CEDP May Newsletter
Community Economic Defense Project
CEDP May NewsletterDisappointing Legislative News, Upcoming Virtual Events With Aurora Public Library, June Community Events, and more!
As May comes to a close and we gear up for June, we want to share some of the things happening across CEDP! If you’re short on time, here are a few of the highlights:
Governor Polis Vetoed HB25-1004, and the Work to Make Housing More Affordable for Coloradans ContinuesOn May 29th, Colorado Governor Jared Polis vetoed HB25-1004, the nation’s first-of-its-kind legislation that has passed a state legislature banning large corporate landlords from using algorithmic price-fixing in the rental market. This groundbreaking bill would have been a significant step towards addressing Colorado's housing affordability crisis and protecting renters, and we’re disappointed in this outcome. What HB25-1004 would have done is simple: it says that big landlords can’t team up with big tech to set prices and avoid competing with each other. When landlords use algorithms to cheat, rent goes up. A White House Council of Economic Advisors report shows that price collusion costs Denver renters more than $1600 a year in additional rent. This legislation would have put those dollars back where they belong: in the pockets of hardworking Colorado renters. The data shows that for every $100 increase in monthly rent, homelessness goes up by 9%. With rents increasing $136 per month in Denver due to algorithmic price-fixing tools, this means that homelessness may increase ~10% more than it would be if rent-setting algorithms were prohibited. Colorado is in the midst of a homelessness and housing crisis, and renters can’t afford to be nickel-and-dimed by Big Tech companies and corporate landlords. Coloradans deserve better. Big tech products that allow landlords to fix prices and avoid competition have no place in our state. They raise prices, drive evictions, and make people homeless, which means our work here is far from over. As we reflect on our mission to keep people housed and fight against systems of economic injustice, this veto means that our work is far from over. We will keep pushing for policies that protect the people who make Colorado strong — the renters, workers, families, and young people who hold up our communities — because a just housing system should serve everyone, not just the wealthy and powerful.
Virtual Know Your Rights Sessions With Aurora Public LibraryStarting in June, our CED Law team will host virtual know your rights events with Aurora Public Library! These events are a great way to learn more about rental basics, fair housing, and discrimination. Visit the Aurora Public Library website to register, and see below for the full list of events:
CED Law Attended the Colorado Women’s Bar Association ConventionThis month, Haley, Camille, and Rebecca from our law firm, CED Law, attended the Annual Colorado Women’s Bar Association Convention in Vail! Camille led a roundtable discussion called “Cultivating Resilience and Community as a Young Lawyer,” and everyone had a wonderful time. Check out some pictures from the event below:
We’re HiringWe’re hiring for several positions and would love to hear from you if you’re interested! Check out our website for more information. Open positions include:
Upcoming Community EventsAspen Mobile Home Community Resource FairWhen: May 31st at 12 p.m. MDT Property Tax Relief Event With HOSTWhen: June 3rd from 9 a.m. - 1 p.m. MDT Know Your Rights Presentation at Centro San Juan DiegoWhen: June 4th at 4:30 p.m. MDT Rental Basics: Move-in Best Practices (Aurora Public Library Event)When: June 5th at 5 p.m. MDT Inside Out Youth Services PrideWhen: June 7th at 2 p.m. MDT EC3 Monthly Legal ClinicWhen: June 18th at 6 p.m. MDT Unity in Community Resource FairWhen: June 25th from 1 p.m. - 4 p.m. MDT Rental Basics: Illegal Lease Terms & Tenant Responsibilities (Aurora Public Library Event)When: June 26th at 5 p.m. MDT
CEDP in the NewsNumerous news outlets covered Governor Polis’ veto of HB25-1004 and included quotes from CEDP. Here are some of the stories:
CEDP’s Sam Gilman was quoted in a 9News story about the potential consequences of federal budget cuts on Colorado renters. CEDP’s Zach Neumann was featured in a Denver7 story about HB25-1004’s passage through both chambers of the Colorado General Assembly. Two news outlets covered our press conference at our Denver office, urging Governor Polis to sign HB25-1004. Check out a story from Fox31 and an article in Westword.
Get HelpThe Community Economic Defense Project provides rental assistance, legal assistance/representation, and resource navigation for clients facing eviction, housing insecurity, and other types of economic hardship. If you need assistance, please visit our website to get help.
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