Colorado Association of REALTORS: Legislative Update

HB 1279 “Construction Defect Actions Notice Vote Approval” CAR Position – Support. This bill passed the legislature and will be signed by the Governor next week, which is a major win for CAR. HB-1279 focuses informed consent and does nothing to stand in the way of individual owners who have a legitimate construction issue fromContinue reading “Colorado Association of REALTORS: Legislative Update”

Greeley: Imagine Greeley Needs You

Greeley is moving forward quickly with its Comprehensive Plan update, known as Imagine Greeley. Community Development Director Brad Mueller says the plan is on track for adoption by the end of 2017. The plan focuses on the following topics:  housing access (affordable and diverse housing types), growth, economic health, livability and capital and operations. AfterContinue reading “Greeley: Imagine Greeley Needs You”

Colorado Association of REALTORS: Legislative Update

HB-1279 “Construction Defect Actions Notice Vote Approval” CAR Position – Support. The Legislative Policy Committee changed its position to support after significant amendments were made to the bill. This bi-partisan bill requires all homeowners and the developer to be notified that a construction defects lawsuit is being considered. In addition, it requires that a majorityContinue reading “Colorado Association of REALTORS: Legislative Update”

Colorado Association of REALTORS: Doc Fee Bill Introduced

After meeting with CAR lobbyists, who expressed significant concerns, sponsors introduced HB-1309 “Doc Fee to Fund Affordable Housing.” This bill would double the existing documentary fee for the recording of real estate deeds, with half of the money allocated to the county treasurer and the other half allocated to the Colorado Housing and Finance AuthorityContinue reading “Colorado Association of REALTORS: Doc Fee Bill Introduced”

Longmont: Motion to Reconsider Inclusionary Zoning Fails

At the beginning of the April 4th City Council meeting, Council member Polly Christensen made a motion to direct the City Manager to add a discussion of inclusionary zoning – requiring builders to deed restrict a portion of new development and dedicate it affordable housing — to a future agenda. She claimed the Work ForceContinue reading “Longmont: Motion to Reconsider Inclusionary Zoning Fails”

Colorado Association of REALTORS: Legislative Update

The Legislative Policy Committee adopted the following positions at its March 3rd meeting. HB-1187 “Change Excess State Revenues Cap Growth Factor” Position – Support.  This bill modifies the excess state revenues cap by allowing an annual adjustment for an increase based on the average annual change of Colorado personal income over the last 5 years,Continue reading “Colorado Association of REALTORS: Legislative Update”

Loveland: Council Allocates Sales Tax to Affordable Housing

Last week the City Council approved a resolution allocating 1.25 percent of the previous year’s sales tax – or about $500,000 — to the affordable housing fund. The resolution includes a funding cap of $2 million to allow the accumulation of funds over time for matching or back -up grant funding for affordable housing projectsContinue reading “Loveland: Council Allocates Sales Tax to Affordable Housing”

Longmont: Chamber Presents Construction Defects Resolution

Bruce Partain, CEO of the Longmont Chamber of Commerce made a brief presentation last night to Longmont City Council, delivering a resolution from the Board of Directors asking the City Council to pass a construction defects ordinance, just as Fort Collins and Loveland did last year. Partain urged the Council to support legislative reform ofContinue reading “Longmont: Chamber Presents Construction Defects Resolution”

Boulder: Height Moratorium Extended

The Boulder City Council voted 8-1 with Bob Yates dissenting, to extend the existing building height moratorium until July 19, 2018. The moratorium was implemented in 2015 and prohibits buildings taller than 40 feet in most neighborhoods. The Council was swayed by the testimony of multiple citizens, who pleaded for the moratorium’s extension, saying tallContinue reading “Boulder: Height Moratorium Extended”

Boulder: Council Raises Affordable Housing Linkage Fee

The City Council voted to raise the affordable housing linkage fee last week. The per square foot rate will increase to $12 from $9.53. The fee revenue helps to create and preserve affordable housing in the City. Staff had proposed a $15 per square foot fee and some members of the City Council argued evenContinue reading “Boulder: Council Raises Affordable Housing Linkage Fee”