Any homeowners who pay their property taxes late normally must pay interest for each month they’re past due. But that was before the whole pandemic thing.
The Denver City Council on Monday took advantage of a new state law that lets cities and towns waive those interest payments. Legislators voted 11-0 in favor of the measure, with council members Debbie Ortega and Jolon Clark absent.
Tardy city homeowners don’t have to worry about any late fees that would’ve otherwise begun accruing July 1. The relief lasts until October 1 but can be extended with another vote.
Council members made the move to help residents through the economic storm caused by COVID-19.