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”

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”

Weld County: County Supports Regional Housing

The Board of Weld County Commissioners approved transferring the County’s 2016 allocation of Private Activity Bonds (PABs) to the Colorado Housing and Finance Authority. The $7,456,700 in PABs will be used on a senior housing project in Greeley. PABs are tax-exempt bonds allocated to the State by the Federal government and are used by theContinue reading “Weld County: County Supports Regional Housing”

Fort Collins: Council Approves Resolution to Develop Land Bank Property

For the first time since the City’s land bank was created in 2001, an affordable housing program may be developed on land bank property. Tuesday night the City Council approved a resolution authorizing staff to move forward on the contract to sell a parcel located at 1506 W Horsetooth to the Fort Collins Housing AuthorityContinue reading “Fort Collins: Council Approves Resolution to Develop Land Bank Property”