SB 20B-002 - Authorizes Housing and Direct COVID Emergency Assistance - Colorado Key Vote

Stage Details

Title: Authorizes Housing and Direct COVID Emergency Assistance

Title: Authorizes Housing and Direct COVID Emergency Assistance

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Title: Authorizes Housing and Direct COVID Emergency Assistance

Vote Smart's Synopsis:

A vote to pass a bill that would authorize housing and direct COVID emergency assistance.

Highlights:

 

  • Transfers $54 million from the general fund to the Housing Development Grant Fund to provide housing assistance (Sec. 1 a.5).

  • Defines housing assistance grants to include overdue rent payments and mortgage payments (Sec. 1 g.5).

  • Establishes emergency direct assistance grant programs to provide the following forms of assistance (Sec. 2.1):

    • Unemployment insurance;

    • Food assistance; or

    • Federal stimulus payments.

  • Prohibits unexpected and unencumbered money in the fund at the end of the fiscal year from reverting to the general fund (Sec. 3 5.c).

  • Transfers $1 million from the general fund to the eviction legal assistance fund on or before January 1, 2021 (Sec. 3 8.a).

Title: Authorizes Housing and Direct COVID Emergency Assistance

Title: Authorizes Housing and Direct COVID Emergency Assistance

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