State Bill Colorado

Rent control ordinances have been illegal in Colorado, and rightly so, since 1981. That is not about to change. But you wouldn’t know it from listening to the powerful coalition determined to kill House Bill 1017.

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An amendment Thursday to a bill in the Colorado Legislature on voluntary rent-control agreements has led the Denver Metro Chamber of Commerce to drop its opposition to the measure and remove it from a list of six bills that it was asking lawmakers to kill.

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A bill supporters hope will preserve affordable housing, especially in pricey ski-resort towns, has stoked the ire of developers and landlords, who equate it to New York-style rent control.

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A panel of lawmakers were divided Thursday over whether a proposed measure was about allowing local governments to negotiate affordable housing contracts with developers or a slippery slope to rent control.
The debate was often times as much about labels as it was about law.

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Tweet A bill that seeks to uphold local governments’ ability to enforce deed-restricted housing is moving through the House of Representatives, with an affirmative vote passed by a General Assembly committee on Tuesday, The Aspen Times reports. House Bill 1017, sponsored by Rep. Daniel Kagan, passed 6-5, after a four-hour hearing in which Aspen Mayor [...]

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Setting price controls through rent has reduced supply and private investment in affordable housing. It also has a negative effect on school funding. Rent control lowers property values, which in turn lowers taxes received by the state to fund schools.

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A bill making its way through the legislature perceived by some as being about rent control is being criticized by property owners as an assault on property rights.

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