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Colorado Governor Signs Legislation Extending State LIHTC Through 2031

Thursday, June 2, 2022 - 9:00AM

Colorado Gov. Jared Polis signed legislation extending the state low-income housing tax credit (LIHTC) through 2031. H.B. 1051 extends the sunset date from Dec. 31, 2024, to Dec. 31, 2031, and also permits the allocation of state LIHTCs in counties impacted by federally declared disasters to not count against the annual state cap if those credits are used to leverage state and federal natural disaster funds.

The Novogradac Introduction to Low-Income Housing Tax Credits booklet is an introduction to the basics of the federal and state LIHTC.

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