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Capitol Connection: March 15, 2019

House Bill 19-1228: Increase Tax Credit Allocation Affordable Housing   HB19-1228, sponsored by Rep. Shannon Bird (D-Westminster), Rep. Brianna Titone (D-Arvada), Sen. Jack Tate (R-Centennial) and Sen. Rachel Zenzinger (D-Aurora), increases the annual allocation of the state's Affordable Housing Tax Credit program (AHTC), administered by the Colorado Housing and Finance Authority (CHFA), from $5 million to $10 million from 2019 through 2024....

A long line of condos fading into the distance on a beautiful summer day.

Hard to Play Real Estate Game When Rules Keep Changing

A new phenomenon is creeping into Denver that is posing an enormous problem for the 2020-plus buyers and sellers   BY MATTHEW LEPRINO   Like a game of Whack-A-Mole at Chuck-E-Cheese, it would seem that every time one low inventory-fueled abnormality pops up, another takes its place just as we begin to wrap our heads around it.   Desperate buyers seeking to find a way, any...

Zoomed in hands holding a paper cut out of a home.

Houses Appraising for Less Than Selling Price

It is a common problem lately in the Denver Metro area, which has seen a decrease in housing inventory and an increase in demand. "There are not enough houses, especially more affordable homes," said Kelly Moye with the Colorado association of REALTORS. "First time homebuyers who don't have a lot of cash are hit the hardest." Watch the 7News Story:   Moye said bidding...