"Last Wednesday, Colorado Governor Jared Polis announced that if local governments do not comply with his housing policies, they will lose out on $280 million in state grants. The policies include raising occupancy limits, permitting secondary housing units to be built on the same property as a primary residence, and encouraging housing development near transit hubs. The move brought backlash from municipalities claiming the mandates exceed state authority. ( Colorado Public Radio)"
"Builder confidence remains low, with the NAHB index at 32 - down from 39 a year ago. The 30‑year fixed mortgage rate is around 6.58 percent, and the median for new home prices is about $401,800. To drive sales, 66 percent of builders are offering discounts and incentives, and 37 percent of builders have applied price cuts, the average of which is 5 percent."
Colorado enacted conditional grant penalties tied to local adoption of higher occupancy limits, accessory secondary units, and transit‑oriented development, drawing municipal claims of state overreach. Connecticut’s Build for CT program has funded 20 developments producing roughly 2,700 units, including 740 targeted to middle‑income households, and includes a down‑payment assistance component. Homebuilder confidence remains low, mortgage rates and new home medians are elevated, and builders are increasing discounts and price cuts to spur sales while investors continue to back major builders. The Department of Housing and Urban Development will restrict materials to English and remove non‑English paper and online materials.
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