H_FIN_2019A 03/21/2019 11:50:40 AM Committee Summary

Representatives Titone and Bird presented House Bill 19-1228 to the committee.  For tax years 2020 through 2024, this bill increases the amount of state affordable housing tax credits that the Colorado Housing and Finance Authority (CHFA) may allocate each year.

Karlyn Huffman, representing Yale Station, testified in support of the bill.

Jo Feder, representing the League of Women Voters, testified in support of the bill.

Kimball Crangle, representing Gorman & Company, testified in support of the bill.

Michael Medina, representing himself, testified in support of the bill.

Karen Kallenberg, representing Habitat for Humanity of Colorado, testified in support of the bill.

Jenni Grafton, representing the City of Westminster, testified in support of the bill.

Thomas Davidson, representing Counties & Commissioners Acting Together and Colorado Counties Incorporated, testified in support of the bill.

Gini Pingenot, reprsenting Colorado Counties Incorporated, testified in support of the bill.

Peter Lifari, representing Unison Housing Partners, testified in support of the bill.

Elena Wilken, representing Housing Colorado, testified in support of the bill.

Rachel Stern, representing Advantage Capital, testified in support of the bill.

Chris Hite, representing Sugar Creek Capital, testified in support of the bill and responded to questions from the committee.

Mr. Lifari responded to questions from the committee.

Holly Jackson, representing Silva-Markham Partners, testified in a neutral capacity.

Jessica Dominguez, representing InterFaith Alliance, testified in support of the bill.

Aaron Miripol, representing Urban Land Consulting, testified in support of the bill.

Jerilynn Martinez, representing CHFA, testified in support of the bill.

Ms. Martinez and Mr. Miripol responded to questions from the committee.

Meghan Dollar, representing the Colorado Municipal League, testified in support of the bill.

Representatives Bird and Titone made closing comments on the bill.

Representative Bird presented Senate Bird 19-138, which expands bonding requirements to projects using public or private money or financing on public real property.  Representative Bird responded to committee questions.

Scott Deering, representing American Subcontractors Association of Colorado, testified in support of the bill.

Tom Patton, representing Rocky Mountain Surety Association, testified in support of the bill.

Jenn Penn, representing Building Jobs and Colorado, testified in support of the bill.

Ms. Penn and Mr. Patton responded to committee questions.

Representative Bird distributed and explained Amendment L.004 (Attachment B).

Representative Bird and members of the committee made closing comments on the bill.