When a property fails a REAC Inspection, the property owners and managers often take it personally. It can feel like a gut punch, and often the initial response is defensive. A defensive response is entirely normal; it’s even human. However, this response often gets property owners in... Continue Reading
Articles
Articles pertaining to operations in the Denver multifamily industry
At any given time, Low-Income Housing Tax Credit (LIHTC) properties all over the country are helping tens of thousands of households by providing decent, safe and sanitary affordable housing. A property can continue to do so if the responsible management professionals follow the basic rules of... Continue Reading
Affordable housing has been one of the hottest political topics in Colorado during the last decade. At the root of the issue has been massive population growth (particularly between 2013 and 2017) with lagging production of new housing units. The economic upheaval caused by virus related business... Continue Reading
The cost of housing has increased dramatically in Colorado. The average cost of buying a house has gone up 49% in the last 5 years (10% per year). The average rent rate has increased 18% over that same period of time (3.6% per year). Perhaps because many people own houses, the increased cost of... Continue Reading
The Director of the Centers for Disease Control and Prevention (CDC) had imposed a nationwide moratorium on evictions of any tenants who make certain declarations of financial need. The U.S. District Court for the District of Columbia has issued an Order overturning the CDC eviction order on the... Continue Reading
The Centers for Disease Control (CDC) forced the United States Supreme Court to legally slap the agency (and the Biden Administration) exceptionally hard in Alabama Association of Realtors, et al. v. Department of Health and Human Services. The Court had performed legal backflips to allow the CDC... Continue Reading
In a million years would we have ever imagined living through the last 18 months? A global pandemic touching and impacting every area of our lives; where we work, live, how we shop, how we dine out, nothing left untouched. We stretched in ways we could have never imagined. And so here we are -... Continue Reading
The order applies to counties with high COVID-19 cases. While the Order is "new," it is essentially an extension of the previous CDC Order that has been in place since September 2020. Continue Reading
The following companies have maintained theirMembership to AAMD for consecutive years and we want to recognize and congratulate them! This year, there are 130 members celebrating a membership milestone, with 37 of them being members for more than 35 years! Click here to see the full spread of... Continue Reading
Through the Apartments Giving Back campaign, AAMD honored each of the 2020-2021 Leadership team members by making a special donation in their name to the non-profit organization of their choice. Below are the organizations chosen by our leadership team: Danette Barrett: Go-Humanitarian Teri... Continue Reading
“An individual has not started living until he can rise above the narrow confines of his individualistic concerns to the broader concerns of all humanity.” – Martin Luther King Jr. Earlier this year, AAMD launched a new initiative and committee committed to inclusion and... Continue Reading
There Were Many Milestones Despite Pandemic Who would have thought back in June of 2020 that nearly the entire last 12 months would have been spent on Zoom? Taking that into consideration and looking back at what we accomplished over this last year,it is truly remarkable. To say it has been a... Continue Reading