CAHB Advocacy Update
One of these bills, SB24-106, is aimed at reforming construction liability litigation in Colorado. The Homeownership Opportunity Alliance-a coalition that includes the Metro Denver, Colorado Springs, and state HBAs, real estate and construction associations, business organizations and chambers, and local government and civic groups like the Metro Mayors Caucus-will be working to pass this legislation. CAHB…
The HBA Advocate Newsletter | February 6, 2024
February 6, 2024 In this edition: Construction Litigation Reform Bill introduced at state Capitol: Legislation will focus on reducing insurance costs for condo projects, providing ways to resolve disputes faster, and a Right-to-Remedy. Homeownership Opportunity Alliance – which includes Metro Denver and state HBAs – will help lead efforts to pass legislation. DRCOG launches…
Capitol Close Up: Construction Litigation Reform Bill Drops and More!
Construction Litigation Reform Bill Drops Yesterday, Sen. Rachel Zenzinger and Rep. Shannon Bird introduced legislation aimed at reforming construction liability litigation in Colorado that has severely restricted multifamily and affordable housing across the state over the past two decades. SB 24-106 will allow for the construction of this needed inventory and create more opportunities for…
Lawmakers consider bill to allow more ADUs in some Colorado cities
An ADU is a smaller, standalone residential home typically used as a rental. By Jessica Gibbs – Reporter, Denver Business Journal Feb 1, 2024 The bill would require that those jurisdictions allow detached single-family homeowners to have one ADU. Jurisdictions that can show they are going above and beyond the bill’s requirements to incentivize ADUs would be…
A look into the state law that caused Colorado condo supply to drop
Dave Lemnah, Owner of Lokal Homes and HBA of Metro Denver’s 2024 Board President speaks with KOAA in Colorado Springs about the difficulties of building condo projects in Colorado.
The HBA Advocate Newsletter | January 3, 2024
January 3, 2024 Proposition 123 Expedited Review Survey – Please Make Your Voices Heard The Department of Local Affairs (DOLA) is currently gathering stakeholder input on the Proposition 123 requirement to expedite review of affordable housing, which will take effect in 2027. According to DOLA, this stakeholder engagement process is in the early stages, and…
The Fed Projects Lower Rates in 2024
By ROBERT DIETZ on December 13, 2023: The Federal Reserve’s monetary policy committee held the federal funds rate constant at a top target rate of 5.5% at the conclusion of its December meeting. The Fed will continue to reduce its balance sheet holdings of Treasuries and mortgage-backed securities as part of quantitative tightening and balance…
Construction Education Foundation (CEF) – 2024 Superintendent Apprenticeship
Construction Education Foundation is now accepting registrations for their new Superintendent Apprenticeship Program! The Superintendent Apprenticeship curriculum is approved by the Department of labor and is designed to foster leadership and communication skill development needed to excel in the industry. Target audience: This Work Force Development program has been tailored for individuals who are poised…
In a Win for NAHB, House Passes Key Building Codes Bill
The House approved NAHB-supported legislation that would help jurisdictions preserve local control over the building code adoption process while also encouraging communities to take positive steps to withstand and recover from extreme events. The Promoting Resilient Buildings Act (H.R. 5473) addresses an issue that has become a serious concern for local governments and home builders…
Stormwater General Construction Permit Renewal COR400000
**Time Sensitive Update about Stormwater General Construction Permit Renewals – COR400000 We want to make sure all builder/developer members of the HBA of Metro Denver are aware and prepared for some upcoming deadlines surrounding the renewal of all General Construction Permits. The deadline for renewing renewal applications is January 2, 2024. Please review the renewal…