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§ 24-32-721-3 — Colorado Law | CourtGPT
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  8. § 24-32-721-3
Colorado Legal Code

§ 24-32-721-3

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For state fiscal year 2022-23, the general assembly shall appropriate twenty-five million dollars from money in the affordable housing and home ownership cash fund, created in section 24-75-229 (3)(a), that originates from the general fund to the department of local affairs for the use of the division for the purpose of expanding the middle income access program established in and administered by the Colorado housing and finance authority, created in part 7 of article 4 of title 29. The division shall contract with the authority for administration of the money appropriated to the department under this section. The contract may include normal and customary fees and expenses for administration of the program, and the program must be administered in a manner consistent with the program guidelines established by the authority.Added by 2022 Ch. 161, § 2, eff. 5/16/2022. For the legislative declaration in SB 22-146, see section 1 of chapter 161, Session Laws of Colorado 2022.