Colorado § 29-4-709 Power of board - housing facility plans

Colorado Statutes

§ 29-4-709 — Power of board - housing facility plans

Colorado § 29-4-709

Title 29Government

Art.Housing

This text of Colorado § 29-4-709 (Power of board - housing facility plans) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 29-4-709 (2026).

Text

(1)The board shall establish criteria for the financial feasibility of any plan for the development of housing facilities to be undertaken with the proceeds of housing facility loans.

(2)If the authority determines that such plan meets the board's criteria, that private financing is not available on reasonably equivalent terms and conditions, and that the necessary means of financing such plan are available to the authority, the authority may accept such plan.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) The board shall
establish criteria for the financial feasibility of any plan for the development of
housing facilities to be undertaken with the proceeds of housing facility loans.

(2) If the authority determines that such plan meets the board's criteria, that
private financing is not available on reasonably equivalent terms and conditions,
and that the necessary means of financing such plan are available to the authority,
the authority may accept such plan.

Legislative History

Source: L. 73: p. 809, � 1. C.R.S. 1963: � 69-11-8. L. 75: Entire section amended, p. 973, � 5, effective April 9. L. 2007: Entire section amended, p. 705, � 5, effective May 3.