News & Analysis as of

Affordable Housing Urban Planning & Development

Harris Beach PLLC

Proposal to Remove Bond Cap Could Aid Affordable Housing Developers

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The U.S. Congress is currently considering the “Accelerated Supply of Affordable Production [ASAP] Housing Act” (the “Act”), legislation to address the nationwide affordable housing shortage and surrounding real estate...more

Hogan Lovells

Die geplante Novelle des BauGB mit Fokus auf § 246e BauGB, dem „Bau-Turbo“

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Die von der Bundesregierung im Jahr 2021 geplante Novelle des Baugesetzbuches (BauGB) zur Förderung von Investitionen, Beschleunigung von Verfahren und Begrenzung von Baukosten hat große Erwartungen geschürt. Vor allem der...more

BCLP

Hong Kong SAR Policy Address 2024: Foster Progress in Housing, Attracting Talent, Enhancing Culture, Tourism and Education

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The Policy Address 2024 of Hong Kong was delivered by the Chief Executive on 16 October 2024 (the “Policy Address”). Among a series of reforms aimed at rejuvenating the city’s economy and enhancing residents’ livelihood, the...more

Bilzin Sumberg

Leveraging Public Land to House Government Employees

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Leveraging Public Land to House Government Employees - I previously wrote about the use of government-owned land as one potential approach to help address South Florida’s housing affordability crisis. The lack of...more

Cole Schotz

City of Yes Proposal Offers Increased Housing Development Opportunities

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For over a year now, the City of Yes (“CoY”) zoning update, which aims to bring back more flexibility and density in development across the City, has been a hot topic of conversation in the New York City development sphere....more

Sheppard Mullin Richter & Hampton LLP

A Deep Dive into AB 98’s Restrictions on the Logistics Industry: What the Bill Does and Does Not Do

Despite strenuous opposition from both the state’s real estate and business communities, near the end of the 2024 Legislative cycle, California Governor Gavin Newsom signed into law Assembly Bill 98 (“AB 98”) – a bill that,...more

Clark Hill PLC

Chicago’s So-Called “Anti-Gentrification” Ordinance Has Potential Impacts on Apartment Owners and Lenders on Chicago’s Northwest...

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Chicago enacted the “Northwest Side Housing Preservation Ordinance,” an ordinance that many are referring to as the “anti-gentrification” ordinance. Despite the grandiose moniker, the ordinance breaks down to two specific...more

Hogan Lovells

US: City of Yes for Housing Opportunity (October 2024 update)

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We have previously written about proposed changes to zoning regulations in New York City that are intended to spur the production of affordable housing; these changes are officially known as the "City of Yes for Housing...more

Katten Muchin Rosenman LLP

Chicago City Council Authorizes Housing Department Loan Restructurings

On September 19, the Chicago City Council amended the city's municipal code to give the housing commissioner new wide-ranging authority to restructure affordable housing loans and grants. The commissioner is now empowered to:...more

Robinson & Cole LLP

Legal Update: Effective October 1: New Laws Benefit CT Affordable Housing Market

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This past legislative session brought a suite of changes to Connecticut’s laws that benefit the development and rehabilitation of affordable housing throughout the State. Several of these changes, set out in Public Act No....more

Best Best & Krieger LLP

AB 2243: Significant Expansion of SB 6 & AB 2011

The Governor has signed Assembly Bill 2243, which makes it easier for developers to build housing and constrains local review of housing proposals. AB 2243 amends certain provisions of both Senate Bill 6, also known as the...more

Otten Johnson Robinson Neff + Ragonetti PC

Explaining the New Governmental ROFR and ROFO in Colorado Applicable to Select Multifamily Properties

As of August 7, 2024, owners of for-rent affordable housing properties in Colorado consisting of five units or more and owners of for-rent market-rate multifamily properties in Colorado consisting of between 15 and 100 units...more

Hogan Lovells

Reimagining Real Estate: Repurposing in the U.S.

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We consider how legislative reform, tax incentives, relaxing zoning restrictions and repurposing to mixed use are all being deployed. Affordable housing in the U.S. - how do we solve the problem? In the United States,...more

Brownstein Hyatt Farber Schreck

Another Year, Another Full Slate of Housing Bills in California

On Thursday, Sept. 19, Gov. Newsom signed a package of housing bills designed to address the housing crisis affecting California. Below is a brief summary of key bills....more

Allen Matkins

Governor Newsom Approves Key Housing Bill: AB 2243

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On September 19, 2024, Governor Gavin Newsom approved Assembly Bill (AB) 2243 (Wicks), which amends AB 2011 (Affordable Housing and High Road Jobs Act of 2022), effective January 1, 2025. As explained in our prior legal...more

Coblentz Patch Duffy & Bass

2024 Housing Legislation Overview: Major Pending Bills on the Governor’s Desk

During the 2024 California Legislative Session, which closed on August 31, the State Legislature again passed many bills seeking to ease the state’s housing crisis. This post focuses on key housing-related bills that are, at...more

Robinson+Cole Construction Law Zone

Massachusetts Affordable Homes Act Provides New Opportunities for Owners, Developers, and Contractors

On August 6, 2024, Massachusetts Governor Maura Healey signed the Affordable Homes Act (the Act) into law. The Act aims to counter the rising cost of housing in the commonwealth by implementing new policies and providing...more

Ballard Spahr LLP

Innovative Zoning Strategies: Addressing Affordable Housing Shortages

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The American Southwest is experiencing a notable shift in its approach to addressing affordable housing shortages. California, Nevada, and Arizona are exploring and debating various zoning relief measures to incentivize...more

Allen Matkins

Sustainable Development and Land Use Update - 8.29.24

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Governor Gavin Newsom on Tuesday signed two new bills that aim to boost housing supply and further address the state’s homelessness crisis....more

Lowndes

Office of the Attorney General Releases Informal Opinion Shedding Light on the Meaning of “Mixed Use” Zoning Districts Under Live...

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The Live Local Act (Act), originally passed on March 29, 2023, was modified by SB328 on May 16, 2024. While the Act has been heralded as a solution to Florida’s affordable housing shortage, it has faced roadblocks since its...more

Nutter McClennen & Fish LLP

Changes to 40B and Affordable Housing Preferences for Veterans: What You Need to Know About the 2024 Massachusetts Affordable...

The new Affordable Homes Act revised Section 22 of Chapter 40B, part of the comprehensive permit law, to require the Housing Appeals Committee to notify the Secretary of the Executive Office of Housing and Livable Communities...more

Nutter McClennen & Fish LLP

2024 Massachusetts Affordable Housing Bill Makes Notable Improvements to G.L. c. 185 Governing Registered Land: What You Need to...

The Massachusetts Affordable Homes Act (H. 4977), signed into law on August 6, 2024, makes several revisions to G.L. c. 185 that will streamline the processes for deregistration and correcting minor mistakes on certificates...more

Nutter McClennen & Fish LLP

2024 Massachusetts Affordable Housing Bill Includes Provisions Intended to Promote Residential Housing Construction: What You Need...

The Massachusetts Affordable Homes Act (H. 4977), signed into law on August 6, 2024, includes provisions intended to promote residential housing construction. These provisions: (1) require municipalities to permit accessory...more

Allen Matkins

Sustainable Development and Land Use Update 8.12.24

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On June 27, 2024, the California First District Court of Appeal affirmed the denial of a writ petition challenging the City of Lafayette’s determination that a 12-unit residential condominium building qualified for the Class...more

Goulston & Storrs PC

City of Boston Office to Residential Conversion Program Extension

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In June, Mayor Wu announced the extension of the City of Boston's Office to Residential Conversion Program with $15 million in additional funding from the state. The program, which formally launched in October of 2023, aims...more

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