A Bill allowing for limited residential collection of rain water cleared its final hurdle on Friday, April 1, 2016, when it was approved by a majority of the State Senate. HB16-1005, commonly referred to as the “Rain Barrel Bill”, stalled several times in the State House before eventually making its way through the Senate. Governor Hickenlooper will now sign the Rain Barrel Bill into law and it will take effect August 10, 2016.
Continue Reading Colorado Rain Barrel Bill Clears Final Hurdle
Ninth Circuit: Local Government’s Denial of Rezoning May Violate Fair Housing Act
In Ave. 6E Invs., LLC v. City of Yuma, decided last week, the Ninth Circuit considered whether a local government’s refusal to grant a rezoning request that would have allowed higher-density residential development violated the Fair Housing Act (FHA). This case is one of the most significant cases since last summer’s Supreme Court decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project to address issues of disparate impact and discriminatory intent under the FHA.
Continue Reading Ninth Circuit: Local Government’s Denial of Rezoning May Violate Fair Housing Act
Denver Short-Term Rental Update
In a three-hour public meeting last night, the Denver Planning Commission heard public comments from supporters and opponents of the City’s proposed zoning regulations for short-term rentals.
Continue Reading Denver Short-Term Rental Update
New Disclosure Requirements for Certain Real Estate Investors
The New York Times and other news outlets recently reported that the U.S. Treasury Department will require title companies to report the identity of the “true beneficial owner” of any entity that purchases luxury, residential real estate in an all-cash transaction in Miami or New York City.
Continue Reading New Disclosure Requirements for Certain Real Estate Investors
Denver Apartment Rents Still Rising, but Move-In Incentives Soar
It’s no secret that rental rates in Denver are sky-high, and the multi-family apartment industry is booming. According to one study, 7,749 multi-family residential units have come online in the downtown area alone since the start of 2010, and an additional 5,039 units are currently under construction.
Continue Reading Denver Apartment Rents Still Rising, but Move-In Incentives Soar