The Department of Excise and License says it’s issued 820 licenses for multi-family homes but they estimate there are 25,000 multi-family properties. Currently, there are 220 applications pending.
Starting in January, every multi-family residential rental property in Denver will require a city license to operate, but about three weeks before that deadline, the city said it granted less than 1,000 of those multi-family property licenses.
Denver’s City Council passed a new ordinance in 2021 creating the residential rental property license program.
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Title: Latest Headlines | Less Than 4% of Rental Property Owners in Denver Are In Compliance
Sourced From: www.youtube.com/watch?v=TjTkTjzpOIY
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