December 5, 2018

Cortez may spur development with fee reductions

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CORTEZ — Cortez may reduce or waive certain fees — building permits and use taxes, for example — to spur housing development in selected parts of town.

The Cortez Journal reported that the Cortez Planning and Building Department is considering the idea, which is called the 2019 Cortez Home Affordability and Mitigation Program. The program mimics a successful plan used in 2008 during the recession to spur development.

Nothing is set in concrete yet; the building department first will meet with local developers before presenting a plan to the city council.

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CORTEZ — Cortez may reduce or waive certain fees — building permits and use taxes, for example — to spur housing development in selected parts of town.

The Cortez Journal reported that the Cortez Planning and Building Department is considering the idea, which is called the 2019 Cortez Home Affordability and Mitigation Program. The program mimics a successful plan used in 2008 during the recession to spur development.

Nothing is set in concrete yet; the building department first will meet with local developers before presenting a plan to the city council.

 

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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