The Division of Housing (DOH) is excited to announce the ERAP payment process is transitioning! The State’s vendor set-up and payment processing system was not designed for the efficient and quick payment processing that is needed for the ERAP. In order to launch the program as quickly as... Continue Reading
ARTICLES
Articles pertaining to operations in the multifamily industry
Authored by Drew Hamrick, Senior Vice President of Government Affairs of Colorado Apartment Association The most challenging legislative session for housing providers in Colorado history has now ended. This was the Year of The Crisis. The sheer number of anti-landlord bills, coupled with the... Continue Reading
Chatbots are quickly becoming a must-have for the rental housing industry. Like the first iteration of pretty much any tool or technology, chatbots had their initial challenges. Endless loops, the inability to understand certain dialects, and clumsy handoffs to associates were among the... Continue Reading
Rental scams with the highest losses occur in the summer. As the heat rolls in with the summer months so do scammers looking to take financial advantage in the rental housing industry. Apartment Guide reviewed data from the Better Business Bureau scam tracker and analyzed nearly 1,900 reported... Continue Reading
The National Apartment Association (NAA) will soon file a lawsuit against the federal government seeking compensation for business losses suffered under the unlawful U.S. Centers for Disease Control and Prevention’s (CDC) eviction moratorium. The CDC’s protracted moratorium is... Continue Reading
RPM Careers Week is July 12–16! There’s never been a better time to recognize the hard work of the professionals who make apartment communities thrive. Continue Reading
On Friday, July 2, Governor Polis announced Executive Order 120, extending for the third time the requirement for landlords to serve 30-day rent demands instead of 10-day rent demands. In addition, the new order keeps EO-110 in effect, which requires landlords to serve the DOLA FAQs with every... Continue Reading
Colorado’s rent collection rate 0.9 percentage points higher than the national rate DENVER (June 10, 2021) – Colorado’s rent collection rate was 97.9% as of May 27, 2021, which is 1.1% higher than rent collections from the previous year, with a 96.8% rate recorded in May... Continue Reading
Late fees are a major part of SB21-173, which is headed to Jared Polis for his signature The Colorado legislature has passed a Democratic bill that would make it easier for financially struggling tenants to stave off eviction. SB21-173 will head to Gov. Jared Polis, whose office has not responded... Continue Reading
On Tuesday, June 1, 2021, Governor Polis signed EO 110, which extends the previous EO 88 and EO 105 for another 30 days. This means that between now and July 1, landlords must keep serving 30-day rent demands instead of 10-day rent demands. There is also a new requirement that before an eviction... Continue Reading
Virtual Leasing is Just One of the Many Options in Your Leasing Toolbox. Are you ready for another blog about the power of virtual leasing? How about a step-by-step method for creating an array of virtual leasing choices and mediums? Sorry, but there are already too many such articles - some... Continue Reading
On May 7, 2021, the Biden Administration announced the allocation of an additional $21.6 billion for emergency rental assistance that was passed earlier this year through the American Rescue Plan Act, which is referred to as Emergency Rental Assistance 2 (ERA 2) by the United States Department of... Continue Reading
