Jack Luscombe "Pay It Forward" Award: Jenny Jorgensen When you think of Jenny, the first word that comes to mind is Passion! She has been involved with AAMD and served in a leadership role for more than a decade. She has served on several different committees and is currently serving as the... Continue Reading
Articles
Articles pertaining to operations in the Denver multifamily industry
The multifamily housing industry is unique by nature, as it provides a primary need – housing. Not only that, but apartment communities, owners and management companies spend tens of thousands of dollars and thousands of hours contributing to the needs of their community in different areas... Continue Reading
To say Housing Credit compliance is difficult would be an understatement. There is so much to learn, comprehend, and execute and the rules are just plain complicated. Add in the state-specific rules, numerous gray areas, and the likelihood of other programs being on your property, and you have the... Continue Reading
The last year and a half have not been good for mental wellness.The pandemic and its resulting lay-offs, remote work, onsite work, work where the rules changed daily, the “stay 6 feet away” habit (both emotionally and physically) the incessant roller coaster of safety vs. threat,... Continue Reading
When a property fails a REAC Inspection, the property owners and managers often take it personally. It can feel like a gut punch, and often the initial response is defensive. A defensive response is entirely normal; it’s even human. However, this response often gets property owners in... Continue Reading
At any given time, Low-Income Housing Tax Credit (LIHTC) properties all over the country are helping tens of thousands of households by providing decent, safe and sanitary affordable housing. A property can continue to do so if the responsible management professionals follow the basic rules of... Continue Reading
Affordable housing has been one of the hottest political topics in Colorado during the last decade. At the root of the issue has been massive population growth (particularly between 2013 and 2017) with lagging production of new housing units. The economic upheaval caused by virus related business... Continue Reading
The cost of housing has increased dramatically in Colorado. The average cost of buying a house has gone up 49% in the last 5 years (10% per year). The average rent rate has increased 18% over that same period of time (3.6% per year). Perhaps because many people own houses, the increased cost of... Continue Reading
The Director of the Centers for Disease Control and Prevention (CDC) had imposed a nationwide moratorium on evictions of any tenants who make certain declarations of financial need. The U.S. District Court for the District of Columbia has issued an Order overturning the CDC eviction order on the... Continue Reading
The Centers for Disease Control (CDC) forced the United States Supreme Court to legally slap the agency (and the Biden Administration) exceptionally hard in Alabama Association of Realtors, et al. v. Department of Health and Human Services. The Court had performed legal backflips to allow the CDC... Continue Reading
In a million years would we have ever imagined living through the last 18 months? A global pandemic touching and impacting every area of our lives; where we work, live, how we shop, how we dine out, nothing left untouched. We stretched in ways we could have never imagined. And so here we are -... Continue Reading
The order applies to counties with high COVID-19 cases. While the Order is "new," it is essentially an extension of the previous CDC Order that has been in place since September 2020. Continue Reading