Middle Income Access Program Expansion
SB22-146
Last Action: Signed by Governor 05/16/2022
Concerning the expansion of the Colorado housing and finance authority's middle income access program, and, in connection therewith, making an appropriation.
SESSION: 2022 Regular Session
SUBJECT: Housing
BILL SUMMARY
The act appropriates $25 million from the affordable housing and home ownership cash fund, which money originates from the general fund, to the department of local affairs (DOLA) for expansion of the middle income access program created and administered by the Colorado housing and finance authority (CHFA). The act requires the division of housing within DOLA to contract with CHFA for administration of the money appropriated.
(Note: This summary applies to this bill as enacted.)