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A law requiring that most materials in federally funded affordable housing are made in America is fully kicking in. But it is wreaking havoc on affordable developments. Developers are reporting delays, higher costs and hundreds of hours spent figuring out how to comply with the Build America, Buy America Act as prices soar for renters and homebuyers.
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The HOME Act would also make it easier for transit agencies, public housing authorities and certain nonprofits to build housing on land they already own, even if it isn’t zoned for residential use.
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Fourteen groups applied for a share of a new $500,000 fund created by a voter-approved sales tax. County officials said the ideas were not innovative enough, frustrating many applicants.
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Every state in the country has this kind of investment fund, except Wyoming and Mississippi. It could still be a long shot to pass.
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Colorado is in a childcare crisis. Around half of families struggle to find care. In rural areas, the shortage can be even worse. But some communities, like Ouray, are finding their way with a new project to close the gap between kids and care.
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Both the Senate and the House are moving legislative packages to deal with the housing crisis in the country, but whether one makes it to the president’s desk remains in question.
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Colorado’s elderly population is growing, and many would like to age at home. But their homes are also getting older, needing unaffordable repairs. One senior organization is helping with that.
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The state is awarding close to $1 million in grants to seven communities to bolster the development of ADUs.
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Builders and policy wonks say high exposure to litigation has stymied affordable condo development. A new law is trying to change that.
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The building on Vail Road, home of Vail's first bank, was built in 1972.