Draft CCAT Summary of Prop 123 Adjustments
Julia Scanlan
CCAT Summary of Concerns with Adjustments to Proposition 123 Funding
CCAT has concerns about further adjustments to the limited funding available under Proposition 123, particularly when those changes move beyond the original voter-approved intent.
Proposition 123 was designed to support mixed-income housing development through a balanced and flexible statewide framework. Under the newly proposed cuts to funding CCAT is already concerned about how limited dollars are being allocated, and additional changes risk further diluting the effectiveness of these funds and creating uncertainty for local governments and developers.
CCAT is especially concerned that redirecting funds away from mixed-income housing does not honor voter intent and may limit the flexibility communities need to address their unique housing challenges. This is particularly true for rural and resort areas, where higher costs and constrained markets already make development difficult. Further adjustments could disproportionately impact these regions and slow progress on critically needed housing.
Finally, maintaining the ability to leverage federal matching dollars is essential. Changes to allocation structures could jeopardize these opportunities and reduce the overall impact of Proposition 123 investments.
For these reasons, CCAT urges caution in making further changes and emphasizes the need to preserve flexibility, honor voter intent, and ensure equitable outcomes across all Colorado communities.
Tamara Pogue
On Apr 17, 2026, at 5:31 PM, Julia Scanlan <julia....@coloradoccat.org> wrote:
Here's my first attempt at summarizing our concerns with the possible amendments. I could use some help with the immigration concerns if someone wants to add that angle.
Thanks!
-Julia
CCAT Summary of Concerns with Adjustments to Proposition 123 Funding
CCAT has concerns about further adjustments to the limited funding available under Proposition 123, particularly when those changes move beyond the original voter-approved intent.
In addition we are concerned that limiting local flexibility in accessing funds also disincentivizes some local governments from participating in Prop 123 a potentially undermining the effectiveness of the whole program.Proposition 123 was designed to support mixed-income housing development through a balanced and flexible statewide framework. Under the newly proposed cuts to funding CCAT is concerned about how limited dollars are being allocated, and feels that additional changes risk further diluting the effectiveness of these funds and creating uncertainty for local governments and developers.
CCAT is especially concerned that redirecting funds away from mixed-income housing may limit the flexibility communities need to address their unique housing challenges. This is particularly true for rural and resort areas, where higher costs and constrained markets already make development difficult. Further adjustments could disproportionately impact these regions and slow progress on critically needed housing.
Finally, while we do agree that maintaining the ability to leverage federal matching dollars is important, we also believe that under the current federal administration there are also risks to accepting that funding - particularly to communities with large newcomer population's
For these reasons, CCAT urges caution in making further changes and emphasizes the need to preserve flexibility, honor voter intent, and ensure equitable outcomes across all Colorado communities.