Colorado Association of REALTORS | Initiative 200
2498
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Initiative 200 Tag

Colorado housing market

What Growth Caps May Mean for Lakewood

Earlier this month, Lakewood voters passed a controversial rule that limits new residential construction to 1 percent of the city’s existing housing stock each year, with the intent of slowing development that many residents say has gotten out of control. As the entire Front Range struggles with how to responsibly address growth, all eyes—especially of local developers and housing policy...

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Lakewood Voters Approve Measure Restricting Development

Lakewood residents voted for a measure aimed at limiting development Tuesday. Ballot question 200 was approved by approximately 53 percent of voters, with the remainder voting against it. The ordinance seeks to limit development in the city by capping new housing projects at 1 percent of the city's current housing stock. "As REALTORS®, it’s our job to ensure housing remains as attainable as...

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REMI Partnership Study Explores Impact of Growth Cap on the Lakewood Ballot

Higher property taxes, more stress on transportation infrastructure will result from imposed growth caps according to new study   On June 10, 2019, the REMI Partnership released “Building Gated Cities – Policy Brief Understanding the Impacts of 1% Growth in Lakewood.”   Next month, Lakewood voters will face Initiative 200, a proposal that seeks to impose a 1% cap on the growth of the city’s housing....