Michael will centralize housing funding streams, implement a single common application for state housing programs, and set a goal for projects receiving state funding to break ground within one year of approval.
Bennet promises to centralize housing funding streams and implement a single common application for state housing programs, with a goal that projects receiving state funding break ground within one year of approval.
Occurrences
Evidence
Michael will require the state to adopt a single, common application for all state housing finance entities. Michael will centralize access to all state housing funding streams in one place. From Award to Breaking Ground in One Year: Colorado must move faster to tackle the housing crisis. Michael will push for state-funded projects to move from approval to groundbreaking within one year.
Michael Bennet has represented Colorado in the United States Senate since 2009. Before his appointment to the Senate in 2009 and election to a full six-year term in 2010, Michael served as Superintendent of Denver Public Schools.
Today, Governor Polis, Mayor Mike Johnston, Colorado Department of Local Affairs, the Colorado Housing and Finance Authority, the Colorado Office of Economic Development & International Trade and HOST announced the launch of Housing Hub Colorado. Phase 1 includes an aligned application spreadsheet across CHFA, DOLA, and HOST, allowing developers to use a single budget application. Phase 2 will include a common application for funding sources related to developments supported by Housing Tax Credits, targeted for launch in 2026.
Assessments
The promised outcome concerned Colorado state housing administration, but Bennet was and remains a federal U.S. Senator and did not become Colorado governor or hold the state executive office needed to implement it. Colorado later advanced a related common-application and centralized housing funding initiative through Governor Polis and state/local housing agencies, including Housing Hub Colorado, but the evidence does not show Bennet wrote, sponsored, or materially advanced that later state action. Because the policy direction was partially implemented by unrelated officials after the campaign context, this merits partial credit rather than full delivery.