Government Affairs Committee

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[May 2022} New Local Economic Impact Reports on the home building industry in the Denver Metropolitan Area now available

Home building generates substantial local economic activity, including new income and jobs for residents, and additional revenue for local governments. The National Association of Home Builders, in partnership with the HBA of Metro Denver has developed two reports that provide estimates of these economic benefits to local governments and the regional economy here in the Denver metropolitan area.

The reports capture the effect of the construction industry itself, the ripple effect that occurs when income earned from construction activity is spent and is recycled within the local economy, and the ongoing impact that results from new homes becoming occupied by residents who pay taxes and buy locally produced goods and services.

NAHB Regional Economic Impact Report

NAHB Regional Economic Impact Costs Report

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SHELTER AMID COVID | Providing housing, jobs

8/25/2020 :: The past six months have certainly been difficult for our state. Colorado — and our state’s citizens, businesses, schools and nonprofits — have risen to the challenge to contain this pandemic, keep our communities safe and healthy, and maintain our economy.

Homebuilders have embraced Colorado’s spirit of collaboration and cooperation to defeat COVID-19 —while keeping tens of thousands of Coloradans working and meeting the demands of our state’s housing needs. The construction industry — including homebuilding, commercial development, and roads and transportation — employs more than 180,000 workers in our state. Keeping these Coloradans safely on the job helped their families and local communities through these tough economic times. Read the article on ColoradoPolitics.com