The Colorado Apartment Association called the Centers for Disease Control and Preventionâs extension of the eviction moratorium to June 30 âunnecessary.â
âThe eviction moratorium will have long-lasting effects with great impacts, including increased debt from back rent, additional delinquencies on utilities and other bills, and more challenges to the ability of housing providers to keep people housed,â said the CAAâs general counsel and senior vice present of government affairs, Drew Hamrick, in a release.
Hamrick noted two federal courts found it to be invalid, due to exceeding the agencyâs authority, and unconstitutional.
âNow is the time to be phasing out government manipulation of private commerce rather than enacting a new unlawful moratorium,â the statement said.
Rent Payments Remain High in Colorado at 98%
Rent Payments Remain High in Colorado at 98%
Reopening Economy Offers Hope as Employees and Employers Begin to Recover From Pandemic Crisis
Colorado’s rent collection rate was 98% as of March 27, 2021, only 0.6% lower than rent collections from the previous year, with a 98.6% rate recorded in March 2020, according to data analytics firm RealPage
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“A 98% collection rate in March is a strong indicator of residents’ growing confidence with the economy,” said Mark Williams, executive vice president of the Colorado Apartment Association (CAA). “Considering Colorado’s Property Owner Preservation (POP) program had been closed for the majority of the month, a high number of rental payments shows CAA members are continuing to find ways to keep people housed as Colorado begins to ease COVID restrictions, disseminate vaccines and lift closures. We expect the housing market to continue to recover as Coloradans can return to work and
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Struggling to pay rent in Northern Colorado? Here’s a list of resources:
Colorado Emergency Rental Assistance Program (ERAP) is helping cover rent for residents impacted by COVID-19 through a combination of state and federal funding sources. Here’s a link.
Colorado Housing Connects is a state-funded resource for renters and homeowners that offers free legal advice and eviction prevention services. Here’s a link.
Neighbor To Neighbor is distributing rental assistance to residents in Northern Colorado. Here’s a link.
The City of Boulder is offering free legal representation and rental assistance to residents facing eviction. Here’s a link.
A bill pending at the state Capitol would give people more time to avoid an eviction, more leverage against their landlords, and more protection from late fees. But it's facing opposition.
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.