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B2E6D8EF46EE4C4887258C13007AD47B Hearing Summary




PUBLIC
BILL SUMMARY For PRESENTATION FROM THE OFFICE OF ECONOMIC DEVELOPMENT & INTERNATIONAL TRADE

JOINT COMMITTEE COMMITTEE ON JOINT SENATE LOCAL GOVERNMENT & HOUSING AND HOUSE TRANSPORTATION, HOUSING & LOCAL GOVERNMENT
Date Jan 15, 2025      
Location Old Supreme Court



Presentation from the Office of Economic Development & International Trade - Committee Discussion Only


03:22:15 PM  
Hilary Cooper, Office
of Economic Development and International Trade (OEDIT), Jeff Kraft, OEDIT,
and Kristi Budish, Colorado Housing and Finance Authority (CHFA), introduced
themselves and provided a summary of Fiscal Year 2024, Proposition 123,
and an overview of all new programs.



Their presentation can be found here:
https://leg.colorado.gov/sites/default/files/images/prop123_smart_act_1.10.25.pdf
03:34:43 PM  
The panelists responded
to questions from the committee on the process for land grants, how OEDIT
audits the use of Proposition 123's program funds, and the parameters used
to determine area middle income.






The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details

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