Category Archives: Gov’t Affairs

Larimer County: NCEDC Hires Interim CEO

The Northern Colorado Economic Development Corporation (NCEDC) announced it has hired Organization Dynamics LLC to provide temporary chief executive services following the resignation of Walt Elish, who resigned in September. Doug Marsh, a principal with Organization Dynamics, will serve as … Continue reading

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QRM Update

The FDIC was the first of six regulators to finalize the QRM (Qualified Residential Mortgage) Rule. The QRM rule provides a set of requirements a loan must meet to be considered a safe loan and eligible to be sold to … Continue reading

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Regulators Propose Tweaks to Flood Rules

Regulators released a joint proposed rule on Oct. 24th that would require lenders to escrow flood insurance payments and eliminate mandatory insurance requirements for structures that are detached from a primary residence. The rule would require lenders to escrow premiums … Continue reading

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Three Calls for Action

NAR is launching three Calls for Action (CFA) this week. The first is a regulatory Call for Action to the Environmental Protection Agency on the “Waters of the United States” rule.  The second is for commercial practitioners concerning the Terrorism Risk … Continue reading

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Legislature To Revisit URA Bill

Last year the Governor vetoed a bill that would require cities to share tax increment financing (TIF) revenues used to finance urban renewal projects with other government entities such as cities and school districts. However, CAR’s Vice President for Public … Continue reading

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Cheroutes Receives National Award

Michael Cheroutes, the director of CDOT’s High Performance Transportation Enterprise (HPTE) received a national award in recognition of his leadership on the US 36 Express Lanes project. That project became controversial last year mainly due to the antics of Senator … Continue reading

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Most Realtor-Endorsed Candidates Win

Yesterday’s election featured some of the most competitive races in recent memory A majority of the candidates endorsed by CAR were successful — with one notable exception in the highly watched U.S Senate race. Congressman Cory Gardner won a decisive … Continue reading

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Greeley’s Budget for 2015

The City Council’s 2015 budget, totals $247.3 million, down from $266 million in 2014. The majority of the City’s estimated revenues come from fees for services (48.4 percent) and property and sales taxes (28.5 percent). On the expenditure side, the … Continue reading

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Larimer: County, Cities Agree to Study TIF

Larimer County and its cities will share the cost of funding a study to establish a model for measuring the effects (both negative and positive) of Urban Renewal Authorities (URAs) and their use of tax increment financing (TIF). According to Loveland … Continue reading

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Larimer County: Gaiter Elected to Serve 2nd Term

Lew Gaiter easily defeated challenger Kathy Gilliland in the Larimer County Commissioner race for District 1. The Fort Collins Board of REALTORS and the Loveland-Berthoud Association of REALTORS endorsed Gaiter. Hopefully Gilliland will continue to serve as the Transportation Commissioner … Continue reading

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