h_tra_2016a_2016-05-05t10:54:07z2 Hearing Summary

Date: 05/05/2016

12:00 PM -- HB 16-1465



Representatives Duran and J. Becker presented House Bill 16-1465. The bill extends the number of years, from two to five years, in which the Colorado Housing and Finance Authority (CHFA) may allocate low-income housing income tax credits.



12:04 PM -- Cris White, representing CHFA, testified in support of the bill. A list of organizational support for the bill was distributed to the committee (Attachment G). Mr. White responded to questions from the committee.



160505 AttachG.pdf



12:19 PM -- Jenifer Waller, representing the Colorado Bankers Association, testified in support of the bill.

12:21 PM -- Sara Reynolds, representing Housing Colorado, testified in support of the bill.

12:22 PM -- Kimball Crangle representing Gorman & Company, testified in support of the bill.

12:24 PM -- Neal Mendel, representing Mendel Development Company, testified in support of the bill. Mr. Mendel responded to questions from the committee.

12:27 PM -- Ryan Brennan, representing Advantage Capital, testified in support of the bill. Mr. Brennan responded to questions from the committee.

12:29 PM -- Meghan Dollar, representing the Colorado Municipal League, testified in support of the bill.

12:30 PM -- Mizraim Cordero, representing the Denver Metro Chamber of Commerce, testified in support of the bill.



12:32 PM



Representatives Duran and J. Becker made their closing comments on the bill. The committee discussed the merits of the bill.



12:36 PM



The bill was laid over for action later in the meeting.