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Senate approves bill strengthening mobile‑home park residents’ right to purchase
Summary
House Bill 12‑24 was adopted after floor debate and failed amendments; the law extends timelines and disclosure requirements to help mobile‑home park residents organize and compete to buy parks, with sponsors saying the measure preserves affordable housing.
The Colorado Senate on May 5 adopted House Bill 12‑24, legislation aimed at improving the opportunity‑to‑purchase process for mobile‑home park residents.
Senator Roberts, a floor sponsor, said the bill strengthens disclosures, slightly extends timelines and protects residents’ ability to perform due diligence when a park is for sale so residents can compete equitably with more sophisticated buyers. "Residents should be competing in a fair market, not a manipulated one," Roberts said.
Supporters cited examples from across the state where resident ownership kept affordable housing stable; Senator Gonzales described recent outreach with residents in Glenwood Springs who faced repeated rent increases after park sales. Opponents and some members raised operational and administrative concerns about invoice thresholds and fee‑splitting; several floor amendments that would raise documentation thresholds or change how registration fees are split were offered and rejected.
After debate the bill was adopted by voice vote on the floor. Sponsors said the measure does not change a park owner’s ability to receive fair market value but gives residents more information and time to organize and purchase when a sale occurs.
Next steps: the bill will be placed on the calendar for enrollment and transmittal. Sponsors said they will continue outreach to ensure residents and local governments understand the disclosure and timeline changes.
