reglab/housing_qa huggingface dataset:
CO Code § 29-4-710.6 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-710.6. Powers of the Board - Loans for Capital

  The authority may not assist the capital needs of any profit or nonprofit enterprise or undertaking until the board or the executive director pursuant to rules and regulations adopted by the board first determines that:   Repealed.    The amount of a loan to provide capital to an enterprise does not exceed the amount by which the total capital needs of such enterprise during a specified period exceeds the sum of the revenues of the operation reasonably expected to be available to the enterprise during such period to meet capital needs and the amount of any reserves for anticipated operating deficits and available to the enterprise during such period; and    The financing agreement relating thereto provides for the payment to the authority of such revenues as will be, together with any government subsidies relating to the enterprise and other moneys available or expected to be available, sufficient to pay the principal of and interest on all notes and bonds issued to finance the loan and to build up and maintain any reserves deemed advisable by the authority in connection therewith.       Upon making the determinations specified in subsection (1) of this section, the authority, in addition to the other powers granted by this part 7, shall have the following powers:   To commit to enter and to enter into a financing agreement to purchase or participate in the purchase from a lender of loans to provide capital to business enterprises upon such terms and conditions as the authority may deem appropriate;    To commit to enter and to enter into a financing agreement to make a loan to a lender upon the condition that the lender invest the proceeds of such loan in loans to provide capital to business enterprises upon such terms and conditions as the authority may deem appropriate;    In connection with the preservation of its rights with respect to any loan, to provide capital to a business enterprise, to provide for the acquisition, operation, management, or maintenance of a business enterprise, and to sell or otherwise dispose of any business enterprise.        History. Source: L. 82: Entire section added, p. 468, § 8, effective April 23. L. 87: IP(1), (1)(b), and (2)(a) to (2)(c) amended and (1)(a) repealed, pp. 1194, 1197, §§ 11, 21, effective May 20.
CO Code § 29-4-711 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-711. Power of Board - Housing Facility Plans - Mortgage Purchase - Loans to Lenders

 Upon a finding by the board that investment in, or purchase or participation in the purchase of, mortgage loans or interests therein or that making loans to lenders is necessary to provide housing facilities within the means of low- or moderate-income families, it may cause the executive director to formulate and from time to time modify a plan for the development of housing facilities by the authority investing in, purchasing, or participating in the purchase of mortgage loans or interests therein from lenders or making loans to lenders. If the board ascertains that the necessary means of financing such a plan are available to the authority, the board may signify its approval of such a plan.   History. Source: L. 75: Entire section added, p. 975, § 7, effective April 9.    Editor's note:   This section was enacted as § 29-4-710.4 in House Bill 75-1026 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-713 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-713. Power of the Board - Home Improvement Loans

  The board may cause the executive director to formulate and from time to time modify a plan for the provision of home improvement loans upon a finding by the board that the provision of such loans is necessary for any one or more of the following purposes:   To bring housing facilities for low- or moderate-income families into compliance with state, county, or municipal building, housing maintenance, fire, health, or similar codes and standards applicable to housing, including standards adopted by the authority under section 29-4-714;    To reduce the total energy requirements of such housing facilities;    To improve such housing facilities to a more livable and maintainable condition as part of a program or plan to arrest deterioration by means of neighborhood conservation and upgrading.       If the board ascertains that private financing for home improvement loans is not available on reasonably equivalent terms and conditions and that the necessary means of financing such plan are available to the authority, the board may approve such plan.     History. Source: L. 76: Entire section added, p. 689, § 3, effective April 19. L. 77: IP(1), (1)(a), and (1)(c) added and (2) amended, p. 1413, § 3, effective June 19.    Editor's note:   This section was enacted as § 29-4-710.6 in House Bill 76-1231 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-716 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-716. Standards for Approval of Organizations

  No sponsor shall be considered eligible to develop housing facilities or provide services in connection therewith pursuant to this part 7 unless it shows to the authority's satisfaction that the organization is incorporated, authorized to do business, or otherwise organized as required by the laws of this state.    The sponsor, as provided in subsection (1) of this section, shall submit full details of its organizational documents, articles, and bylaws to the authority and shall provide and pay for an independent annual audit as may be required by the authority.     History. Source: L. 73: P. 811, § 1. C.R.S. 1963: § 69-11-12. L. 75: Entire section R&RE, p. 977, § 9, effective April 9. History. Source: L. 73: P. 811, § 1. C.R.S. 1963: § 69-11-12. L. 75: Entire section R&RE, p. 977, § 9, effective April 9.    Editor's note:   This section was originally numbered as § 29-4-712 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-717 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-717. Findings - Percentage of Low-Income Families Required

  Prior to the authority's making or committing to make a housing facility loan for a housing facility with more than five dwelling units under this part 7, the board shall find:   That low-income families can afford, on the basis of the use of not more than thirty percent of annual income as determined in accordance with rules and regulations of the authority, the adjusted rentals set for no less than twenty percent of the dwelling units in such proposed housing facility;    That the number of units intended for occupancy by low- and moderate-income families shall approximate seventy-five percent of the total number of units available;    That such housing facility will not create or contribute to an undue concentration of low-income families in any one neighborhood.       Prior to the authority's making or committing to make any housing facility loan, the authority shall find:   That, with respect to the housing facility, no restrictions are imposed as to sex, sexual orientation, gender identity, gender expression, race, creed, color, religion, ancestry, or national origin of occupants;    That such housing facility is designed to house families of varied economic means and will not create or contribute to an undue concentration of low-income families in any one neighborhood.        History. Source: L. 73: P. 812, § 1. C.R.S. 1963: § 69-11-13. L. 75: Entire section R&RE, p. 978, § 10, effective April 9. L. 82: (1)(a) amended, p. 473, § 7, April 15. L. 2007: (1)(c) and (2) amended, p. 708, § 10, effective May 3. L. 2008: (2)(a) amended, p. 1603, § 33, effective May 29. L. 2021: (2)(a) amended,(HB 21-1108), ch. 156, p. 897, § 44, effective September 7. History. Source: L. 73: P. 812, § 1. C.R.S. 1963: § 69-11-13. L. 75: Entire section R&RE, p. 978, § 10, effective April 9. L. 82: (1)(a) amended, p. 473, § 7, April 15. L. 2007: (1)(c) and (2) amended, p. 708, § 10, effective May 3. L. 2008: (2)(a) amended, p. 1603, § 33, effective May 29. L. 2021: (2)(a) amended,(HB 21-1108), ch. 156, p. 897, § 44, effective September 7.    Editor's note:   This section was originally numbered as § 29-4-713 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.   Cross references:   For the legislative declaration contained in the 2008 act amending subsection (2)(a), see section 1 of chapter 341, Session Laws of Colorado 2008. For the legislative declaration in HB 21-1108, see section 1 of chapter 156, Session Laws of Colorado 2021.
CO Code § 29-4-720 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-720. Validity of Any Pledge

 Any pledge made by the authority shall be valid and binding from the time when the pledge is made, and any assets or revenues shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the authority, irrespective of whether such parties have notice thereof. Neither the resolution nor any other instrument by which a pledge is created need be recorded. Nothing in this section shall be construed to prohibit the board from selling any assets subject to any such pledge, except to the extent that any such sale may be restricted by a trust agreement or resolution providing for the issuance of such bonds.   History. Source: L. 73: P. 813, § 1. C.R.S. 1963: § 69-11-15. L. 75: Entire section amended, p. 981, § 12, effective April 9. History. Source: L. 73: P. 813, § 1. C.R.S. 1963: § 69-11-15. L. 75: Entire section amended, p. 981, § 12, effective April 9.    Editor's note:   This section was originally numbered as § 29-4-715 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-721 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-721. Remedies

 Any holder of bonds issued under the provisions of this part 7, or any coupons appertaining thereto and the trustee under any trust agreement or resolution authorizing the issuance of such bonds, except to the extent the rights under this part 7 may be restricted by such trust agreement or resolution, may, either at law or in equity by suit, action, mandamus, or other proceeding, protect and enforce any and all rights under the laws of the state or granted under this part 7 or under such agreement or resolution, or under any other contract executed by the authority pursuant to this part 7, and may enforce and compel the performance of all duties required by this part 7 or by such trust agreement or resolution to be performed by the authority or by an officer thereof.   History. Source: L. 73: P. 813, § 1. C.R.S. 1963: § 69-11-16. History. Source: L. 73: P. 813, § 1. C.R.S. 1963: § 69-11-16.    Editor's note:   This section was originally numbered as § 29-4-716 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-722 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-722. Negotiable Instruments

 Notwithstanding any of the foregoing provisions of this part 7 or any recitals in any bonds issued under the provisions of this part 7, all such bonds and interest coupons appertaining thereto shall be negotiable instruments under the laws of this state, subject only to any applicable provisions for registration.   History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-17. History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-17.    Editor's note:   This section was originally numbered as § 29-4-717 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-723 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-723. Bonds Eligible for Investment

 Bonds issued under the provisions of this part 7 are hereby made securities in which all insurance companies, trust companies, banking associations, savings and loan associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Public entities, as defined in section 24-75-601 (1) , C.R.S., may invest public funds in such bonds only if said bonds satisfy the investment requirements established in part 6 of article 75 of title 24, C.R.S. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds, notes, or obligations of the state is authorized by law.   History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-18. L. 89: Entire section amended, p. 1130, § 69, effective July 1. History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-18. L. 89: Entire section amended, p. 1130, § 69, effective July 1.    Editor's note:   This section was originally numbered as § 29-4-718 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-724 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-724. Refunding Bonds

  The board may provide for the issuance of refunding obligations of the authority for the purpose of refunding any obligations then outstanding that have been issued under this part 7 or issued by other public entities, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such obligations, and for any corporate purpose of the authority.    Refunding obligations issued as provided in subsection (1) of this section may be sold or exchanged for outstanding obligations being refunded, and, if sold, the proceeds thereof may be applied, in addition to any other authorized purposes, to the purchase, redemption, or payment of such outstanding obligations. Pending the application of the proceeds of any such refunding obligations, with any other available funds, to the payment of the principal, the accrued interest, and any redemption premium on the obligations being refunded and, if so provided or permitted in the resolution authorizing the issuance of such refunding obligations or in the trust agreement securing the same, to the payment of any interest on such refunding obligations and any expenses in connection with such refunding, such proceeds may be invested in securities meeting the investment requirements established by the authority, which shall mature or which shall be subject to redemption by the holders thereof, at the option of such holders, not later than the respective dates when the proceeds, together with the interest accruing thereon, will be required for the purposes intended.     History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-19. L. 75: Entire section R&RE, p. 981, § 13, effective April 9. L. 89: (2) amended, p. 1113, § 21, effective July 1. L. 2007: Entire section amended, p. 710, § 12, effective May 3. History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-19. L. 75: Entire section R&RE, p. 981, § 13, effective April 9. L. 89: (2) amended, p. 1113, § 21, effective July 1. L. 2007: Entire section amended, p. 710, § 12, effective May 3.    Editor's note:   This section was originally numbered as § 29-4-719 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-725 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-725. Nonliability of State for Bonds

 The state of Colorado shall not be liable for bonds of the authority, and such bonds shall not constitute a debt of the state. The bonds shall contain on the face thereof a statement to such effect.   History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-20. History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-20.    Editor's note:   This section was originally numbered as § 29-4-720 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-726 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-726. Members of Authority Not Personally Liable on Bonds

 Neither the members of the board nor any authorized person executing bonds issued pursuant to this part 7 shall be personally liable for such bonds by reason of the execution or issuance thereof.   History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-21. History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-21.    Editor's note:   This section was originally numbered as § 29-4-721 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-728 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-728. Revolving Fund Established

  The board shall establish a revolving fund and shall pay into such revolving fund any moneys made available by the federal, state, or local government for the purpose of assisting in the provision of housing facilities for low- and moderate-income families. The board shall also deposit in such fund any other moneys which may be available to the authority for its general purposes from any source or sources other than proceeds from the issuance and sale of bonds by the authority.    All moneys held in the revolving fund, including but not limited to income or interest earned by, or any other increment to, such fund shall be used by the board for its general purposes, and to the extent authorized by the board any such moneys in excess of the amount required to make and keep the authority self-supporting shall be deposited to a surplus fund. Any such surplus moneys may from time to time, at the board's discretion, be forwarded to the state treasurer for deposit in the state general fund.     History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-23. History. Source: L. 73: P. 814, § 1. C.R.S. 1963: § 69-11-23.    Editor's note:   This section was originally numbered as § 29-4-723 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
CO Code § 29-4-729 (2021)
2021 Colorado Code|Title 29 - Government - Local|Article 4 - Housing|Part 7 - Housing and Business Development and Financing|§ 29-4-729. Reporting

  The authority shall submit to the governor and the health, environment, welfare, and institutions committees of the house of representatives and the senate within six months after the end of the fiscal year a report that shall set forth a complete and detailed operating and financial statement of the authority during such year. Also included in the report shall be any recommendations with reference to additional legislation or other action that may be necessary to carry out the purposes of the authority.    On or before December 31, 2001, the authority, acting through the program, created and administered by the authority, commonly known as E-Star Colorado, or the successor to such program, shall submit to the governor and general assembly an assessment of existing energy conservation and efficiency programs and standards established by the state, local governmental entities, or private entities. The assessment shall include a comparison of such programs and standards to similar programs and standards adopted in other states, as well as an evaluation of the effectiveness of voluntary performance programs and other financial incentives. The authority, on behalf of E-Star Colorado, may accept and expend moneys from gifts, grants, and donations to help defray the expenses of providing the assessment required under this subsection (2).     History. Source: L. 73: P. 815, § 1. C.R.S. 1963: § 69-11-24. L. 2001: Entire section amended, p. 1178, § 12, effective August 8; entire section amended, p. 1093, § 3, effective August 8. L. 2003: (1) amended, p. 2013, § 106, effective May 22. History. Source: L. 73: P. 815, § 1. C.R.S. 1963: § 69-11-24. L. 2001: Entire section amended, p. 1178, § 12, effective August 8; entire section amended, p. 1093, § 3, effective August 8. L. 2003: (1) amended, p. 2013, § 106, effective May 22.    Editor's note:    This section was originally numbered as § 29-4-724 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.    Amendments to this section by Senate Bill 01-208 and House Bill 01-1381 were harmonized.