Developer sues Denver over its affordable housing fund
Briefly

The article discusses a homebuilder's commitment to environmentally friendly construction practices, aiming for LEED Gold Certification or better. However, they are facing challenges from Denver city regulations mandating fees that hinder their ability to contribute to affordable housing. The company claims these fees are excessive and argues in a federal lawsuit that they are unconstitutional, as they impede their efforts to build more homes despite the city's housing shortage. The Pacific Legal Foundation represents them to contest these regulations.
Core to the company's identity is a commitment to the construction of environmentally conscious homes. It vows to build all structures to Leadership in Energy and Environmental Design (LEED) Gold Certification standards or better.
Thus, it refuses to issue development permits until homebuilders, like redT, pay a fee into Denver's affordable housing fund. The fee for redT is $45,000 on two duplexes.
Read at www.housingwire.com
[
|
]