Colorado cities can’t force developers to build affordable housing

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Colorado cities can’t force developers to build affordable housing

Democratic lawmakers want to change that
Homes sales in Telluride and Mountain Village surpassed $1 billion in 2020, an all-time high. Colorado’s resort communities are seeing a surge of homebuyers who are shattering real estate records, but affordable housing is becoming scarcer in many cites and towns in the state.
The Colorado Sun file

Two Democrats in the Colorado General Assembly have introduced House Bill 1117, which would modify state land-use statutes so that local governments can require affordable housing in new or redeveloped projects without running afoul of state rent-control prohibitions.

Colorado cities can’t force developers to build affordable housing

Homes sales in Telluride and Mountain Village surpassed $1 billion in 2020, an all-time high. Colorado’s resort communities are seeing a surge of homebuyers who are shattering real estate records, but affordable housing is becoming scarcer in many cites and towns in the state.
The Colorado Sun file

Two Democrats in the Colorado General Assembly have introduced House Bill 1117, which would modify state land-use statutes so that local governments can require affordable housing in new or redeveloped projects without running afoul of state rent-control prohibitions.
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