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Colo. Rev. Stat. § 29-32-101 Definitions
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As used in this article, unless the context otherwise requires: (1) "Administrator" means a political subdivision of the State of Colorado established for the purposes, among others, of increasing the supply of decent, safe, and sanitary housing for low- and moderate-income famil…
Colo. Rev. Stat. § 29-32-102 State affordable housing fund
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(1) The state affordable housing fund is hereby created in the state treasury. 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 corpo…
Colo. Rev. Stat. § 29-32-103 Transfers of money - permitted uses of the fund - continuous appropriation - repeal
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(1) (a) The affordable housing support fund is hereby created in the state treasury. The support fund consists of money deposited into it under subsections (1)(b)(II) and (3) of this section. The division of housing shall administer the support fund and expend the money in the su…
Colo. Rev. Stat. § 29-32-104 Permissible expenditures - affordable housing programs - report - definitions - repeal
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(1) The office shall contract with the administrator. The office may select an administrator without a competitive procurement process but shall announce the contract opening publicly and select the administrator in a meeting that is open to the public, no less than seventy-two h…