Increasing royalties for the first time since the 1920s is credited for some of the extra revenue due to Colorado governments this fiscal year
Colorado Department of Local Affairs
Posted inHousing
Time is running out on Colorado’s rent assistance program
Thousands of Colorado households — and their landlords — benefited from the $690 million in federal Emergency Rental Assistance. The state’s application portal closes Nov. 15.
Posted inBusiness
Housing Lottery: Inside a manufactured neighborhood fighting Colorado’s high country housing crisis
At Norwood’s Pinion Park, a model to make homes affordable for paycheck-to-paycheck residents is put to the test
Posted inBusiness, Economy, Housing, News
Colorado’s pandemic housing-assistance program now open to non-pandemic applicants
State and local resources have provided housing aid to many victims of the devastating Marshall fire in Boulder County. But another barely touched pot of money comes from an unlikely source: federal COVID relief funds. The Emergency Rental Assistance Program, which pays up to 15 months of rent for those experiencing pandemic income loss, has […]
Posted inBusiness, Economy, Housing, News
Demand for pandemic rental assistance in Colorado jumped 33% in November
A program that covers rent for struggling Coloradans saw a 33% increase in applicants in November compared with the average of prior months, and reasons for that include a more efficient system for processing and awareness that help is available. The Emergency Rental Assistance program, which launched in March, hit a program high of 4,700 […]
Posted inBusiness, COVID, Housing, News
Colorado launches program to help homeowners struggling with their mortgage payments
A new Colorado pilot program to help struggling homeowners make past-due mortgage payments is now up and running and offering up to three months of payments. The Emergency Mortgage Assistance Program, or EMAP, has been in development since $10 billion in the American Rescue Plan was set aside by Congress in March for housing aid. […]
Posted inBusiness, Economy, Housing, News
Colorado’s COVID rent-assistance program may have paid up to $4.4 million in error, audit finds
A popular COVID-19 rental assistance program mistakenly paid out at least $625,000 and perhaps as much as $4.4 million, the Colorado Office of the State Auditor said in a report released Monday. The state Division of Housing used the Property Owner Preservation program to make rent payments to landlords whose tenants had lost jobs or […]
Posted inBusiness, Economy, Housing, News
Colorado’s free rent program has paid out 15.2% of its available federal funds
A program offering up to 15 months of free rent has paid out 15.2% of available funds in its first six months. Payments are speeding up with one-third of the funds distributed in August after the state housing agency made changes to address payment delays. The Emergency Rental Assistance Program, overseen by the Colorado Department […]
Posted inColoradans, Equity, Housing, News
Residents of a Steamboat Springs mobile home park that went without power for 60 days still await answers
STEAMBOAT SPRINGS — The summer without power finally came to an end after 60 days. But residents of Sleepy Bear Mobile Home Park say they’re still feeling the effects of spending the hottest and smokiest two months of the year without lights or air conditioning. Power was restored to every mobile home in the park […]
Posted inBusiness, Economy, Housing, News
Colorado’s COVID rent-assistance program is now paying out five times more following changes
A struggling renter’s last hope is now the Emergency Rental Assistance Program following last week’s abrupt end to the national eviction moratorium. A renter can receive up to 15 months of unpaid back and future rent through ERAP, thanks to two rounds of federal relief packages. But six months after launching, Colorado’s program had paid […]