Tag: Multifamily Housing

By Cory Gaines | Commentary, Colorado Accountability Project I saw a post by a reader on Twitter recently. It shows how Denver is proposing to implement a 2024 law passed by the state legislature. Let’s start with the 2024 bill. It’s linked first below. I took a screenshot of the bill’s fiscal note summary and attached those as screenshots 1 and 2. As you can see from the highlight in screenshot 2, it just wouldn’t be Colorado if we didn’t throw a bone or two to nonprofits. In summary, the bill allows local governments (for buildings of a certain size depending on whether your municipality qualifies as urban or rural/resort) either the right to purchase a property if it’s already listed as affordable housing for “an economically or substantially ...