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Colorado lawmakers take up condominium development bill

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Lawmakers have proposed at least eight measures in the past eight years to address the “construction defects” issue.

DENVER — During the 2023 legislative session, every idea about how to solve the state’s affordable housing crisis was on the table.

Except for one — condos, traditionally viewed as the pathway to home ownership for young families looking for their first homes or seniors wanting to downsize. 

But last year, the legislature showed no signs of being ready to tackle the lengthy and bitter fights over how to jumpstart condo development, which has waned in Colorado over the last 15 years. Indeed, lawmakers have proposed at least eight measures in the past eight years to address the “construction defects” issue, with only one that made it to the governor’s desk — in 2017. 

That changed on Tuesday, with the first of at least three bills intended to find a path forward for affordable condo construction moving through the Senate Local Government & Housing Committee. The panel decided to give the sponsors additional time to work out amendments and bring the measure back for a vote in a week.

Read the entire article at Colorado Politics

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Colorado lawmakers take up condominium development bill
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