THIS SUBSECTION (2).1 (3) I N DEVELOPING THE DISPLACEMENT RISK MITIGATION2 STRATEGIES MENU DESCRIBED IN SUBSECTION (2) OF THIS SECTION, THE3 DEPARTMENT'S GOALS MUST BE TO SUPPORT:4 (a) R ESOURCES, SERVICES, AND INVESTMENTS THAT SERVE5 VULNERABLE HOMEOWNERS AND RENTERS WITH ELEVATED RISK OF6 DISPLACEMENT;7 (b) T HE PRESERVATION OF REGULATED AFFORDABLE HOUSING8 STOCK;9 (c) L OCAL GOVERNMENT PLANNING AND LAND USE DECISIONS10 THAT INCORPORATE INCLUSIVE AND EQUITABLE DISPLACEMENT11 MITIGATION STRATEGIES, AND THE EMPOWERMENT OF LOW -INCOME12 PERSONS AND COMMUNITIES OF COLOR TO PARTICIPATE IN THOSE13 DECISIONS; AND14 (d) T HE ABILITY OF VULNERABLE RESIDENTS TO REMAIN IN OR15 RETURN TO THEIR NEIGHBORHOODS OR COMMUNITIES BY ACCESSING NEW16 AFFORDABLE HOUSING OPPORTUNITIES IN THEIR NEIGHBORHOODS OR17 COMMUNITIES.18 29-35-211. Transit-oriented communities infrastructure grant19 program - transit-oriented communities infrastructure fund -20 transit-oriented communities highway users tax account - definitions.21 (1) Grant program created. T HE TRANSIT-ORIENTED COMMUNITIES22 INFRASTRUCTURE GRANT PROGRAM IS CREATED IN THE DEPARTMENT . THE23 PURPOSE OF THE GRANT PROGRAM IS TO ASSIST LOCAL GOVERNMENTS IN24 UPGRADING INFRASTRUCTURE AND SUPPORTING REGULATED AFFORDABLE25 HOUSING IN TRANSIT CENTERS AND NEIGHBORHOOD CENTERS .26 (2) Allowable purposes. G RANT RECIPIENTS MAY USE MONEY27 HB24-1313 -47- RECEIVED THROUGH THE GRANT PROGRAM TO FUND :1 (a) O N-SITE INFRASTRUCTURE FOR REGULATED AFFORDABLE2 HOUSING WITHIN A TRANSIT CENTER OR NEIGHBORHOOD CENTER ;3 (b) P UBLIC INFRASTRUCTURE PROJECTS THAT ARE WITHIN , OR THAT4 PRIMARILY BENEFIT, A TRANSIT CENTER OR NEIGHBORHOOD CENTER ;5 (c) P UBLIC INFRASTRUCTURE PROJECTS THAT BENEFIT REGULATED6 AFFORDABLE HOUSING IN A TRANSIT CENTER OR NEIGHBORHOOD CENTER ;7 (d) A CTIVITIES RELATED TO DETERMINING WHERE AND HOW BEST8 TO IMPROVE INFRASTRUCTURE TO SUPPORT A TRANSIT CENTER OR9 NEIGHBORHOOD CENTER ; AND10 (e) I NFRASTRUCTURE PROJECT DELIVERY , PLANNING, AND11 COMMUNITY ENGAGEMENT .12 (3) Grant program administration. T HE DEPARTMENT SHALL13 ADMINISTER THE GRANT PROGRAM AND , SUBJECT TO AVAILABLE14 APPROPRIATIONS, AWARD GRANTS AS PROVIDED IN SUBSECTION (7) OF THIS15 SECTION AND PROVIDE TECHNICAL ASSISTANCE TO LOCAL GOVERNMENTS16 IN COMPLYING WITH THE REQUIREMENTS OF THIS PART 2. SUBJECT TO17 SECTION 18 OF ARTICLE X OF THE STATE CONSTITUTION, WHICH REQUIRES18 THE PROCEEDS OF MOTOR FUEL TAXES AND MOTOR VEHICLE LICENSING19 AND REGISTRATION FEES AND OTHER CHARGES TO BE USED EXCLUSIVELY20 FOR THE CONSTRUCTION, MAINTENANCE, AND SUPERVISION OF PUBLIC21 HIGHWAYS, GRANTS AWARDED BY THE DEPARTMENT FOR THE PURPOSES22 DESCRIBED IN SUBSECTIONS (2)(c), (2)(d), AND (2)(e) OF THIS SECTION23 MAY BE PAID OUT OF THE FUND , INCLUDING OUT OF THE ACCOUNT .24 G RANTS AWARDED BY THE DEPARTMENT FOR THE PURPOSES DESCRIBED25 IN SUBSECTIONS (2)(a) AND (2)(b) OF THIS SECTION MAY BE PAID OUT OF26 MONEY IN THE FUND AND NOT IN THE ACCOUNT AND SHALL NOT BE PAID27 HB24-1313 -48- OUT OF THE ACCOUNT.1 (4) Grant program policies and procedures. T HE DEPARTMENT2 SHALL IMPLEMENT THE GRANT PROGRAM IN ACCORDANCE WITH THIS3 SECTION. THE DEPARTMENT SHALL DEVELOP POLICIES AND PROCEDURES4 AS NECESSARY TO IMPLEMENT THE GRANT PROGRAM .5 (5) Grant application. T O RECEIVE A GRANT , A LOCAL6 GOVERNMENT MUST SUBMIT AN APPLICATION TO THE DEPARTMENT IN7 ACCORDANCE WITH POLICIES AND PROCEDURES DEVELOPED BY THE8 DEPARTMENT.9 (6) Grant program criteria. T HE DEPARTMENT SHALL REVIEW10 THE APPLICATIONS RECEIVED PURSUANT TO THIS SECTION . IN AWARDING11 GRANTS, THE DEPARTMENT SHALL CONSIDER THE FOLLOWING CRITERIA :12 (a) T HE POTENTIAL IMPACT OF A PROJECT THAT A LOCAL13 GOVERNMENT WOULD F UND WITH A GRANT AWARD ON THE DEVELOPMENT14 OF REGULATED AFFORDABLE HOUSING , MIXED-USE DEVELOPMENT ,15 ACCESSIBLE OR VISITABLE HOUSING UNITS , OR THE CREATION OR16 ENHANCEMENT OF HOME OWNERSHIP OPPORTUNITIES WITHIN A TRANSIT17 CENTER OR NEIGHBORHOOD CENTER ;18 (b) I N RESPONSE TO DEMONSTRATED NEEDS , THE EXTENT TO19 WHICH THE LOCAL GOVERNMENT HAS :20 (I) I NTEGRATED MIXED -USE DEVELOPMENT BY ALLOWING21 NEIGHBORHOOD COMMERCIAL USES THAT HAVE THE MAIN PURPOSE OF22 MEETING CONSUMER DEMANDS FOR GOODS AND SERVICES WITH AN23 EMPHASIS ON SERVING THE SURROUNDING RESIDENTIAL NEIGHBORHOOD24 WITHIN ONE-QUARTER MILE OF A TRANSIT CENTER OR NEIGHBORHOOD25 CENTER;26 (II) A DOPTED AFFORDABILITY STRATEGIES FROM THE27 HB24-1313 -49- AFFORDABILITY STRATEGIES MENUS IN SECTION 29-35-209 BASED ON THE1 LOCAL GOVERNMENT 'S DEMONSTRATED HOUSING NEEDS , INCLUDING2 HOUSING NEEDS FOR RENTAL AND FOR -SALE HOUSING AND FOR LOW -,3 MODERATE-, AND MEDIUM-INCOME HOUSEHOLDS, AS DESIGNATED BY THE4 U NITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ;5 (III) A DOPTED DISPLACEMENT MITIGATION STRATEGIES FROM THE6 DISPLACEMENT MITIGATION STRATEGIES MENU IN SECTION 29-35-210; AND7 (IV) D ESIGNATED NEIGHBORHOOD CENTERS WITHIN OPTIONAL8 TRANSIT AREAS; AND9 (c) I NFORMATION CONTAINED IN THE REPORTS SUBMITTED BY A10 LOCAL GOVERNMENT PURS UANT TO SECTION 29-35-204 THAT PROVIDES11 EVIDENCE THAT THE LOCAL GOVERNMENT HAS MET THE REQUIREMENTS12 OF SECTION 29-35-204.13 (7) Grant awards. S UBJECT TO AVAILABLE APPROPRIATIONS , THE14 DEPARTMENT SHALL AWARD GRANTS USING MONEY IN THE ACCOUNT AS15 PROVIDED IN THIS SECTION.16 (8) Transit-oriented communities infrastructure fund.17 (a) (I) T HE TRANSIT-ORIENTED COMMUNITIES INFRASTRUCTURE FUND IS18 CREATED IN THE STATE TREASURY . THE FUND CONSISTS OF MONEY19 TRANSFERRED TO THE FUND PURSUANT TO SUBSECTION (8)(a)(III) OF THIS20 SECTION, GIFTS, GRANTS, AND DONATIONS, AND ANY OTHER MONEY THAT21 THE GENERAL ASSEMBLY MAY APPROPRIATE OR TRANSFER TO THE FUND .22 T HE STATE TREASURER SHALL CREDIT ALL INTEREST AND INCOME DERIVED23 FROM THE DEPOSIT AND INVESTMENT OF MONEY IN THE FUND TO THE24 FUND.25 (II) M ONEY IN THE FUND IS CONTINUOUSLY APPROPRIATED TO THE26 DEPARTMENT FOR THE PURPOSE OF IMPLEMENTING THE GRANT PROGRAM ,27 HB24-1313 -50- AND THE DEPARTMENT MAY EXPEND UP TO SIX PERCENT OF ANY MONEY1 IN THE FUND, EXCLUSIVE OF MONEY IN THE ACCOUNT , FOR COSTS2 INCURRED BY THE DEPARTMENT IN ADMINISTERING THE GRANT PROGRAM .3 (III) O N JULY 1, 2024, THE STATE TREASURER SHALL TRANSFER4 THIRTY-FIVE MILLION DOLLARS FROM THE GENERAL FUND TO THE FUND .5 (b) (I) T HE TRANSIT-ORIENTED COMMUNITIES HIGHWAY USERS TAX6 ACCOUNT IS CREATED IN THE FUND . THE ACCOUNT CONSISTS OF GIFTS,7 GRANTS, AND DONATIONS , MONEY THAT THE STATE TREASURER8 TRANSFERS TO THE FUND PURSUANT TO SECTION 29-35-205 (2), AND ANY9 OTHER MONEY THAT THE GENERAL ASSEMBLY MAY APPROPRIATE OR10 TRANSFER TO THE ACCOUNT . THE STATE TREASURER SHALL CREDIT ALL11 INTEREST AND INCOME DERIVED FROM THE DEPOSIT AND INVESTMENT OF12 MONEY IN THE ACCOUNT TO THE ACCOUNT .13 (II) M ONEY IN THE ACCOUNT IS CONTINUOUSLY APPROPRIATED TO14 THE DEPARTMENT FOR AWARDING GRANTS FOR PURPOSES DESCRIBED IN15 SUBSECTIONS (2)(c), (2)(d), AND (2)(e) OF THIS SECTION, AND THE16 DEPARTMENT MAY EXPEND UP TO SIX PERCENT OF ANY MONEY17 APPROPRIATED OR TRANSFERRED BY THE GENERAL ASSEMBLY TO THE18 ACCOUNT PURSUANT TO THIS SUBSECTION (8)(b) FOR THE19 ADMINISTRATIVE COSTS INCURRED BY THE DEPARTMENT IN AWARDING20 GRANTS FOR SUCH PURPOSES.21 (III) N OTWITHSTANDING SUBSECTION (8)(b)(II) OF THIS SECTION,22 THE DEPARTMENT SHALL COMPLY WITH THE REQUIREMENTS OF SECTION23 29-35-205 (3) IN EXPENDING MONEY IN THE ACCOUNT .24 (9) Reporting. (a) O N OR BEFORE JANUARY 1, 2025, AND EACH25 J ANUARY 1 THEREAFTER FOR THE DURATION OF THE GRANT PROGRAM , THE26 DEPARTMENT SHALL SUBMIT A SUMMARIZED REPORT TO THE HOUSE OF27 HB24-1313 -51- REPRESENTATIVES TRANSPORTATION , HOUSING, AND LOCAL GOVERNMENT1 COMMITTEE AND THE SENATE LOCAL GOVERNMENT AND HOUSING2 COMMITTEE, OR THEIR SUCCESSOR COMMITTEES , ON RELEVANT3 INFORMATION REGARDING THE GRANT PROGRAM .4 (b) N OTWITHSTANDING SECTION 24-1-136 (11)(a)(I), THE5 REPORTING REQUIREMENTS SET FORTH IN THIS SECTION CONTINUE UNTIL6 ALL GRANT PROGRAM MONEY IS FULLY EXPENDED .7 (10) Definitions. A S USED IN THIS SECTION, UNLESS THE CONTEXT8 OTHERWISE REQUIRES:9 (a) "A CCOUNT" MEANS THE TRANSIT-ORIENTED COMMUNITIES10 HIGHWAY USERS TAX ACCOUNT CREATED WITHIN THE FUND IN SUBSECTION11 (8)(b) OF THIS SECTION.12 (b) "F UND" MEANS THE TRANSIT -ORIENTED COMMUNITIES13 INFRASTRUCTURE FUND CREATED IN SUBSECTION (8)(a) OF THIS SECTION.14 (c) "G RANT PROGRAM " MEANS THE TRANSIT -ORIENTED15 COMMUNITIES INFRASTRUCTURE GRANT PROGRAM CREATED IN THIS16 SECTION.17 SECTION 2. In Colorado Revised Statutes, 24-67-105, add (5.5)18 as follows:19 24-67-105. Standards and conditions for planned unit20 development - definitions. (5.5) (a) A NY PLANNED UNIT DEVELOPMENT21 RESOLUTION OR ORDINANCE THAT APPLIES WITHIN A TRANSIT CENTER OR22 NEIGHBORHOOD CENTER THAT IS ADOPTED OR APPROVED BY A LOCAL23 GOVERNMENT ON OR AFTER THE EFFECTIVE DATE OF THIS SUBSECTION24 (5.5) MUST NOT RESTRICT THE DEVELOPMENT OF HOUSING IN ANY MANNER25 THAT IS INCONSISTENT WITH THE REQUIREMENTS FOR DESIGNATING AN26 AREA AS A TRANSIT CENTER PURSUANT TO SECTION 29-35-206, OR AS A27 HB24-1313 -52- NEIGHBORHOOD CENTER PURSUANT TO SECTION 29-35-207.1 (b) A NY PLANNED UNIT DEVELOPMENT RESOLUTION OR2 ORDINANCE THAT APPLIES WITHIN A TRANSIT CENTER OR NEIGHBORHOOD3 CENTER THAT IS ADOPTED OR APPROVED BY A LOCAL GOVERNMENT4 BEFORE THE EFFECTIVE DATE OF THIS SUBSECTION (5.5) AND THAT5 RESTRICTS THE DEVELOPMENT OF HOUSING IN ANY MANNER THAT IS6 INCONSISTENT WITH THE REQUIREMENTS FOR DESIGNATING AN AREA AS A7 TRANSIT CENTER PURSUANT TO SECTION 29-35-206, OR AS A8 NEIGHBORHOOD CENTER PURSUANT TO SECTION 29-35-207:9 (I) M UST NOT BE INTERPRETED OR ENFORCED TO RESTRICT THE10 DEVELOPMENT OF MULTIFAMILY RESIDENTIAL DWELLING UNITS SO THAT11 A TRANSIT-ORIENTED COMMUNITY COULD NOT DESIGNATE AN AREA AS A12 TRANSIT CENTER OR NEIGHBORHOOD CENTER THAT WOULD OTHERWISE13 QUALIFY AS SUCH; AND14 (II) M AY BE SUPERSEDED BY THE ADOPTION OF A LOCAL LAW15 ADOPTED IN ACCORDANCE WITH THE REQUIREMENTS FOR DESI GNATION OF16 A TRANSIT CENTER PURSUANT TO SECTION 29-35-206, OR AS A17 NEIGHBORHOOD CENTER PURSUANT TO SECTION 29-35-207.18 (c) N OTWITHSTANDING SUBSECTION (5.5)(b) OF THIS SECTION, A19 LOCAL GOVERNMENT MAY ADOPT CONFORMING AMENDMENTS TO ANY20 SUCH PLANNED UNIT DEVELOPMENT RESOLUTION OR ORDINANCE .21 (d) A S USED IN THIS SUBSECTION (5.5), UNLESS THE CONTEXT22 OTHERWISE REQUIRES:23 (I) "L OCAL LAW" HAS THE SAME MEANING AS SET FORTH IN24 SECTION 29-35-102 (11).25 (II) "N EIGHBORHOOD CENTER " HAS THE SAME MEANING AS SET26 FORTH IN SECTION 29-35-202 (5).27 HB24-1313 -53- (III) "TRANSIT CENTER" HAS THE SAME MEANING AS SET FORTH IN1 SECTION 29-35-202 (11).2 SECTION 3. In Colorado Revised Statutes, 38-33.3-106.5, add3 (3) as follows:4 38-33.3-106.5. Prohibitions contrary to public policy -5 patriotic, political, or religious expression - public rights-of-way - fire6 prevention - renewable energy generation devices - affordable7 housing - drought prevention measures - child care - definitions.8 (3) (a) I N A TRANSIT CENTER OR NEIGHBORHOOD CENTER , AN9 ASSOCIATION SHALL NOT ADOPT A PROVISION OF A DECLARATION , BYLAW,10 OR RULE ON OR AFTER THE EFFECTIVE DATE OF THIS SUBSECTION (3) THAT11 RESTRICTS THE DEVELOPMENT OF HOUSING MORE THAN THE LOCAL LAW12 THAT APPLIES WITHIN THE TRANSIT CENTER OR NEIGHBORHOOD CENTER ,13 AND ANY PROVISION OF A DECLARATION, BYLAW, OR RULE THAT INCLUDES14 SUCH A RESTRICTION IS VOID AS A MATTER OF PUBLIC POLICY .15 (b) I N A TRANSIT CENTER OR NEIGHBORHOOD CENTER , NO16 PROVISION OF A DECLARATION, BYLAW, OR RULE OF AN ASSOCIATION THAT17 IS ADOPTED BEFORE THE EFFECTIVE DATE OF THIS SUBSECTION (3) MAY18 RESTRICT THE DEVELOPMENT OF HOUSING MORE THAN THE LOCAL LAW19 THAT APPLIES WITHIN THE TRANSIT CENTER OR NEIGHBORHOOD CENTER ,20 AND ANY PROVISION OF A DECLARATION, BYLAW, OR RULE THAT INCLUDES21 SUCH A RESTRICTION IS VOID AS A MATTER OF PUBLIC POLICY .22 (c) A S USED IN THIS SUBSECTION (3), UNLESS THE CONTEXT23 OTHERWISE REQUIRES:24 (I) "L OCAL LAW" HAS THE SAME MEANING AS SET FORTH IN25 SECTION 29-35-102 (11).26 (II) "N EIGHBORHOOD CENTER " HAS THE SAME MEANING AS SET27 HB24-1313 -54- FORTH IN SECTION 29-35-202 (5).1 (III) "T RANSIT CENTER" HAS THE SAME MEANING AS SET FORTH IN2 SECTION 29-35-202 (11).3 SECTION 4. In Colorado Revised Statutes, 39-22-2101, add4 (7.5) and (12) as follows:5 39-22-2101. Definitions. As used in this part 21, unless the6 context otherwise requires:7 (7.5) "N EIGHBORHOOD CENTER" HAS THE SAME MEANING AS SET8 FORTH IN SECTION 29-35-202 (5).9 (12) "T RANSIT CENTER" HAS THE SAME MEANING AS SET FORTH IN10 SECTION 29-35-202 (11).11 SECTION 5. In Colorado Revised Statutes, 39-22-2102, add12 (7.5) as follows:13 39-22-2102. Credit against tax - affordable housing14 developments - legislative declaration. (7.5) (a) S EPARATE FROM THE15 CREDITS THE AUTHORITY OTHERWISE ALLOCATES PURSUANT TO THIS16 SECTION, THE AUTHORITY SHALL ALLOCATE CREDITS FOR QUALIFIED17 DEVELOPMENTS THAT ARE LOCATED IN TRANSIT CENTERS OR18 NEIGHBORHOOD CENTERS .19 (b) N OTWITHSTANDING SUBSECTION (7) OF THIS SECTION, THE20 AGGREGATE AMOUNT OF ALL CREDITS ALLOCATED BY THE AUTHORITY21 PURSUANT TO SUBSECTION (7.5)(a) OF THIS SECTION SHALL NOT EXCEED22 A TOTAL OF THIRTY MILLION DOLLARS FOR TAX CREDITS ALLOCATED23 ANNUALLY BY THE AUTHORITY BEGINNING ON JANUARY 1, 2024, AND24 ENDING ON DECEMBER 31, 2031.25 SECTION 6. Safety clause. The general assembly finds,26 determines, and declares that this act is necessary for the immediate27 HB24-1313 -55- preservation of the public peace, health, or safety or for appropriations for1 the support and maintenance of the departments of the state and state2 institutions.3 HB24-1313 -56-