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Capitol Connection: April 26, 2013

CAR Moves to Support Development Permit Approval Process Bill SB13-258, Concerning Stages in Development Permit Approval Process, by Senator Mary Hodge (D-Brighton) and Representative Dominick Moreno (D-Commerce City) was reviewed by LPC again this week. Under current law, a local government may not approve an application for a development permit unless it determines that the applicant has satisfactorily demonstrated that the proposed...

Capitol Connection: April 19, 2013

CAR Neutral on Bill Regarding Permit Process SB13-258, Concerning Stages in Development Permit Approval Process, by Senator Mary Hodge (D-Brighton) and Representative Dominick Moreno (D-Commerce City) was reviewed by LPC last week in Vail. Under current law, a local government may not approve an application for a development permit unless it determines that the applicant has satisfactorily demonstrated that the proposed water...

Is Help on the Way for Lack of Inventory Issue?

As the housing market continues to rebound and existing inventory becomes scarcer; new permit activity for new builds continues to grow. Posted Monday, March 25, 2013 by the Colorado Division of Housing. Multifam permits vs. singlefam permits: Multifam at 30-year high The amount of new permit activity that is devoted to multifamily permits reached a 30-year high during 2012. The first graph shows...

CAR Responds to Article on Mandatory Meth Testing

Dear Editor, As advocates of safe and affordable housing for all Coloradoans, the Colorado Association of REALTORS® (CAR) and our members understand and agree that methamphetamine contaminated homes can pose serious health risks to occupants and homeowners, and should be tested and remediated to ensure all future homeowners and their families are safe. CAR works tirelessly to protect a buyer’s right...

CAR Staying Neutral on Energy District Private Financing

SB13-212, Concerning Energy District Private Financing Commercial (C-PACE), by Senator Matt Jones (D-Louisville) and Representative Max Tyler (D-Lakewood), was discussed in LPC last week. Under Property-Assessed Clean Energy (PACE) financing programs, local governments or financing districts sell bonds to investors, then loan the proceeds to property owners to cover the cost of renewable energy or energy efficiency improvements. The loans are...

Refi Programs Give Underwater Owners a Lift

States that were the hardest hit by foreclosures and have the highest number of underwater home owners are now leading the nation in refinancing as more borrowers look to decrease their monthly mortgage payments. Following the government’s expansion last year of its refinancing programs, more underwater home owners are now able to take advantage and are unlocking savings to their monthly...