Colorado legislature passes bill to loosen restrictions on how counties fund affordable housing

Colorado legislature passes bill to loosen restrictions on how counties fund affordable housing

A bill to give counties more ways to fund affordable housing cleared the Colorado legislature Wednesday and is on its way to Gov. Jared Polis’ desk.  Senate Bill 1 would allow counties to spend property tax revenue collected in their general fund on affordable housing efforts, and allow counties and municipalities to sell buildings and land they own to fund workforce housing developments, except for parks.  The bill also grants more flexibility …