§ 29-4-1005. Rent Reporting for Credit Pilot Program – Report

1. On or before June 1, 2024, the authority, in consultation with the contractor, shall submit to the governor and the general assembly a report concerning the pilot program. At a minimum, the report must indicate:
   1. The number of participant landlords, including an indication as to whether more than ten landlords expressed an interest in participating;
   2. The number of participant tenants, including the number of participant tenants who ceased participating in the pilot program;
   3. The demographics of participant tenants, including race, ethnicity, gender, income, and age, as may be voluntarily provided by participant tenants;
   4. The cost of administering the pilot program;
   5. The number of residential properties offered by each landlord;
   6. For each participant landlord:
      1. The nature of the reporting mechanism used to report participant tenants’ rent payment information to consumer reporting agencies; and
      2. The city and county of each property offered by the participant landlord;
   7. A short narrative of challenges faced by participant landlords and participant tenants during the pilot program; and
   8. A simple assessment of how the pilot program, in aggregate, positively or negatively affected participating tenants’ credit.
2. In addition to the information described in subsection (1) of this section, the report may include any recommendations of the authority concerning the continuation or repeal of the pilot program.
3. The authority shall make the report described in subsection (1) of this section available on its public website for at least one year after the authority submits the report.

Source: L. 2021: Entire part added, (HB 21-1134), ch. 379, p. 2541, § 3, effective June 29.

Cross references: For the legislative declaration in HB 21-1134, see section 1 of chapter 379, Session Laws of Colorado 2021.