Colorado lawmakers have introduced House Bill 25-1261, a measure that, while ostensibly aimed at protecting homeowners from construction defects, will ultimately drive up the cost of housing, particularly for affordable condominiums and townhomes. This bill makes it easier to sue builders, extends the statute of limitations, and will have long-term negative consequences for housing development in Colorado. H.B. 25-1261 has been assigned to the House Transportation, Housing, and Local Government committee and is scheduled for hearing on March 11th.

If the state wants to encourage home construction — especially in the affordable housing sector — this bill is not the answer. It will hurt, not help, Colorado homeowners and prospective buyers. For that reason, we encourage anyone interested in increasing Colorado’s housing stock or in making housing more affordable to reach out to their legislators to urge opposition to H.B. 25-1261.