To: Board of County Commissioners
Through: Katherine Smith, Director, Community Resources
Prepared By:
prepared
Nancy Sonnenfeld, Community Development Administrator, Community Development, Housing and Homeless Services, Community Resources??
end
presenter
Presenter: Elizzebeth Loomis, Manager, Community Development, Housing and Homeless Services, Community Resources
end
Subject:
title
2:30 PM *2026 Private Activity Bonds Adjusted Allocation
end
Purpose and Request:
recommended action
Community Development Housing and Homeless Services (CDHHS) staff is requesting direction from the Board of County Commissioners regarding assignment of an adjusted amount of $221,323 added to the County's 2026 Private Activity Bond (PAB) allocation.
end
Alignment with Strategic Plan: Economic Resilience and Stability - Support long-term economic resilience through responsible fiscal and investment strategies.
Background and Discussion: Private Activity Bonds (PABs) are a tax-exempt bonding authority that may be used to finance eligible projects at a tax-exempt interest rate or to support the issuance of Mortgage Credit Certificates. The State of Colorado administers the PAB allocation program pursuant to state statute (Section 24-32-1701 et seq., C.R.S.), which governs the allocation of the state's annual PAB authority.
In January 2026, Arapahoe County received a partial Private Activity Bond (PAB) allocation of $8,011,903. An updated allocation following calculation of updated census numbers was received in February 2026 adding $221,323 to the County's 2026 PAB authority for a total of $8,233,226.
On February 17, 2026, the Board of County Commissioners (BOCC) considered a funding allocation recommendation for the assignment of the initial allocation of $8,011,903 in 2026 County Private Activity Bond (PAB) funds, which included an assignment of $1,006,811 for the "Progress Park Bundle" preservation projects in Littleton (Fox Apartments, Lara Lea Apartm...
Click here for full text