Category: Legislation
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Press Release from CAA – Rent Control
For Immediate Release Media Contact: Nancy Burke, Vice President of Government and Community Relations Email: nburke@aamdhq.org Phone: 303-329-9968 Colorado Apartment Association Applauds Demise of Rent Control Legislation in the State Senate DENVER (April 30, 2019) – Today, Senate Bill 225, a measure that would have allowed local governments in Colorado to set rent control policy, was effectively killed prior to its…
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Colorado House Bill 1170 – Residential Tenants Health and Safety Act
Another bill which is looking strong currently is the Residential Tenants Health and Safety Act. You can read more about it here: House Bill 1170 …
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Colorado Senate Bill 225 – Repeals prohibition on rent control
At the time of writing this it appears that this bill may not pass the whole senate. However, this initiative is gaining steam every year. Instead of addressing the reasons for escalating costs to housing, it appears the legislators feel controlling the free market and implementing rent control is a more suitable solution. Read more here:…
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Will Trump Administration Privatize Fannie, Freddie?
Surprise Announcement Sends GSE Housing Finance Agencies’ Stock Prices Soaring By Mark Heschmeyer (from CoStar) Call it an early Christmas present for Fannie Mae and Freddie Mac shareholders. President-elect Donald Trump’s nominee to head the Treasury Department, Steven Mnuchin, in his first interview since his announced appointment said the two housing finance agencies should not be…
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HUD Wants Multifamily Owners to Report Energy and Water Usage
The U.S. Department of Housing and Urban Development (HUD) is requesting public comments on a proposed requirement that owners of HUD-funded multifamily housing report energy and water usage at their properties. Comments on the Federal Register notice are due Dec. 5. The proposed utility benchmarking requirements “would allow owners to better understand their buildings’ energy…
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Fort Collins Unapproved Dwelling Units – Are you one of them?
Multi-family & Duplex Property Owners Act Now to Save on Impact Fees. The City’s Unapproved Dwelling Unit (UDU) Compliance Program Ends June 15. The UDU Compliance Program, a limited time compliance period approved by the Fort Collins City Council, is intended to assure unapproved dwelling units (UDUs) in existence prior to December 31, 2008, are…
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Capital Gain Taxes – The Same for Now
From IPX1031 – Danita Vigil and Tracey Wilson Toward the end of 2010, many people wondered what would happen to capital gain tax rates on January 1, 2011. Some even scrambled to close the sale of property before the end of the year. As it turned out, Congress extended the capital gain rates in mid…
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Fort Collins Dodged a Bullet: Rental Licensing
At the last city council meeting in Fort Collins (May 4, 2010) the rental housing industry in town dodged a bullet. Many neighborhood activists (and some council members) were strongly in favor of instituting a rental licensing program to help regulate the industry. In the end, everyone compromised and the city council voted to require…
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Fort Collins passes changes to Occupancy Ordinance
May 5, 2010 – FORT COLLINS. Last night the Fort Collins City Council voted 5-2 in favor of changes to the Occupancy Ordinance for rental properties. The major items include: * Every lease shall have the Occupancy Disclosure Form signed and dated by all parties and either 1) notarized or 2) electronically recorded * A…
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Lead-Based Paint Regulations Go Into Effect Today
More on Lead-Based Paint from National Multi-Housing Council: Apartment firms are reminded that the EPA’s new lead-based paint Renovation, Repair and Painting (RRP) rule becomes effective today. Under the rule, a trained or certified renovator must carry out any renovation or repair work undertaken on pre-1978 properties that disturbs more than six square feet of…