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 inOpinion, Opinion Columns

Opinion: Colorado leaders must enact lasting reform to prevent evictions and promote an equitable recovery

Many Coloradans who are still struggling to make ends meet due to the impacts of the COVID-19 pandemic were relieved when the latest $1.9 trillion federal stimulus package was signed. Individual stimulus checks, however small, will help to keep a roof overhead, and millions of federal dollars in rental assistance will keep landlords solvent and […]

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 inBusiness, Economy, News

Colorado’s mortgage relief program will pause after funds are used up

Colorado’s housing assistance program, which has provided $58.9 million in rent or mortgage help during the pandemic, will be placed on hold starting Friday as it waits for new federal funds to aid struggling homeowners, according to the state Department of Local Affairs. The rent-assistance programs, however, will continue under a different name in order […]

Posted inBusiness, Economy, News

Colorado sees record $55 million in rent assistance requests in past month — more than all of 2020

A record number of applications seeking help with monthly rent or mortgage payments flooded Colorado’s rent-assistance programs in January after a state eviction moratorium ended.  More than $55 million was requested between Jan. 4 and Feb. 8, which was more than all of 2020, according to data from the state Division of Housing. But the […]

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 […]

Posted inBusiness, COVID, Economy, News, Politics and Government

As 2020 winds down, renter programs get more money as Colorado’s state eviction moratorium is set to end

Struggling renters get one more month to figure out how to pay their rent, thanks to an extension of the national eviction moratorium in the new federal COVID-19 relief bill.  There’s also a new pot of federal money headed to Colorado just for rental assistance in the $908 billion Coronavirus Response and Relief Supplemental Appropriations […]

Posted inBusiness, Economy, News, Politics and Government

Unemployed Coloradans won’t see federal jobless aid for weeks despite Trump signing coronavirus relief bill

Linda Madigan felt relieved on Monday, a day after the $908 billion federal COVID-19 aid package was finally signed following a week of protest by the president. But she knows it could be several weeks before she and some 280,000 other Coloradans receive a cent in extended unemployment aid because the Colorado Department of Labor […]