Media Release: Colorado and Metro Denver HBAs agree to Shared Management plan; Leighty to be CEO of both HBAs
DENVER—The Colorado Association of Home Builders (CAHB) and the Home Builders Association of Metro Denver announced today that they will enter into a Shared Management Agreement beginning on December 1, 2020, with the CAHB’s current CEO Ted Leighty becoming the leader of both HBAs. The state and metro Denver HBAs will remain separate entities with distinct boards and executive committees. Under the new management plan, the HBAs will share some staff and office together to better serve their members.
“This arrangement will strengthen our industry by allowing both the state and metro Denver HBAs to share resources, which will expand and strengthen member benefits and value to all HBA members across Colorado,” said Denny Rogstad, the CAHB’s 2020 board chairman. “The CAHB and the HBA of Metro Denver are recognized as impactful and important voices for home building, housing affordability and economic vitality. This new agreement will only amplify and expand our advocacy efforts and services to members.”
The CAHB advocates for the homebuilding industry and the association’s 2,000 members at the state level, including the General Assembly, regulatory and rulemaking issues with state agencies, statewide ballot measures, and other statewide political and policy issues that impact the industry. CAHB also works with its partners within the real estate and construction industries, as well as diverse business and nonprofit groups, to continually strengthen Colorado’s economy, business climate and quality of life.
“This plan would not have been possible without the leadership of Ted Leighty,” said Mark Bailey, HBA of Metro Denver’s 2020 president. “Over the past three years, Ted has led the statewide HBA through numerous challenges, from the recent pandemic to significant challenges at the legislature to regulations impacting our industry. Our two boards have every confidence that Ted will lead both organizations professionally and independently, creating stronger associations that will benefit our industry and strengthen the entire network of local HBAs across the state.”
The HBA of Metro Denver serves more than 500 members and is the largest local HBA in Colorado. It provides advocacy for the industry with 42 local governments—including counties, cities and towns—across the metro area. The HBA provides networking opportunities, professional education and development, and industry recognitions and awards, and hosts several events such as the Denver Parade of Homes. Both HBAs have nonprofit partnerships to help provide homes for people with disabilities and to address homelessness.
“With so many challenges facing our state, local communities and our members, this move ensures that our industry remains in a position of strength and adaptability,” said CAHB’s CEO Ted Leighty. “This agreement better positions both organizations to continue our missions of supporting our members as they provide quality, attainable homes for Colorado families; helping elected officials and policymakers understand our industry; and providing professional development, training and networking to an industry that creates and provides thousands of jobs and economic activity for Colorado.”