HB 22-1051

signed

Mod Affordable Housing Tax Credit

Plain-English Summary

AI-generated

House Bill 22-1051, also known as the Modified Affordable Housing Tax Credit bill, extends a program that allows the Colorado Housing and Finance Authority (CHFA) to allocate tax credits for affordable housing projects. This program provides up to $10 million annually in tax credits from January 1, 2020, through December 31, 2031, helping developers build more affordable homes. The bill has been signed into law, meaning the extended period is now active and developers can continue to apply for these tax credits until 2031. This affects anyone involved in or benefiting from affordable housing projects in Colorado.

Official Summary

The Colorado housing and finance authority (CHFA), under the Colorado affordable tax credit program, may allocate income tax credits in an annual aggregate amount of up to $10 million for the years beginning on January 1, 2020, and ending on December 31, 2024. The bill extends this period to December 31, 2031. (Note: This summary applies to this bill as enacted.)

Details

Chamber: House
First action: 2022-05-26
Latest action: 2022-01-13
Last action desc.: Introduced In House - Assigned to Transportation & Local Government
OpenStates: View source ↗

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Affected by (100)

amends

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amends

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amends

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HB 26-1004(2026A)· signed

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HB 23-1091(2023A)· signed

Continuation Of Child Care Contribution Tax Credit

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HB 23-1084(2023A)· signed

Continuation Of Military Retirement Benefit Deduction

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SB 24-085(2024A)· signed

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HB 25-1139(2025A)· signed

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HB 25-1005(2025A)· signed

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HB 25-1012(2025A)· signed

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HB 25-1037(2025A)· signed

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relates

HB 26-1062(2026A)· failed

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relates

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Data Center & Utility Modernization

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relates

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Tax Expenditure Adjustments

relates

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HB 23-1079(2023A)· signed

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HB 23-1260(2023A)· signed

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HB 24-1314(2024A)· signed

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HB 24-1295(2024A)· signed

Creative Industry Community Revitalization Incentives

relates

SB 24-190(2024A)· signed

Rail & Coal Transition Community Economic Measures

relates

HB 24-1434(2024A)· signed

Expand Affordable Housing Tax Credit

relates

HB 25-1157(2025A)· signed

Reauthorize Advanced Industries Tax Credit

relates

HB 25-1021(2025A)· signed

Tax Incentives for Employee-Owned Businesses

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HB 25-1080(2025A)· signed

Wireless Telephone Infrastructure Deployment Incentives

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HB 26-1014(2026A)· signed

Extend Colorado Job Growth Incentive Tax Credit

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HB 26-1223(2026A)· signed

Modifying Certain Tax Expenditures

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HB 22-1010(2022A)· signed

Early Childhood Educator Income Tax Credit

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HB 22-1205(2022A)· signed

Senior Housing Income Tax Credit

relates

HB 24-1125(2024A)· signed

Tax Credit Commercial Building Conversion

relates

HB 24-1340(2024A)· signed

Incentives for Post-Secondary Education

relates

HB 24-1311(2024A)· signed

Family Affordability Tax Credit

relates

HB 24-1157(2024A)· signed

Employee-Owned Business Office & Income Tax Credit

relates

HB 24-1142(2024A)· signed

Reduce Income Tax Social Security Benefits

relates

HB 24-1268(2024A)· signed

Financial Assistance for Certain Low-Income Individuals

relates

HB 24-1365(2024A)· signed

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SB 23-011(2023A)· signed

Minor Driver's Education Requirements

relates

HB 22-1026(2022A)· signed

Alternative Transportation Options Tax Credit

relates

HB 23-1016(2023A)· signed

Temp Tax Credit For Public Service Retirees

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HB 22-1005(2022A)· signed

Health-care Preceptors Tax Credit

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HB 22-1055(2022A)· signed

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HB 24-1240(2024A)· signed

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relates

SB 25-310(2025A)· signed

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relates

SB 25-320(2025A)· signed

Commercial Motor Vehicle Transportation

relates

HB 25-1012(2025B)· failed

Prescription Drug Benefit Information Transparency

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HB 25-1021(2025B)· failed

Retention of Vendors Fees for Collecting Sales Tax.

relates

HB 25-1005(2025B)· signed

Eliminate State Sales Tax Vendor Fee

relates

SB 23-196(2023A)· signed

Income Tax Credit For Retrofitting A Home For Health Reasons

relates

HB 23-1008(2023A)· signed

Food Accessibility

relates

SB 25-136(2025A)· signed

Expand Deduction For Retirement Benefits

relates

HB 25-1128(2025A)· signed

Income Tax Credit for Firearm Safety Device

relates

HB 22-1149(2022A)· signed

Advanced Industry Investment Tax Credit

relates

HB 23-1309(2023A)· signed

Film Incentive Tax Credit

relates

HB 23-1189(2023A)· signed

Employer Assistance For Home Purchase Tax Credit

relates

HB 24-1221(2024A)· signed

Income Tax Credit for Eligible Teachers

relates

SB 24-044(2024A)· signed

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relates

HB 24-1134(2024A)· signed

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HB 23-1289(2023A)· signed

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HB 24-1325(2024A)· signed

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HB 23-1240(2023A)· signed

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repeals

HB 26-1015(2026A)· signed

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HB 24-1235(2024A)· signed

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HB 23B-1005(2023B)· signed

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repeals

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repeals

HB 23-1281(2023A)· signed

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repeals

SB 24-146(2024A)· signed

Tax Credit for Qualified Renters

repeals

HB 23-1046(2023A)· signed

Tax Credit Pre-adoption Leave

repeals

HB 24-1144(2024A)· signed

Income Tax Credit for Mortgage Rate Buy Downs

repeals

HB 26-1289(2026A)· signed

Modification of Certain Tax Expenditures

repeals

SB 23-080(2023A)· signed

Tax Credit Parental Engagement In Schools

repeals

SB 25-300(2025A)· signed

Revisor's Bill

repeals

HB 24-1138(2024A)· signed

Tax Credit for Transfer of Agricultural Asset

repeals

HB 24-1018(2024A)· signed

College Textbook Sales Use Tax Exemption

repeals

HB 24-1249(2024A)· signed

Tax Credit Agricultural Stewardship Practices

repeals

HB 23-1018(2023A)· signed

Timber Industry Incentives

repeals

HB 26-1048(2026A)· signed

Back-to-School Sales Tax Holiday

repeals

SB 25-280(2025A)· signed

Data Center Development & Grid Modernization Act

repeals

HB 23-1272(2023A)· signed

Tax Policy That Advances Decarbonization

repeals

HB 22-1083(2022A)· signed

Colorado Homeless Contribution Income Tax Credit

Votes

BILL

2022-05-09 · Senate · pass — Yes: 32 · No: 3 · Other: —

BILL

2022-05-02 · House · pass — Yes: 55 · No: 10 · Other: —

PERM

2022-05-02 · House · pass — Yes: 55 · No: 10 · Other: —

AMD

2022-05-02 · House · pass — Yes: 57 · No: 8 · Other: —