CAP Management

A few snapshots of our HOA Compliance Guide to Denver's recycling and compositing ordinance, hosted at the Alliance Center Downtown.

Many HOAs are looking to understand how to comply with this new, consequential ordinance, known as "Waste no More." We were excited to host this informative event, allowing board members to connect with industry experts and representatives from the City. Our valued partner presenters included Scraps, Summit Waste & Recycling, Waste Management, Waste Solutions, and Apex Waste Solutions. Thank you again to everyone who made this important leaning session possible! To any HOA residents looking to learn more, you can reach us via our website: https://lnkd.in/gTnnKgmg

In case you missed it, you can view the full presentation here: https://lnkd.in/guKTHmNa

Our very own Aaron Monaco has drafted a thoughtful and comprehensive piece regarding a consequential, imperfect law affecting the operation and funding of HOAs statewide. We encourage anyone living in an HOA or associated with the industry to give it a read, and follow CLAC's important work lobbying on behalf of HOAs, and thereby homeowners, in our state!

HB22-1137 Impact on HOA Management in Colorado | Colorado Legislative Action Committee (CAI CLAC) posted on the topic | LinkedIn The Long-Term Impact of HB22-1137 of HOA Management in Colorado The passing of HB22-1137 harkened a new age in HOA community management in Colorado and was met with widespread concern. Managers, attorneys, and boards have learned to adapt to the restrictions that were created by this legislation, an...

*Reminder*

CAP is hosting another "Board Member Boot Camp" this coming Monday, October 20th! There is still time to reserve a spot for this free, hybrid event.

The boot camp is for any board members with questions about the industry, their property, legal and insurance, Roberts Rules, and more. This edition will have particular focus on annual meetings, high-rise management, the insurance landscape, and association policies. We'd love to see you there, virtually or in-person!

Register and learn more: https://tinyurl.com/yfkjmks9

CAP is excited to welcome the Lofts at Central Park to our portfolio!

This 37-home mid-rise community abuts a lovely oval-shaped park, with fine restaurants and shops around it. The park also hosts a picturesque summer concert series.

This community came to us needing help considering how to address deferred maintenance with a clear and thoughtful approach - focusing on smart financial planning and minimizes the financial impact on owners while allowing the HOA to get to work. The community is also part of a (much) larger "master" HOA, with 7,000 total homes. We think this is an especially cool example of urban living in Central Park and a place that many of our staff have said they'd be excited to call home!

Attention Small HOAs under 25,000 Square Feet: This year marks the first in which smaller buildings must begin to comply with Energize Denver.

While overall requirements are less rigorous compared to larger properties, small buildings do need to take action to avoid fines: at minimum reporting to city regarding your energy usages. CAP's responsibility is to help all our clients avoid penalties for non-compliance via the most sensible routes possible for each HOA.

The good news is, your HOA may be on its way to compliance. Some example of ways to comply include:

- LED lighting: ensure 90% of energy consumed by lights are provided by LEDs (including in-unit bulbs)
- Renewable energy: 20% of total building electricity is offset by renewables like solar or wind.
- 15% energy reduction: The building implements a project that reduces building energy use by at least 15%.
- For HOAs specifically: 100% of common area electricity is offset by renewables AND 100% of common space lighting is LED and motion-sensored (where allowed by Fire Code)

The exact deadline for compliance depends on your specific property square footage. Buildings 15k - 25k must comply by December 31st this year. However 10k - 15k have until December 2026, and the smallest, 5k - 10k, have until the end of 2027.

This is a lot to make sense of, and compliance is not entirely straightforward: each HOA is going to make its own unique choices.

We're here to help. If your community is in need of guidance around this ordinance, please contact us! We'd be happy to assist.