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House bill seeks to ease Colorado's high rent prices using local control
Eric English/Denver7
and last updated 2021-04-13 08:57:28-04
DENVER â As housing prices across Colorado continue to increase, a potential new law will allow cities and town to regulate affordable housing in new development projects.
House Bill 21-117 seeks to give localities the authority to regulate development and construction of new affordable housing units.
"All it does is seek to uncouple inclusionary zoning from rent control," said Elena Wilken, policy director at Housing Colorado which helped create the bill. "Thereby restoring that zoning authority to local governments."
The bill comes as rents continue to increase across the Colorado, one of the fastest growing states in the country.
If the proposal makes it out of the Colorado Legislature and is signed into law by Governor Jared Polis, it would reverse a prohibition on "inclusionary zoning" and allow governments to require developers to contribute to the affordable-housing rental stock — something that has been banned for over two decades.
In 2000, in what's known as the Telluride Decision, the Colorado Supreme Court ruled that municipalities were not only legally prohibited from instituting traditional rent-control policies, but could not require developers to build affordable rental units.
Since then, some Colorado municipalities have developed workarounds or instituted development impact fees that go toward affordable housing. Denver has such a fee in place, but it's one of the lowest in the nation.