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LWVCO Housing Committee

Affordable Housing Ballot Initiative
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Update: The Dedicated State Income Tax Revenue for Affordable Housing Programs ballot initiative #108 has been approved for circulation.

See https://www.sos.state.co.us/pubs/elections/Initiatives/titleBoard/results/2021-2022/108Results.html

Also attached is a fact sheet from Gary Community Ventures.

There is a ballot initiative proposal in the works for a State Affordable Housing Fund.

https://leg.colorado.gov/content/dedicated-state-income-tax-revenue-affordable-housing-programs

There's a hearing on April 20 at 9:00 am.

COMMENCING ON JANUARY 1, 2023, ALL STATE REVENUES COLLECTED FROM AN EXISTING TAX ON ONE-TENTH OF ONE PERCENT ON FEDERAL TAXABLE INCOME, AS MODIFIED BY LAW, OF EVERY INDIVIDUAL, ESTATE, TRUST, AND CORPORATION, AS DEFINED IN LAW, AS CALCULATED PURSUANT TO SUBSECTION (4) OF THIS SECTION, SHALL BE DEPOSITED IN THE FUND BY THE STATE TREASURER.


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