Posted inBusiness, Economy, News

Colorado’s COVID-19 rent assistance program sees delays, fraud as eviction moratorium is set to end Saturday

When her tenants lost their jobs or saw their income plunge early in the pandemic, Karen Arnold had a heart — and a curious mind. She reduced their rents and continued to work with them for the rest of the year. Then she heard about a Colorado assistance program that provided rent payments to landlords […]

Posted inBusiness, Economy, Housing, News

Struggling renters get one more month — likely the last — to postpone monthly rent payment

With thousands of Coloradans still waiting to be approved for — or receive — available rental assistance, some relief came Thursday as the Centers for Disease Control and Prevention extended the national eviction moratorium another month to July 31.  The CDC said this is likely to be the last time it extends the order, which […]

Posted inBusiness, Economy, Housing, News

How a court ruling undoing the CDC’s eviction ban affects Coloradans waiting for rental assistance, recovery

The national eviction moratorium keeping countless Coloradans housed during the pandemic is now in question after a federal judge ruled Wednesday that the Centers for Disease Control and Prevention overstepped its authority. A federal judge ruled in the case of the Alabama Association of Realtors v. the U.S. Department of Health and Human Services that […]

Posted inBusiness, Economy, News

Colorado faces a 20,000-applicant backlog in requests for rent help as federal eviction ban is extended

Renters struggling to stay in their homes got a three-month reprieve as the federal ban on evictions was extended until June 30. And they just may need it as Colorado’s rent-assistance program is now under new rules that could delay how fast money is being distributed. “Unfortunately, at times, bureaucracy moves slower than the courts […]

Posted inHousing, News, Politics and Government

Colorado cities can’t force developers to build affordable housing. Democratic lawmakers want to change that.

More than two decades ago, Telluride’s leaders were grappling with the growing pains of a booming resort industry. Housing prices shot up, forcing many workers to live outside of San Miguel County.  The town responded by passing an ordinance in 1994 requiring developers to create affordable housing for a portion of the new workers generated […]

Posted inBusiness, Housing, News, Politics and Government

Two paychecks from eviction: Coronavirus shined a light on Colorado housing instability

Before the coronavirus pandemic, and before an economic crisis that pushed unemployment to historic levels, Colorado policymakers were already working on plans to equalize the power between landlords and tenants. Back in 2019, what was dubbed the “year of the renter,” a slate of Democrat-backed bills at the statehouse never materialized. A few new laws […]