Colorado Passes Housing Bills, Boosts Local Building
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Colorado Governor Jared Polis signed two housing bills into law, aiming to reduce high housing costs. The HOME Act allows nonprofits and certain government groups to build homes on their own land, while Senate Bill one enables counties to use property tax money for local housing projects and workforce homes. The bills received mixed reactions, with Senate Bill one gaining broad bipartisan support and House Bill one thousand one facing pushback from local governments. Supporters argue these laws engage more local players in solving the housing crisis without imposing a full fix. As Colorado continues to address its housing shortage, more ideas from lawmakers are expected to maintain the momentum.
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