Colorado Home Initiative
What will the Colorado Home Initiative (CHI) do?-Facilitate over 300 new workforce housing units in areas where the housing shortage hits hardest.
-Connect over 10,000 Coloradans with housing assistance programs.
-Mitigate over 120 Colorado homes to help bring down insurance costs.
-Petition the state government to crack down on HOA costs to bring down monthly expenses for starter homes and blue-collar families.
Colorado is a wonderful place to call home. It’s natural beauty, peaceful and relaxed lifestyle, and booming economy draw people from across the nation to start new lives. As happy as we are to welcome more people into our Coloradan family, it is causing our housing market to suffer. Homes are approaching California prices, HOA fees are among the highest in the nation, and red tape laws only contribute to the massive housing shortage.
Updates on the project!
Project Phases
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Conduct a statewide assessment identifying communities experiencing significant housing affordability challenges.
Develop relationships with local governments, housing authorities, nonprofit housing organizations, private developers, employers, financial institutions, and community organizations.
Establish workforce housing development strategies.
Create a statewide housing assistance referral network.
Identify neighborhoods suitable for home restoration and community revitalization projects.
Develop volunteer recruitment and community engagement strategies.
Research homeowner association (HOA) policies and identify areas for legislative reform.
Establish fundraising, grant acquisition, and sponsorship strategies.
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Begin facilitating workforce housing development projects with participating partners.
Launch the statewide housing assistance program connecting residents with available resources.
Begin neighborhood restoration and home mitigation projects.
Recruit volunteers and skilled trades professionals to assist in community revitalization efforts.
Engage homeowners, community associations, and local officials regarding responsible HOA governance.
Launch public awareness campaigns promoting affordable housing solutions.
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Increase workforce housing partnerships throughout Colorado.
Expand the housing assistance network to additional communities.
Increase the number of neighborhood revitalization and home restoration projects.
Recruit additional nonprofit organizations, businesses, and financial partners.
Continue legislative outreach and public engagement regarding HOA accountability and housing affordability reforms.
Publish annual reports evaluating statewide housing affordability progress.
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Facilitate the development of 300 new workforce housing units through strategic partnerships with developers, employers, housing authorities, nonprofit organizations, and local governments.
Connect 10,000 Colorado residents with housing assistance programs, rental assistance, homeownership resources, financial counseling, and other housing stability services.
Restore, rehabilitate, or assist in mitigating 120 homes to improve neighborhood conditions and reduce factors that contribute to higher homeowner association fees and homeowners insurance costs.
Develop and submit formal policy recommendations to the Colorado General Assembly advocating for increased transparency, accountability, and consumer protections within homeowner associations.
Establish long-term partnerships with developers, housing authorities, nonprofit organizations, financial institutions, employers, and community organizations to sustain housing affordability initiatives beyond 2030.
Publish an annual Colorado Homes Initiative Impact Report documenting progress toward all committee benchmarks and identifying future priorities.
Evaluate completed projects and develop best-practice recommendations for replication in additional Colorado communities.
Continue pursuing grants, private donations, and corporate partnerships to ensure the long-term financial sustainability of committee initiatives.
Maintain a statewide volunteer and professional network capable of supporting future housing development and neighborhood revitalization projects.
Present recommendations to the Board of Directors for expanding successful housing affordability initiatives into new communities and additional program areas following the successful completion of the Committee's 2030 benchmarks.