Colorado § 29-4-709 - Power of board - housing facility plans.
Full text of Colorado Colorado Revised Statutes § 29-4-709 — Power of board - housing facility plans., with citation guidance and answers to common questions.
§ 29-4-709. Power of board - housing facility plans.
(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.
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.
Editor's note: This section was originally numbered as § 29-4-708 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 29-4-709
What does Colorado Revised Statutes § 29-4-709 cover?
Section 29-4-709 ("Power of board - housing facility plans.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 29-4-709?
A common citation format is "Colorado Revised Statutes § 29-4-709" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 29-4-709 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.