Family Affordability Tax Credit

Colorado Senate President James Coleman was born and raised in Park Hill, the Denver neighborhood he represents today.

Traveling the state and talking with constituents, Senate President Coleman hears the same concern everywhere: Colorado is too expensive. From housing and healthcare to the weekly grocery bill and gas, it’s not just one expense that requires families to stretch each paycheck further and further.

The affordability issues families face every day in every corner of the state are what drove Senate President Coleman to partner with Gary and serve as a champion and critical co-sponsor House Bill 24-1311, creating Colorado’s Family Affordability Tax Credit (FATC). In its first year, FATC — when combined with Colorado’s Child Tax Credit and Earned Income Tax Credit — cut child poverty in the state by nearly 40%. Thanks to FATC, Colorado had the lowest child poverty rate in the nation in 2025.

Research shows that tax credits like FATC and public benefits like housing assistance and SNAP help lift tens of thousands of Colorado children out of poverty each year. Despite this evidence, access to these programs is unequal, and federal cuts and state fiscal constraints mean that the progress Colorado has made is not guaranteed to continue. 

In addition to preserving funding for FATC, Gary believes that Colorado has a new opportunity to lead the nation in creating a modern benefits system that ensures families can easily find, apply for and receive the public benefits they are eligible for.

Gary is committed to making it easier for Coloradans to access government benefits and tax credits. And, we’ve committed to using all of our tools to make that possible. 

With our partners, we’re building on the impact of FATC and improving the way that government delivers public services to make Colorado a state where everyone can afford to live and every child has the opportunity to thrive. Join us in this next chapter.