B42B769CC034460787258823006D8B4D Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For SB22-159SENATE COMMITTEE ON FINANCEDate Apr 13, 2022 Location Old Supreme Court SB22-159 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/A8E647DBF7B7...$File/Attachment B Merged.pdf?OpenElement Attachment B Merged.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/C991FDE07B2D...$File/Attachment C.pdf?OpenElement Attachment C.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/59AD53F22C05...$File/Attachment D.pdf?OpenElement Attachment D.pdf 01:56:35 PM Sens. Bridges and Zenzinger introduced Senate Bill 22-159. The bill creates the Transformational Affordable Housing Revolving Loan Program in the Division of Housing in the Department of Local Affairs to provide flexible, low-interest, and below-market-rate loan funding to make investments in transformational affordable housing. 02:07:12 PM Committee discussion ensued with the bill sponsors. 02:11:06 PM Mr. Brian Rossbert, representing Housing Colorado, testified to amend the bill. Commissioner Tamara Pogue, representing Colorado Counties, Inc. (CCI) & Counties & Commissioners Acting Together (CCAT), testified to amend the bill. Written testimony may be found in Attachment B. 02:12:11 PM Mr. Matt Gorenc, representing the Denver Metro Chamber of Commerce, testified in support of the bill. Ms. Kinsey Hasstedt, representing Enterprise Community Partners, testified in support of the bill. Ms. Cathy Alderman, representing the Colorado Coalition for the Homeless, testified in support of the bill. 02:21:50 PM Ms. Rachel Lee, representing the Colorado Association of Home Builders, testified in support of the bill. Mr. Jonathan Cappelli, representing Neighborhood Development Collaborative, testified in support of the bill. Director Alison George, representing the Division of Housing in the Department of Local Affairs, testified in support of the bill. 02:37:27 PM Motion Adopt amendment L.005 (Attachment C) Moved Lee Seconded Hisey Lee Priola Winter Gonzales YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:37:48 PM Motion Adopt amendment L.006 (Attachment D) Moved Lee Seconded Hisey Lee Priola Winter Gonzales YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:39:05 PM Motion Refer Senate Bill 22-159, as amended, to the Committee on Appropriations. Moved Lee Seconded Hisey Yes Lee Yes Priola Yes Winter Excused Gonzales Yes Final YES: 4 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS