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Oregon housing bill 'strips away the rights of poor families'

  • Gov. Jared Polis signed House Bill 1272 on Monday to support affordable condo and townhome construction in Colorado.
  • The bill responds to long-standing challenges from costly construction defects litigation that has stifled condo development for over 15 years.
  • HB 1272 establishes a voluntary program limiting builders' liability when they accept third-party inspections and provide warranties, raising the HOA lawsuit authorization threshold to 65%.
  • Polis said, "I'm very hopeful" for condos priced between $250,000 and $300,000 within five years, aiming to make homeownership accessible and promote wealth building.
  • Supporters believe the law will increase affordable starter homes, improve insurance market competition, and offer hope for many Coloradans seeking community investment.
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Colorado Newsline broke the news in on Monday, May 12, 2025.
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