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....
A new phenomenon is creeping into Denver that is posing an enormous problem for the 2020-plus buyers and sellers
BY MATTHEW LEPRINO
Like a game of Whack-A-Mole at Chuck-E-Cheese, it would seem that every time one low inventory-fueled abnormality pops up, another takes its place just as we begin to wrap our heads around it.
Desperate buyers seeking to find a way, any...
It is a common problem lately in the Denver Metro area, which has seen a decrease in housing inventory and an increase in demand.
"There are not enough houses, especially more affordable homes," said Kelly Moye with the Colorado association of REALTORS. "First time homebuyers who don't have a lot of cash are hit the hardest."
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Moye said bidding...
