0 chapters · 492 sections in this title.
Colo. Rev. Stat. § 29-4-115 Mortgage when financed by government
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(1) In connection with any housing project financed in whole or in part by a government, every city also has power to mortgage all or any part of such housing project, the construction of which was financed with the proceeds of its bonds or with such proceeds supplemented by the …
Colo. Rev. Stat. § 29-4-116 Remedies of an obligee of city
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(1) Any obligee of the city has the right, in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon such obligee: (a) By mandamus, suit, action, or proceeding in law or equity, all of which may be joined in …
Colo. Rev. Stat. § 29-4-117 Additional remedies
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(1) Any city has power by its trust indenture, mortgage, lease, or other contract relating to a housing project to confer upon any obligee holding or representing a specified amount in bonds, leases, or other obligations, the right, in the event of default, as defined in such ins…
Colo. Rev. Stat. § 29-4-118 Remedies cumulative
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All the rights and remedies conferred by this part 1 shall be cumulative and in addition to all other rights and remedies that are conferred upon such obligee of the city by law or by any agreement with the city. Source: L. 35: p. 519, � 19. CSA: C. 82, � 22. CRS 53: � 69-2-18. C…
Colo. Rev. Stat. § 29-4-119 Limitations on remedies of obligee
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No interest of the city in any housing project shall be subject to sale by the foreclosure of a mortgage thereon either through judicial proceedings or the exercise of a power of sale contained in such mortgage except in the case of mortgages not provided for in section 29-4-115.…
Colo. Rev. Stat. § 29-4-120 Foreclosure sale subject to government agreement
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Notwithstanding anything in this part 1 to the contrary, any purchaser at a sale of real or personal property constituting part of a housing project of a city pursuant to any foreclosure of a mortgage of the city shall obtain title subject to any contract between the authority an…
Colo. Rev. Stat. § 29-4-1201 Definitions
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As used in this part 12, unless the context otherwise requires: (1) Affordable housing financial assistance means loans, grants, equity, bonds, or tax credits provided to a multifamily rental property from any source to support the creation, preservation, or rehabilitation of aff…
Colo. Rev. Stat. § 29-4-1203 Right of first offer - eligibility - process - notice - definition
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(1) Definition of qualifying property. As used in this section, unless the context otherwise requires, qualifying property means a multifamily residential or mixed-use rental property consisting of not more than one hundred units and not less than fifteen units and excluding exis…
Colo. Rev. Stat. § 29-4-1205 Exemptions
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(1) This part 12 does not apply to any sale, transfer, or conveyance of an applicable qualifying property by a residential seller: (a) Made to, if wholly or majority owned, directly or indirectly, by, beneficially held, all or in part, in common with, or under common ownership or…
Colo. Rev. Stat. § 29-4-1206 Remedies for noncompliance
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(1) (a) Notwithstanding subsection (1)(b) of this section and subject to the availability of resources, it is the responsibility of the attorney general's office to enforce the provisions of this part 12, and the attorney general may intervene in any action brought pursuant to su…
Colo. Rev. Stat. § 29-4-1207 Termination of right of first refusal and right of first offer
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The rights of first refusal and first offer established in this part 12 terminate on December 31, 2029. A residential seller is not required to provide notices required pursuant to this part 12 after December 31, 2029, and a local government shall not exercise the right of first …
Colo. Rev. Stat. § 29-4-1208 Repeal of part
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This part 12 is repealed, effective July 1, 2031. Source: L. 2024: Entire part added, (HB 24-1175), ch. 286, p. 1918, � 1, effective August 7. MISCELLANEOUS
Colo. Rev. Stat. § 29-4-121 Action by resolution
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Except as otherwise provided in this part 1, all action required or authorized to be taken under this part 1 by the council of any city may be by resolution adopted by a majority of all the members of such council, which resolution may be adopted at the meeting of the council at …
Colo. Rev. Stat. § 29-4-122 Tax exemptions
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(1) In connection with any housing project, the city shall be exempt from the payment of any taxes or fees to the state or any subdivision thereof, or to any officer or employee of the state or any subdivision thereof. The property of the city constituting a part of any housing p…
Colo. Rev. Stat. § 29-4-123 Supplemental nature of article
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The powers conferred by this part 1 shall be in addition and supplemental to the powers conferred by any other law and not in substitution for the powers conferred by any other law. Bonds may be issued under this part 1 for any housing project notwithstanding that any other law m…
Colo. Rev. Stat. § 29-4-201 Short title
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This part 2 shall be known and may be cited as the Housing Authorities Law. Source: L. 35: p. 523, � 1. CSA: C. 82, � 29. CRS 53: � 69-3-1. C.R.S. 1963: � 69-3-1.
Colo. Rev. Stat. § 29-4-202 Legislative declaration
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(1) It is hereby declared: (a) That unsanitary or unsafe dwelling accommodations exist in various cities and that such unsafe or unsanitary conditions arise from overcrowding and concentration of population, the obsolete and poor condition of buildings, improper planning, excessi…
Colo. Rev. Stat. § 29-4-203 Definitions
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As used in this part 2, unless the context otherwise requires: (1) Authority or housing authority means a corporate body organized in accordance with the provisions of this part 2 for the purposes, with the powers, and subject to the restrictions set forth in this part 2. (2) Bon…
Colo. Rev. Stat. § 29-4-204 Petition for creation of authority - notice - hearing
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(1) Any twenty-five residents of the city may file a petition with the city clerk setting forth that there is a need for an authority to function in the city. Upon the filing of such a petition, the city clerk shall give notice of the time, place, and purposes of a public hearing…
Colo. Rev. Stat. § 29-4-205 Appointment of commissioners
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(1) The authority shall consist of commissioners selected by the council in the manner provided in either subsection (2) or (3) of this section. (2) The council may provide that all members of the governing body of the city shall ex officio be appointed the commissioners of the a…
Colo. Rev. Stat. § 29-4-206 Duty of the authority and commissioners
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The authority and its commissioners are under a statutory duty to comply or to cause strict compliance with all provisions of this part 2 and the laws of the state of Colorado, and, in addition thereto, with each term, provision, and covenant in any contract, on the part of the a…
Colo. Rev. Stat. § 29-4-207 Interested commissioners or employees
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No commissioner or employee of an authority shall acquire any interest, direct or indirect, in any project or in any property included or planned to be included in any project, nor shall he have any interest, direct or indirect, in any contract or proposed contract for materials …
Colo. Rev. Stat. § 29-4-208 Removal of commissioners
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(1) The mayor may remove a commissioner for inefficiency or neglect of duty or misconduct in office, but only after the commissioner has been given a copy of the charges, which may be made by the mayor against him and has had an opportunity to be heard in person or by counsel. (2…
Colo. Rev. Stat. § 29-4-209 Powers of authority
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(1) An authority shall constitute a body both corporate and politic, exercising public powers and having all the powers necessary or convenient to carry out and effectuate the purposes and provisions of this part 2, including the following powers in addition to others granted in …
Colo. Rev. Stat. § 29-4-210 Rentals and tenant selection
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(1) In the operation or management of housing projects, any housing authority at all times shall observe the following duties with respect to rentals and tenant selection: (a) It may rent or lease dwelling accommodations therein only to persons of low income, being persons receiv…
Colo. Rev. Stat. § 29-4-211 Eminent domain
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(1) The authority has the right to acquire by eminent domain any property, real or personal, which it may deem necessary to carry out the purposes of this part 2 after the adoption by it of a resolution declaring that the acquisition of the property described therein is in the pu…
Colo. Rev. Stat. § 29-4-212 Acquisition of land for government
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The authority may acquire by purchase or by the exercise of its power of eminent domain any property, real or personal, which it may deem necessary for any project being constructed or operated by a government. The authority, upon such terms and conditions as it determines, may c…
Colo. Rev. Stat. § 29-4-213 Zoning and building laws
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All projects of an authority are subject to the planning, zoning, sanitary, and building laws, ordinances, and regulations applicable to the locality in which the project is situated. Source: L. 35: p. 538, � 13. CSA: C. 82, � 41. CRS 53: � 69-3-13. C.R.S. 1963: � 69-3-13. Cross …
Colo. Rev. Stat. § 29-4-214 Types of bonds
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(1) The authority has the power and is authorized from time to time in its discretion to issue for any of its corporate purposes: (a) Bonds on which the principal and interest are payable: (I) Exclusively from the income and revenues of the project financed with the proceeds of s…
Colo. Rev. Stat. § 29-4-215 Form of bonds
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(1) The bonds of the authority shall be authorized by its resolution and issued in one or more series, and they shall bear such dates; mature at such times, not exceeding sixty years from their respective dates; bear interest at such rate, payable semiannually; be in such denomin…
Colo. Rev. Stat. § 29-4-216 Provisions of bond or mortgage
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(1) In connection with the issuance of bonds or the incurring of any obligation under a lease, and in order to secure the payment of such bonds or obligations, the authority has the power: (a) To pledge by resolution, trust indenture, mortgage subject to the limitations imposed i…
Colo. Rev. Stat. § 29-4-217 Power to mortgage - when
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(1) In connection with any project, the authority also has the power to mortgage all or any part of its property, real or personal, then owned or thereafter acquired, and thereby: (a) To vest in a government the right, upon the happening of an event of default as defined in such …
Colo. Rev. Stat. § 29-4-218 Remedies of an obligee of authority
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(1) Any obligee of the authority has the right, in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon such obligee: (a) By mandamus, suit, action, or proceeding in law or equity, all of which may be joine…
Colo. Rev. Stat. § 29-4-219 Additional remedies
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(1) Any authority has the power, by its trust indenture, mortgage, lease, or other contract, to confer upon any obligee holding or representing a specified amount in bonds, lease, or other obligations the right, upon the happening of an event of default as defined in such instrum…
Colo. Rev. Stat. § 29-4-220 Remedies cumulative
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All the rights and remedies conferred by this part 2 are cumulative and in addition to all other rights and remedies that may be conferred upon such obligee of the authority by law or by any agreement with the authority. Source: L. 35: p. 548, � 20. CSA: C. 82, � 48. CRS 53: � 69…
Colo. Rev. Stat. § 29-4-221 Limitations on remedies of obligee
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No interest of the authority in any property, real or personal, shall be subject to sale by the foreclosure of a mortgage thereon, either through judicial proceedings or the exercise of a power of sale contained in such mortgage, except in the case of the mortgages provided for i…
Colo. Rev. Stat. § 29-4-222 Sale subject to government agreement
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Notwithstanding anything in this part 2 to the contrary, any purchaser at a sale of real or personal property of the authority pursuant to any foreclosure of a mortgage of the authority shall obtain title subject to any contract between the authority and the government relating t…
Colo. Rev. Stat. § 29-4-223 Contracts with federal government
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(1) In addition to the powers conferred upon the authority by other provisions of this part 2, the authority is empowered: (a) To borrow money from the federal government to finance the construction of any project which such authority is authorized by this part 2 to undertake; (b…
Colo. Rev. Stat. § 29-4-224 Wage and labor conditions
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Notwithstanding anything to the contrary contained in the housing authorities law or in any other provision of law, any housing authority is empowered to include in any construction contract let in connection with a housing project, as defined in said housing authorities law, sti…
Colo. Rev. Stat. § 29-4-225 Insurance
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A housing authority, in addition to its other powers, has the power to procure or agree to the procurement of insurance or guarantees from the federal government for the payment of any debts or parts thereof incurred by said authority, including the power to pay premiums on any s…
Colo. Rev. Stat. § 29-4-226 Exemption from special assessments
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(1) Except as otherwise provided in subsection (2) of this section, the following are exempt from the payment of any special assessments to the state, any county, city and county, municipality, or other political subdivision of the state: (a) A housing authority; (b) The property…
Colo. Rev. Stat. § 29-4-227 Tax exemptions
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(1) (a) Except for the administrative fees collectible in connection with the inclusion of property within the boundaries of the Colorado new energy improvement district as authorized by section 29-4-226 (2), an authority is exempt from the payment of any taxes or fees to the sta…
Colo. Rev. Stat. § 29-4-228 Reports
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The authority shall, at least once a year, file with the mayor of the city a report of its activities for the preceding year and shall make any recommendations with reference to any additional legislation or other action that may be necessary in order to carry out the purposes of…
Colo. Rev. Stat. § 29-4-229 Low rentals
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It is the purpose and intent of this part 2 to authorize and impose a duty on the authority to provide safe and sanitary dwelling accommodations at such rentals that persons of low income can afford to live in such dwelling accommodations. To this end, the authority from time to …
Colo. Rev. Stat. § 29-4-230 Previous housing authorities validated
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The creation and organization of housing authorities pursuant to this part 2 together with all proceedings, acts, and things undertaken, performed, or done prior to May 17, 1939, with reference thereto are validated, ratified, confirmed, approved, and declared legal in all respec…
Colo. Rev. Stat. § 29-4-231 Contracts and undertakings validated
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All contracts, agreements, obligations, and undertakings of such housing authorities entered into prior to May 17, 1939, relating to financing or aiding in the development, construction, maintenance, or operation of any housing project, or to obtaining aid therefor from the Unite…
Colo. Rev. Stat. § 29-4-232 Notes and bonds validated
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All proceedings, acts, and things undertaken, performed, or done prior to May 17, 1939, in or for the authorization, issuance, execution, and delivery of notes and bonds by housing authorities for the purpose of financing or aiding in the development or construction of a housing …
Colo. Rev. Stat. § 29-4-301 Short title
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This part 3 shall be known and may be cited as the Rehabilitation Act of 1945. Source: L. 45: p. 617, � 2. CSA: C. 82, � 63. CRS 53: � 69-4-2. C.R.S. 1963: � 69-4-2.
Colo. Rev. Stat. § 29-4-302 Legislative declaration
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It is determined and declared that there exist within the state of Colorado substandard and unsanitary areas, occasioned by inadequate planning, excessive land coverage, lack of proper light, air, and open space, defective design and arrangement of buildings, lack of proper sanit…
Colo. Rev. Stat. § 29-4-303 Definitions
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As used in this part 3, unless the context otherwise requires: (1) Area means that portion of a municipality for which a plan of rehabilitation is adopted by the city council of a municipality as set out in this part 3. (2) Authority means the agency created by ordinance of the c…