Bipartisan legislation to make it more difficult for homeowners associations to sue condominium developers for construction defects passed unanimously out of the Colorado House on Monday and is headed to the Senate. The bill marks a breakthrough backers hope will thaw Colorado’s frozen condo construction market and help address a housing shortage across the state.
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Officials say they’re hopeful a breakthrough compromise reached on construction defects legislation as Tuesday night turned to Wednesday will thaw Colorado’s frozen condominium market and help resolve the state’s housing crisis. Calling the agreement a “psychic win,” Gov. John Hickenlooper said Wednesday at a Capitol news conference that he expects builders to respond favorably, and […]
After weeks of protracted negotiations and postponed hearings, the standoff over bipartisan construction defects legislation broke Wednesday with the announcement that an alliance of builders and business groups and a group representing the metro area’s mayors will back the bill.
For Democrat Cary Kennedy, a former state treasurer and former deputy mayor of Denver, it’s all about opportunity, and that’s what she wanted to talk about as she prepared to make her run for governor of Colorado official.
Former State Treasurer Cary Kennedy, a Denver Democrat, is expected to declare Monday she’s running for governor of Colorado in next year’s election, sources close to her campaign say.
Calling bipartisan legislation aimed at tackling construction defects issues “critically important,” a spokeswoman for Denver Mayor Michael Hancock on Thursday said the mayor is urging negotiators to stay at the table and push through to find a solution.
A bipartisan group of legislators introduced a compromise bill late Friday aimed at encouraging developers to build condominium projects while preserving the right of homeowners to have their day in court.
Supporters of a Republican-sponsored bill to require condominium owners and builders to submit claims alleging construction problems to arbitration howled with outrage Wednesday after Democratic House Speaker Crisanta Duran assigned the legislation to the House “kill committee.”