Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)
Date Submitted: 1-19-21
Requesting Agency: Human Services
Division:
Subject Matter Expert Name:
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Name: Lauren Harvey |
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Email: Lauren.Harvey@denvergov.org |
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A bill for an ordinance amending Article XI, Chapter 53 of the Revised Municipal Code of the City and County of Denver concerning real property tax assistance to low- income property owners or tenants.
Amends Article XI, Chapter 53 of the Denver Revised Municipal Code to expand and simplify eligibility requirements for the property tax relief program for qualified Denver property owners or tenants. The Committee approved filing this item at its meeting on 1-27-21.
body
Affected Council District(s) or citywide? Citywide
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
The Denver Property Tax Relief Program (described in municipal code as Real Property Tax Assistance to Eligible Low-Income Property Owners or Tenants) provides a partial refund of property tax paid, or the equivalent in rent, to eligible Denver homeowners and renters. For the homeowner population, older adults (age 65+) and individuals with disabilities are currently eligible at or below 35% of Area Median Income (AMI), and homeowner households with dependent minors are eligible at or below 40% of AMI (other eligibility criteria also apply, i.e. must reside in Denver). Renters must be older adults (age 65+) or individuals with disabilities and must meet different income limits than owners (currently, for a single person, $16,654, and for married couples, $24,364), as well as other eligibility criteria such as residing in Denver.
This amendment proposes to increase the income limit for eligible homeowners to 60% AMI. This would apply to all currently eligible homeowner groups (older adults, individuals with disabilities, and households with dependent minors). The amendment also proposes to set renters at an income limit that is based on AMI. The proposed AMI income limits for renters are 25% AMI for single applicants, and 30% AMI for married applicants. This amendment also proposes making a change that would allow all applicants (renters and owners) to have lived in more than one residence in the calendar year (currently, ordinance is written so as to require that all applicants have lived in the same residence the entire year). Finally, the amendment proposes to remove the requirement that the department annually publishes in rule the renter income limit amounts (which would no longer be necessary if we move to an AMI income limit for renters).
Address/Location (if applicable):
Legal Description (if applicable):
Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):
Draft Bill Attached?