Colorado State Government and Public Real Estate News

The Senate passed an energy efficiency bill yesterday that includes a bipartisan bill introduced by Colorado U.S. Senator Michael Bennet to boost the use of energy efficient technology by tenants in commercial buildings. Bennet originally introduced the bill with Senator Kelly Ayotte (R-NH) in 2013
Gov. John Hickenlooper and Kevin Patterson, interim executive director of the Colorado Department of Local Affairs (DOLA), today announced $34,240,176 in competitive grants has been awarded to 40 projects throughout Colorado through the Energy and Mineral Impact Assistance Fund grant program. Projects address key public improvements ranging from public facilities to water and wastewater systems in communities statewide.
Colorado U.S. Senator Michael Bennet introduced an amendment to the Senate's budget proposal that instructs Congress to extend expired and expiring tax credits for renewable energy. The tax credits should be extended for a reasonable period of time as a bridge until Congress completes its work on tax reform
Congressman Scott Tipton (R-CO) joined with a bipartisan group of his House colleagues to urge House leadership to prioritize funding for the Payment in Lieu of Taxes (PILT) program for Fiscal Year (FY) 2016, and to work toward a long-term, sustainable solution for the vital program on which rural counties rely to provide essential services. Tipton also sent a letter to House appropriators this week requesting full funding for PILT in FY 2016 Interior, Environment and Related Agencies Appropriations.
At a hearing this morning of the House Veterans Affairs Oversight and Investigations Subcommittee, chaired by U.S. Representative Mike Coffman (R-Aurora), Democrats on the subcommittee joined Rep. Coffman’s call to fire the VA from building any future hospitals.
The FEMA temporary housing mission serving Colorado came to a close March 14, 2015. In the aftermath of the 2013 Colorado flooding, FEMA brought in more than 50 manufactured homes to areas where a severe housing shortage was identified. In the past month, the final few remaining households have been moving out of the FEMA units.
Gov. John Hickenlooper joined the U.S. Department of Housing and Urban Development (HUD) Regional Administrator Rick Garcia, and other nonprofits, mental health centers, and housing authorities today to celebrate the announcement of a $7.6 million award to the Colorado Division of Housing from HUD. The award is designed to provide rental vouchers for up to 411 vulnerable individuals.
Congressman Scott Tipton (R-CO) joined with a number of his bipartisan House colleagues to urge House leaders to work with them to pass a multi-year transportation infrastructure reauthorization bill.
Today, Congressman Scott Tipton (R-CO) questioned Department of Housing and Urban Development (HUD) Secretary Julian Castro during a House Committee on Financial Services oversight hearing to examine the Federal Housing Administration’s (FHA) precarious financial state
The Colorado Attorney General’s Office announced that the statewide grand jury has issued a 37-count indictment against six family members for using their status in the real estate industry to perpetrate a fraud-for-profit mortgage fraud scheme. The family is accused of manipulating “straw buyers” to buy and sell properties destined for foreclosure. The six are accused of violating the Colorado Organized Crime Control Act based on the commission of crimes ranging from Forgery and Theft, to Criminal Impersonation, and Attempt to Influence a Public Servant
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The U.S. Environmental Protection Agency (EPA) today announced that Hunt Building has agreed to resolve alleged Clean Water Act violations at two military housing construction sites at the United States Air Force Academy in Colorado Springs, Colo. The company will pay a civil penalty of $310,000
Colorado Attorney General John Suthers today announced the filing of civil law enforcement actions against the two largest foreclosure law firms in Colorado. In separate filings, the Attorney General’s Consumer Protection Section charged The Castle Law Group, its principals and affiliated foreclosure-related businesses, as well as Aronowitz & Mecklenburg, its principals and affiliated foreclosure-related businesses with violating the Colorado Consumer Protection Act, the Colorado Antitrust Act, and the Colorado Fair Debt Collection Practices Act. The Attorney General filed a simultaneous proposed Final Consent Judgment settling the case against the Aronowitz defendants.
U.S. Senator Mark Udall and Congressman Jared Polis hailed the U.S. Senate's passage of their bill to help Summit County support local businesses and jobs by expanding affordable workforce housing. The Lake Hill Administrative Site Affordable Housing Act conveys 40 acres of federal administrative land from the U.S. Forest Service Dillon Ranger District to Summit County to build affordable workforce housing while supporting a new Dillon Ranger District administrative building nearby. The bill now heads to the president's des
Colorado Attorney General John Suthers today announced a $550 million nationwide state-federal settlement with mortgage lender and servicer SunTrust Mortgage Inc. to remedy mortgage origination, servicing, and foreclosure abuses. To resolve past SunTrust abuses, some Colorado borrowers are now eligible for $4,448,533 in principal reduction loan modifications, refinancing for underwater mortgages, foreclosure payments and other relief. Coloradans who experienced servicing abuses and were foreclosed by SunTrust from January 1, 2008 through December 31, 2013 may be eligible for a payment from a national $40 million fund. Payment amounts will depend on how many borrowers file claims
Tipton: FHA Practices Pose Risk to Taxpayers

WASHINGTON – February 12, 2015 – (RealEstateRama) –Today, Congressman Scott Tipton (R-CO) questioned Department of Housing and Urban Development (HUD) Secretary Julian Castro during a House Committee on Financial Services oversight hearing to examine the Federal Housing Administration’s (FHA) precarious financial state. more »

 
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