The City of Boulder has issued an emergency order allowing for people to rent their homes without a rental license, provided they contact the city and provide an affidavit of exemption certifying that the property will be used to house victims of the Marshall file.  A property inspection is also required, however, compliance with “dark sky” and “smart regs” are not required under this exemption.   This exemption is not available for those that have a current license.  To see the order click here:  https://bouldercolorado.gov/media/6907/download?inline  or contact the rental licensing office at the city of Boulder.  City Press Release Below: City issues emergency order to allow exemptions to rental licensing requirements to increase available housing for people displaced due to fires and winds  BOULDER, Colo. – On Jan. 13 the City of Boulder issued an Emergency Order to allow the availability of additional housing units to mitigate the effects of the damage caused by the Marshall Fire, Middle Fork Fire and hurricane-force winds experienced on Dec. 30, 2021. The order is in addition to the extension of the emergency declaration issued by the city manager on Jan. 2 until further notice. The city is committed to helping the community through these tragic events by helping to make additional housing available to those suffering from the recent disaster. The order will temporarily allow modifications to the city’s rental licensing requirements to address the emergency disaster situation. Under the order, exemptions from rental licensing requirements may be granted to help alleviate the shortage of available housing for displaced people whose homes were damaged or destroyed by the fires or winds. This order is necessary to prevent displacement or possible homelessness due to the disaster emergency and will exempt new rental properties used to house those impacted by the disaster situation from some rental licensing requirements that have applied between Jan. 13 and Feb. 28. The exemption will be in effect through March 15, 2025. Learn more about rental housing licensing here. For information on how to help neighboring communities in need and view assistance currently available for those impacted by the Marshall Fire, please visit Boulder County’s website.

The City of Boulder published the interest rate for 2022 tenant security deposits.  It is set at 0.06%, effective Jan. 1, 2022.   This is the mathematical average of the one-year certificate of deposit from the top three financial institutions in Boulder, based on market share data as of Dec. 9, 2021. The tenant security deposit interest rate is recalculated each year in accordance with Ordinance 7320, which was adopted on Feb. 17, 2004. Relevant code language may be found in Chapter 12-2: Landlord-Tenant Relations of the Boulder Revised Code (sections 12-2-2 and 12-2-4 through 12-2-7).  The rate is the average of the one-year certificate of deposit from the top three financial institutions in Boulder, based on market share data as of Dec. 15, 2018. The computation formula of the interest due for residential security deposits in the City of Boulder is:  Multiply the entire amount of the security deposit by the appropriate multiplier for that year, divide that number by 12 to obtain a monthly percentage amount due, and then multiply that monthly number by the number of months the deposit was in the landlord’s possession, including the 30 or 60 days after the end of the lease. The rate in effect at lease signing is in effect for that lease period, until termination or renewal for another period.  Month to month leases are considered renewed each month, so the interest rate due will change on the first of every calendar year for month to month leases.