The Housing & Building Association of Colorado Springs Approves an Extension of its assessment program to the Regional Business Alliance through 2016

HBA logo - blue - vertical - smallHBA Renews its commitment to the Colorado Springs Regional Business Alliance

 

On Wednesday, November 19th, the Housing & Building Association of Colorado Springs (HBA) convened a special meeting of its builder members to discuss the renewal of the builder assessment program to the Regional Business Alliance (formerly the Economic Development Corporation).

The assessment program was instituted many years ago by the HBA to support the EDC’s jobs mission.  Through the assessment program, HBA builder members pay an additional fee to the Regional Business Alliance through their building permits.  These fees are collected by HBA and then passed to the Regional Business Alliance as part of their budget.

HBA began supporting the formerly created economic development corporation due to its mission of creating primary jobs for the City and the region.  From time-to-time HBA holds special meetings of its builder members to discuss the program’s continuation in relation to the original mission of the EDC.

After the November 19th meeting, HBA voted to continue its Regional Business Alliance Assessment at the present level for twenty-four months.  In 2012, following the merger of the Chamber of Commerce and the Economic Development Corporation, HBA had instituted an annual review process; this vote returns our support to a multi-year commitment”.

“We are very optimistic about the future of Colorado Springs, and believe the Colorado Springs Regional Business Alliance is building the momentum to increase our local economic activity and build new jobs for Colorado Springs and our region.  During the presentations, it was clear the Regional Business Alliance has built a very qualified team of experts in their fields.  We support their work, and were impressed with their future plans and discussions with potential employers.  We all want to achieve success for our community and we want this two-year extension to be a strong show of support for the importance of our shared economic development mission,” said Mike Ruebenson, with La Plata Communities, and the newly installed 2015 HBA President.

As we have in the past, HBA will continue meeting regularly with the leadership team from the Regional Business Alliance to be updated on their strategic and measureable outcomes to create new primary jobs in the Colorado Springs metropolitan area and work with our elected leaders to build a stronger Colorado Springs with better jobs for our current and future citizens,” added Mike Ruebenson.

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