Industry Articles

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…

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…

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…

Dr. Robert Dietz, NAHB Chief Economist 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…

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…

**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…

December 5, 2023 Longtime Advocates and Housing Policy Experts, Tim Craft and Rose Rodriguez Honored at the 2023 HBA Annual Meeting The Home Builders Association of Metro Denver held its’ 2023 Annual Meeting on Wednesday, November 29th at the DU Cable Center. At the event, longtime Chairman of the Government Affairs Committee, Tim Craft received…

Prevent Costly New Building Codes, Protect Your Bottom Line Tell Your Lawmaker to Support H.R. 5473, the Promoting Resilient Buildings Act H.R. 5473 would allow home builders and municipalities to abide by rules published in the two latest editions of building codes, rather than just the single latest edition, when utilizing FEMA’s hazard mitigation funds. Passage…