New Colorado State Law HB23-1255: A Step Towards Addressing the Housing Crisis

New Colorado Housing Bill Law

In an effort to address the ongoing housing crisis in Colorado, a significant legislative change has been enacted. Governor Jared Polis has signed into law a new statute, HB23-1255, which prohibits municipalities from imposing ‘growth caps’ that restrict the pace of residential development. This legislation is a direct response to the housing constraints in cities like Golden, a community of approximately 20,000 residents west of Denver.