Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

Colorado Association of REALTORS: Legislative Update

HB 17-1161 “TIF Tax Increment Financing Transparency” Position -Oppose. Status - died in the House Committee on Business Affairs and Labor on February 21st. This bill would have required additional reporting requirements for urban renewal authorities (URAs). CAR opposed this legislation because it would have made these types of urban renewal projects more difficult to… Continue reading Colorado Association of REALTORS: Legislative Update

Gov't Affairs, Govt - County Boulder, Govt Boulder

Boulder: Property Owners Lose Appeal

In December the Colorado Supreme Court denied a request to review the Court of Appeals decision to uphold a district court’s ruling in the Wibby et al. v. Boulder County Board of County Commissioners. In 2014 Chuck Wibby and a group of property owners sued the County over the Commissioners’ decision to require property owners… Continue reading Boulder: Property Owners Lose Appeal

Gov't Affairs, Govt - Northeastern Colorado, Govt - State of Colorado

Region: Denver Creates Affordable Housing Fund

The Denver City Council approved an ordinance creating a $150 million fund for affordable housing. The fund is intended to create or preserve 600 units each year for ten years. City property owners will be charged an additional half mill, equating $12 a year on a home worth $300,000, which will bring in about $6.5… Continue reading Region: Denver Creates Affordable Housing Fund

Gov't Affairs, Govt - County Larimer, Govt Loveland

Loveland: Flexible Zoning Overlay Passes First Reading

The City Council unanimously passed an ordinance on first reading to encourage developers to consider lots that are difficult to build on by providing relief from existing regulatory standards that restrain development. The flexible zoning overlay is intended to get an applicant through the development process quicker with less initial cost. For example, it may… Continue reading Loveland: Flexible Zoning Overlay Passes First Reading

Gov't Affairs, Govt - State of Colorado

Colorado: Denver Announces More Fees and Taxes for Affordable Housing Program

The City of Denver recently announced a new effort to combat the price of housing. Single-family developments will be charged an additional 60 cents a square foot while multi-family projects will be charged an additional $1.25 per square foot. Most commercial projects will be charged $1.70 a square foot. In addition, all property owners (residential… Continue reading Colorado: Denver Announces More Fees and Taxes for Affordable Housing Program

Gov't Affairs, Govt - Nation

Nation: Supreme Court Rules in Favor of Property Rights

Recently, the Supreme Court unanimously decided in favor of property rights and property owners in Hawkes vs. U.S. Army Corps of Engineers a case in which NAR joined as party to an amicus brief. The Court issued its opinion upholding the property owner’s right to appeal in court an Army Corps of Engineers determination that… Continue reading Nation: Supreme Court Rules in Favor of Property Rights