A lack of affordable housing doesn’t just bedevil Telluride, it challenges communities across the state, so much so that last October a bipartisan group of state senators and representatives sat down with diverse stakeholders ranging from the Colorado Association of REALTORS® to Habitat for Humanity to Ski Country USA, plus local government representatives, to examine the issue.
Town of Telluride Program...
Affordable housing concerns tops the list of priority issues for many Coloradans. Colorado REALTORS® collaborated with diverse stakeholders throughout the 2019 legislative session to make significant strides that focused on short- and long-term housing solutions for communities across our state.
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On May 17, 2019, with Colorado REALTORS® in attendance, Governor Jared Polis signed a series of affordable housing bills. Descriptions of each bill...
Senate Bill 19-107: Broadband Infrastructure Installation
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SB19-107, sponsored by Sen. Kerry Donovan (D-Vail) and Sen. Dylan Roberts (D-Avon), authorizes an electric utility that has an electric easement on real property or a commercial broadband supplier designated by the electric utility to act on the electric utility's behalf, after having provided advanced notice to the owner of the real property and to any...
House Bill 19-1322: Expand Supply Affordable Housing
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HB19-1322, sponsored by Rep. Dylan Roberts (D-Avon), Rep. Perry Will (R-New Castle), Sen. Dominick Moreno (D-Commerce City) and Sen. Don Coram (R-Montrose), appropriates a portion of the unused funds in Colorado's Unclaimed Property Trust Fund, while protecting the 20-year claims reserve. The bill ensures all unclaimed property claims will continue to be paid and...
By: Elizabeth Peetz, Vice President of Government Affairs, Colorado Association of REALTORS®
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As we enter the last weeks of April, the Legislature is starting to round the corner heading into the final stretch as we race to May 3rd. The legislature just took up the state budget pursuant to our constitutional requirement to pass a balanced budget in Colorado. So while...
House Bill 19-1257 & House Bill 19-1258: TABOR Debrucing Bills
HB19-1257 and HB19-1258, sponsored by Speaker KC Becker (D-Boulder), Sen. Kevin Priola (R-Henderson) and Sen. Lois Court (D-Denver) refers a measure to the 2019 statewide ballot that would let voters decide whether we authorize the state to retain state revenues in excess of the TABOR cap (the constitutional limitation on state fiscal...
Update: House Bill 19-1006: Wildfire Mitigation Wildland-Urban Interface Areas
HB19-1006, sponsored by Rep. Barbara McLachlan (D-Durango), Rep. Terri Carver (R-Colorado Springs) and Sen. Rhonda Fields (D-Aurora), creates a state grant program to fund proactive forest management and fuel reduction projects to reduce the impacts of wildfires to life, property and critical infrastructure. This is one of the Wildfire Matters Review Committee bills...
Colorado was one of the first states in the country to pass legislation for first-time homebuyers. The legislation allows them to open a tax-free savings account to save money for down payment on a new home.
Since that law was passed in 2016, Colorado is seeing the benefits of the program. – Colorado, the seventh-fastest growing state in the country, welcomed...
House Bill 19-1050: Encourage Use of Xeriscape in Common Areas
HB19-1050, sponsored by Rep. Brianna Titone (D-Arvada), extends current statute to allow property owners and a community's governing board or homeowners association (HOA) to provide xeriscape or drought-tolerant landscaping to common areas. However, the bill does not exempt special districts from water conservation law regarding xeriscape landscaping.
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Xeriscaping is a method of...
House Bill 19-1228: Increase Tax Credit Allocation Affordable Housing
HB19-1228, sponsored by Rep. Shannon Bird (D-Westminster), Rep. Brianna Titone (D-Arvada), Sen. Jack Tate (R-Centennial) and Sen. Rachel Zenzinger (D-Aurora), increases the annual allocation of the state's Affordable Housing Tax Credit program (AHTC), administered by the Colorado Housing and Finance Authority (CHFA), from $5 million to $10 million from 2019 through 2024....
