Page 1
May 1, 2024 HB 24-1313
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Revised Fiscal Note
(replaces fiscal note dated April 10,2024)
Drafting Number:
Prime Sponsors:
LLS 24-0288
Rep. Woodrow; Jodeh
Sen. Hansen; Winter F.
Date:
Bill Status:
Fiscal Analyst:
May 1, 2024
Senate Appropriations
Josh Abram | 303-866-3561
josh.abram@coleg.gov
Louis Pino | 303-866-3556
Bill Topic: HOUSING IN TRANSIT-ORIENTED COMMUNITIES
Summary of
Fiscal Impact:
☒ State Revenue
☒ State Expenditure
☒ State Transfer
☒ TABOR Refund
☒ Local Government
☒ Statutory Public Entity
The bill requires that certain local governments plan and implement housing density
goals approved by the Department of Local Affairs (DOLA) and creates a grant
program and other technical assistance to support these efforts. Beginning
FY 2024-25, the bill transfers money from the General Fund, and increases
expenditures by the state and affected local governments.
Appropriation
Summary:
For FY 2024-25, the bill requires an appropriation of $183,138 to the Colorado
Energy Office. The other funds affected by the bill are continuously appropriated.
See State Appropriations section.
Fiscal Note
Status:
The revised fiscal note reflects the reengrossed bill, as amended by the Senate Local
Government and Housing Committee
Table 1
State Fiscal Impacts Under HB 24-1313
Budget Year
FY 2024-25
Out Year
FY 2025-26
Revenue - -
Expenditures General Fund $183,138 $83,138
Cash Funds $8,924,688 $8,797,295
Centrally Appropriated $127,895 $144,359
Total Expenditures $9,235,721 $9,024,792
Total FTE 6.6 FTE 7.5 FTE
Transfers and Diversions General Fund ($35 million) -
Transit Communities Cash Fund $35 million -
Net Transfer / Diversion $0 -
Other Budget Impacts General Fund Reserve $27,471 $12,471
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May 1, 2024 HB 24-1313
Summary of Legislation
The bill identifies local governments that must create, report, and implement a housing
opportunity goal to increase housing inventory. The Department of Local Affairs (DOLA) in
collaboration with the Colorado Energy Office (CEO) and the Colorado Department of
Transportation (CDOT), must provide broad technical assistance to affected local governments,
and administer a grant program to assist with planning, compliance, and infrastructure projects.
Transit-oriented communities. The bill affects any municipality with a population of at least
4,000 residents that lies within a metropolitan planning organization (MPO). The bill also affects
county governments whose jurisdictions include a specific portion of a transit station area or
transit corridor.
Housing opportunity goal report. The bill requires that transit-oriented communities submit a
housing opportunity goal report to DOLA. A preliminary report is due by January 2025 and
another by December 2026. Progress reports are required every three years. The housing
opportunity goal report must:
calculate a housing opportunity goal to determine a target average zoned housing density;
include data, methodology and maps used to calculate the goal;
identify zoning districts that may qualify as transit centers or neighborhood centers;
adopt affordability strategies, displacement mitigation strategies, and implementation plans;
and,
if applicable, provide an analysis that there are insufficient water supplies to provide the
needed domestic service necessary to meet the goal.
DOLA must either approve the report or provide direction for amending and resubmitting the
report. If a transit-oriented community fails to create the housing opportunity goal report or if
DOLA does not approve the report by December 2027, or if progress reports are not submitted
and approved, DOLA must designate the community as non-qualified.
Transit and neighborhood centers. The bill establishes multiple criteria for transit-oriented
communities to designate areas as transit centers and neighborhood centers, with these
designations subject to approval by DOLA. Among other requirements, transit centers must net
housing density requirements, have an administrative process for multifamily development on
specific parcels, and be located within a transit area. DOLA may establish other criteria
communities must use to designate transit and neighborhood centers.
DOLA technical assistance. By July 31, 2024, DOLA must consult with MPOs and transit
agencies to publish a map designating transit areas to be used in calculating local governments’
housing opportunity goals. By December 1, 2024, DOLA must publish models and guidance to
assist local governments in meeting their goals, and calculating the appropriate housing density
for transit-oriented communities. By June 30, 2025, DOLA must develop a menu of standard
affordability strategies and long-term and alternative affordability strategies for communities to
adopt and include in their housing opportunity goal reports. DOLA must also provide guidance
and a methodology for local governments to conduct displacement risk assessments, and
develop a menu of displacement mitigation strategies. Page 3
May 1, 2024 HB 24-1313
Grant program. The bill creates the Transit-oriented Communities Infrastructure Grant Program
in DOLA to assist local governments with planning, community engagement, and infrastructure
projects for the benefit of regulated affordable housing, transit centers and neighborhood
centers.
Funding. The bill creates the Transit-oriented Communities Infrastructure Fund in the state
treasury (the fund). In FY 2024-25, the treasurer must transfer $35 million from the General Fund
to the fund.
Money in the fund is continuously appropriated to DOLA. The department may spend up to six
percent of money in the fund for administrative expenses to provide technical assistance and
administer the grant program.
State Transfers
In FY 2024-25, the bill transfers $35 million from the General Fund to the Transit-oriented
Communities Infrastructure Fund.
State Expenditures
The bill increases state expenditures by about $9.2 million in FY 2024-25 and $9.0 million in
FY 2025-26 and ongoing. Expenditures are in DOLA, CDOT, and the CEO, paid from a
combination of cash funds and General Fund. Workload may also increase in the Departments of
Law and Regulatory Agencies. Expenditures are shown in Table 3 and detailed below. Page 4
May 1, 2024 HB 24-1313
Table 3
Expenditures Under HB 24-1313
FY 2024-25 FY 2025-26
Department of Local Affairs
Personal Services $360,130 $422,785
Operating Expenses $6,144 $7,296
Capital Outlay Costs $40,020 -
Local Government Information System Upgrade $70,000 $5,000
Consultant Services $163,450 $83,940
Infrastructure Grants $8,200,000 $8,200,000
Centrally Appropriated Costs
1
$90,241 $106,705
FTE – Personal Services 4.8 FTE 5.7 FTE
DOLA Subtotal $8,929,985 $8,825,726
Department of Transportation
Personal Services $76,994 $76,994
Operating Expenses $1,280 $1,280
Capital Outlay Costs $6,670 -
Centrally Appropriated Costs
1
$20,097 $20,097
FTE – Personal Services 1.0 FTE 1.0 FTE
CDOT Subtotal $105,041 $98,371
Colorado Energy Office
Personal Services $80,584 $80,584
Operating Expenses $1,024 $1,024
Consultant $100,000 -
Technical Mapping Services $1,530 $1,530
Centrally Appropriated Costs
1
$17,557 $17,557
FTE – Personal Services 0.8 FTE 0.8 FTE
CEO Subtotal $200,695 $100,695
Total Cost $9,235,721 $9,024,792
Total FTE 6.6 FTE 7.5 FTE
1
Centrally appropriated costs are not included in the bill's appropriation. Page 5
May 1, 2024 HB 24-1313
Department of Local Affairs
DOLA will have costs to provide technical assistance and oversee implementation of the bill’s
transit-oriented community goals, and to manage a new grant program, as outlined below.
Staff. DOLA requires 4.7 FTE in FY 2024-25 and 5.7 FTE in FY 2025-26 in the Division of Local
Government and the Division of Housing, including a manager, program assistant, technical
assistance planner and statistical analyst, to implement the reporting and compliance
requirements and provide other technical assistance to transit-oriented communities. These
staff also include contracting and communication specialists to assist with the grant
program. Personal services include standard operating and capital outlay costs.
Local government information system upgrade. The Office of Information Technology
will provide upgrades to the Local Government Information System to receive and host new
document types and reports submitted by transit-oriented communities to the department.
Consultant services. DOLA requires consultant services to create and refine models, advise
staff on complex technical issues related to compliance and grant program awards, and to
assist with evaluations and feedback on housing opportunity goal reports.
Infrastructure grants. The Transit-oriented Communities Infrastructure Fund will have
$35 million deposited into the fund in FY 2024-25. Assuming this funding is available for four
years, through FY 2027-28, approximately $2.2 million will be spent for administrative
purposes, leaving about $32.8 million to provide in grants to qualified transit-oriented
communities. Assuming this amount is distributed evenly across 4 years equals about $8.2
million in grants annually, beginning FY 2024-25.
Colorado Department of Transportation
CDOT requires 1.0 FTE Analyst V to assist DOLA with consulting services, planning and oversight,
and participate in outreach and training when implementing the reporting and compliance
requirements.
Colorado Energy Office
The Colorado Energy Office will require the equivalent of 0.8 FTE at the analyst level to
coordinate with CDOT and DOLA, including assistance with document review, technical
assistance, grant application review, and other implementation activities. The fiscal note assumes
that CEO will have a lead role in developing technical analysis and mapping for the transit areas
map with DOLA and CDOT, which requires the purchase of consultant services to help create
appropriate models and provide guidance and technical mapping services.
Department of Law
The Department of Law will have an increase in workload to provide legal services to partner
agencies implementing the act. It is assumed that no adjustment in appropriations is required
for this work.
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May 1, 2024 HB 24-1313
Centrally Appropriated Costs
Pursuant to a Joint Budget Committee policy, certain costs associated with this bill are
addressed through the annual budget process and centrally appropriated in the Long Bill or
supplemental appropriations bills, rather than in this bill. These costs, which include employee
insurance and supplemental employee retirement payments, are shown in Table 3.
Other Budget Impacts
General Fund reserve. Under current law, an amount equal to 15 percent of General Fund
appropriations must be set aside in the General Fund statutory reserve. Based on this fiscal note,
the bill is expected to increase the amount of General Fund held in reserve by the amounts
shown in Table 1, decreasing the amount of General Fund available for other purposes.
Local Government
Affected jurisdictions will have increased costs to analyze existing transit areas and calculate the
required housing opportunity goal, review and update local codes and ordinance, report
progress and demonstrate compliance with DOLA, and apply for and manage grants.
Effective Date
The bill takes effect upon signature of the Governor, or upon becoming law without his
signature.
State Appropriations
For FY 2024-25, the bill requires and includes a General Fund appropriation of $183,138 to the
Colorado Energy Office, and 0.8 FTE.
In addition, the bill requires and includes a reappropriation of $70,000 to the Governor’s Office
of Information Technology from the Transit-oriented Communities Infrastructure Fund in DOLA.
Expenditures in the Department of Local Affairs are paid from the Transit-oriented Communities
Infrastructure Fund and expenditures in the Colorado Department of Transportation are paid
from the State Highway Fund. These funds are continuously appropriated to their respective
departments, and no additional appropriations are required in this bill.
State and Local Government Contacts
CHFA Counties Law
Local Affairs Municipalities Energy Office
Revenue Transportation
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit the General Assembly website.