Skip to main content
Menu Icon
Close

InfoBytes Blog

Financial Services Law Insights and Observations

Colorado governor amends and extends executive order limiting evictions and foreclosures and provides unemployment relief for those impacted

State Issues Covid-19 Colorado Foreclosure Insurance Lending

State Issues

On April 30, Colorado Governor Jared Polis amended and extended a previous executive order that limited foreclosures, evictions, and cancellations of utility services as a result of nonpayment and provided an expedited lane for unemployment insurance claims for workers impacted by the Covid-19 crisis. The amendments to Polis’ initial order primarily deal with various aspects of foreclosure, eviction, tenant payment plans, and energy initiatives to assist low income Coloradans. Among other things, the amendments prohibit landlords and lenders from evicting tenants or from charging late fees or penalties for any breach of a lease or rental agreement due to nonpayment. The extension is valid for 30 days, unless extended further by subsequent executive order.