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House approves construction‑defect reforms and a voluntary multifamily incentive program to spur middle‑market housing
Summary
The House passed HB 12‑72 after committee amendments that removed a hard cap and created a voluntary Multifamily Construction Incentive Program. The program encourages builders to offer warranties and third‑party inspections for duplexes, triplexes and other attached units to reduce litigation and increase condo/multifamily production.
The Colorado House passed HB 12‑72 after adopting committee amendments designed to narrow the bill’s focus and encourage builders to voluntarily follow enhanced standards for middle‑market multifamily housing. Representative Besenacker (sponsor) and Representative Byrd (Transportation, Housing and Local Government Committee) described the package of amendments as negotiated changes intended to make it easier for middle‑market attached housing — duplexes, triplexes, quads and small multifamily projects — to be built.
Committ…
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