SB 26-53

Senate Bill 26-53, which has been signed into law in Colorado, expands access to mortgage loans through the Colorado Housing and Finance Authority for first responders. The bill defines "first responder" to include peace officers (such as noncertified deputy sheriffs), firefighters, emergency medical technicians, corrections officers, port of entry officers, and wildlife officers. It also sets an income limit for families who qualify for these mortgage benefits under this new program. This means that eligible first responders will have easier access to home loans through the state authority, helping them with housing needs.

Official Summary

The act expands eligibility for mortgage loans through the Colorado housing and finance authority to first responders. The act also defines the term 'first responder' to include peace officers, firefighters, and emergency medical technicians, and defines the term 'peace officer' to include a noncertified deputy sheriff, an emergency communications specialist, a corrections officer, a port of entry officer, or a wildlife officer.The act also sets an income limit for families made eligible for mortgage loans by the act.(Note: This summary applies to this bill as enacted.)

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