Affordability tax credit likely not available for Colorado families in next two years

By: Sara Wilson

Outlets: Colorado Newsline

Published: June 18, 2026

Words: 748

Last Updated: 1 month ago


Body Text Preview

A Colorado tax credit for low-income families could be turned off for the next two tax years, state economists announced Thursday.

That’s because state revenue will likely not increase enough to trigger Colorado’s Family Affordability Credit. Since its creation in 2024, families have benefited from it just once, in 2025, and experts say that one-time benefit helped lower child poverty by 37% in the state.

“Our forecast assumes the credits are off and increases …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

Register for Free Log in