May 1, 2019
Denver, CO – The Colorado State Senate today voted 32-to-3 to pass HB19-1319, Incentives Developers Facilitate Affordable Housing, a bipartisan bill sponsored by Senator Faith Winter (D-Westminster) to incentivize the construction of affordable housing. It now moves to Governor Polis for his signature.
“There are children in my district who worry more about where they will sleep at night than about the homework in their backpack,” said Senator Winter. “We have an affordable housing crisis in Colorado, and this bill is one way we can start to solve this problem.”
According to the National Low Income Housing Coalition, Colorado now has the 11th most expensive housing prices in the country. HB19-1319 would help identify state-owned undeveloped lands that could be used to build housing for low- and moderate-income households. It would also remove regulatory hurdles and incentivize developers to create more affordable housing units.
The House passed HB19-1319 by a vote of 63-to-1. For more information on this bill please visit: https://leg.colorado.gov/bills/hb19-1319.