'The governor has sided with the interests of private equity, hedge funds, and their powerful corporate lobbyists over and against the affordability concerns of people in our state,' said EmilyForCO and other lead sponsors of the legislation.
the proposal, but Polis rejected the effort to expand the supply of affordable shelter in a state hard-hit by the nationwide housing crisis.
Left unsaid by Polis was that his veto was sought by a coalition of powerful business groups, including Colorado Concern, the Colorado Real Estate Alliance, the Colorado Bankers Association, and the Land Title Association of Colorado. Those organizations asked the governor to kill the legislation, and he did, aligning himself with moneyed interests over affordable housing advocates and members of his party.
"The governor has sided with the interests of private equity, hedge funds, and their powerful corporate lobbyists over and against the affordability concerns of people in our state," the sponsors said."It should be alarming to all of us that the governor has failed to usher these proven affordability measures across the finish line."
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