Arvada emerges from the recession to start the Homebuilding Boom
Three planned communities lead the way in the Arvada surge in homebuilding. The city is on a hot streak in homebuilding. Construction crews recently began development on a trio of communities; 2,203-unit Candelas and 1,439-unit Leyden Rock are the largest of the trio.
Colorado SB-220 Runs Out of Time, is Dead
May 5, 2014, the Colorado Senate Committee on State, Military, and Veterans Affairs took two-and-one-half hours of testimony on SB-220, which would have gutted the rights of homeowners associations to bring construction defect claims by requiring non-appealable arbitration in all instances, as well as placing other onerous requirements on such defect claims.
Colorado Legislature Immediately Kills SB-219, Homebuilders’ Proposal to Study the Alleged Shortage
May 1 the Colorado Senate Appropriations Committee voted 5-2 to kill Senate Bill 219, which would have given the divisions of housing, insurance, and law a combined $150,000 to collect data on and investigate the current homebuilder-alleged shortage of owner-occupied affordable housing (a/k/a condominiums and townhomes).