In response to the Colorado State House introducing bill HB23-1115, which would allow municipalities to enact rent control to the detriment of their communities, Drew Hamrick, general counsel and senior VP of government affairs, of the Colorado Apartment Association issued the following... Continue Reading
According to data from the Denver County Court, combined with data from the Colorado Judicial Branch statistical report, the Colorado Apartment Association has found that current eviction filings remain in the normal range, according to the numbers compiled over the last 20 years. Total eviction... Continue Reading
y far the most impactful politicians to our industry are Colorado House and Senate members. The vast majority of laws that impact owner/resident relationships, property rights and development come from the State. Because the core of our industry is the ownership of real estate, we are particularly v Continue Reading
Governor Polis’ Opposition to Rent Control Helps Inspire Amendment Continue Reading
Vacancies Remain Low as the Apartment Market Stabilizes This week, the Apartment Association of Metro Denver (AAMD) released 2021 fourth quarter results from the Denver Metro Area Apartment Vacancy and Rent Survey, conducted by the University of Denver’s Daniels College of Business and... Continue Reading
The Colorado Apartment Association (CAA) is launching a housing directory (https://www.caahq.org/available-apartments-for-displaced-families) for residents displaced by the Marshall Fire, helping them locate vacant rental housing units available for immediate move-in. CAA will also make an... Continue Reading
DENVER (August 30, 2021)—For the first half of 2021, Colorado renters paid their rent at rates higher than the national average – continuing a trend ahead of national rates since the start of the pandemic in April of 2020. In July, 97% of Colorado renters made their payments, compared... Continue Reading
The CDC has released a new order prohibiting evictions until Oct. 3. The order applies to counties with high COVID-19 cases. While the Order is "new," it is essentially an extension of the previous CDC Order that has been in place since September 2020. Continue Reading
DENVER (July 30, 2021) – Drew Hamrick, senior vice president and general counsel at the Colorado Apartment Association, released a statement in response to the 30-day notice requirement for tenants needing rental assistance. “The Governor's scaling back of the 30-day notice... Continue Reading
Today, Governor Polis announced Executive Order 120, extending for the third time the requirement for landlords to serve 30-day rent demands instead of 10-day rent demands. In addition, the new order keeps EO-110 in effect, which requires landlords to serve the DOLA FAQs with every type of... Continue Reading
Colorado’s rent collection rate 0.9 percentage points higher than the national rate DENVER (June 10, 2021) – Colorado’s rent collection rate was 97.9% as of May 27, 2021, which is 1.1% higher than rent collections from the previous year, with a 96.8% rate recorded in May... Continue Reading
On Tuesday, June 1, 2021, Governor Polis signed EO 110, which extends the previous EO 88 and EO 105 for another 30 days. This means that between now and July 1, landlords must keep serving 30-day rent demands instead of 10-day rent demands. There is also a new requirement that before an eviction... Continue Reading
