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SB 25-245 CO
Became Law

Housing Development Grant Fund Administrative Costs

CO · session 2025A · Senate · bill

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Introduced Mar 31, 2025

Latest action (Apr 25, 2025) Introduced In Senate - Assigned to Appropriations

Summary

The housing development grant fund (fund) has been continuously appropriated to the division of housing in the department of local affairs (division), and the division has been authorized to expend up to 3% of the money in the fund for its administration of the fund. Beginning in state fiscal year 2025-26, the act increases the percentage of money in the fund that the division may expend for such administration to 4% and makes the expenditure of money from the fund for administrative costs subject to annual appropriation by the general assembly. For the 2025-26 state fiscal year, the act appropriates $187,659 to the department of local affairs for use by the division of housing for affordable housing program costs. (Note: This summary applies to this bill as enacted.)

Sponsors (4)

2 coauthors / cosponsors

Action history (12)

  1. Apr 25, 2025 Governor Signed · executive
  2. Apr 16, 2025 Sent to the Governor · executive
  3. Apr 16, 2025 Signed by the Speaker of the House · lower
  4. Apr 15, 2025 Signed by the President of the Senate · upper
  5. Apr 10, 2025 House Third Reading Passed - No Amendments · lower
  6. Apr 9, 2025 House Second Reading Special Order - Passed - No Amendments · lower
  7. Apr 8, 2025 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
  8. Apr 3, 2025 Introduced In House - Assigned to Appropriations · lower
  9. Apr 3, 2025 Senate Third Reading Passed - No Amendments · upper
  10. Apr 2, 2025 Senate Second Reading Special Order - Passed - No Amendments · upper
  11. Apr 1, 2025 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
  12. Mar 31, 2025 Introduced In Senate - Assigned to Appropriations · upper

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