Metro district bill would protect homeowners | OPINION
Have you ever driven past signs for new communities offering “homes starting in the low $400s,” with planned amenities like parks and recreation centers, and asked yourself how such opportunities are possible in this housing market? In all likelihood, the planned master communities are within a locally approved metro district.
For many Colorado families, metro districts have become one of the most important ways to lower the barriers to homeownership while not compromising on the amenities people desire and the public infrastructure they need. Although metro districts are a commonly used financing tool — there are more than 2,300 metro districts across the state — they’re not well understood, even by residents living within them. And not all metro districts are created equal.