News & Analysis as of

Affordable Housing Housing Developers Residential Real Estate Market

Brownstein Hyatt Farber Schreck

Colorado Enacts Local Right of First Refusal Housing Policy

Legislature Gives Local Governments Right of First Refusal on Affordable Housing and Right of First Offer on Certain Market Rate Multifamily Properties - On the final day of the legislative session, the state legislature...more

BCLP

Hong Kong 2024-25 Budget - Real Estate Sector Highlights, Green Initiatives and Other Updates

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On 28 February 2024, Paul Chan, the Financial Secretary of Hong Kong, delivered the 2024-25 Budget (the “Budget”). Starting off by acknowledging the “challenging external environment” including “heightened geopolitical...more

Bricker Graydon LLP

[Webinar] Cost of Housing & Lack of Inventory – Ohio’s Next Big Economic Challenge: Presented in Partnership with the OEDA -...

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Whether you are in a metro area or a rural community, Ohio’s housing needs are great. If your economic development efforts do not include a plan for how to retain and attract talent through housing inventory and options,...more

Miller Nash LLP

Vancouver Seeks to Expand Affordable Housing Opportunities

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The Vancouver area has grown rapidly in the past decade and this growth has increased the demand for housing, however the supply is struggling to keep up. This in turn has led to higher rents and higher home prices, leaving a...more

McNees Wallace & Nurick LLC

Is Part of the Solution to the Housing Problem Already Built?

The affordability of housing in America is a well-documented growing issue. Some public officials have declared it a crisis. The recent spike in mortgage rates certainly will not improve the situation. Public officials and...more

McGuireWoods LLP

Five Things Affordable Housing Developers Need to Know About the American Rescue Plan Act

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COVID-19 has highlighted the need for additional affordable housing for households and communities struggling with long-term housing security. In March 2021, President Joe Biden signed the American Rescue Plan Act (ARPA) into...more

Stoel Rives LLP

New Bill Exempts Real Estate Excise Tax for Real Property Sales or Transfers for Affordable Housing

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The Washington legislature recently passed a bill expanding affordable housing tax exemptions. HB 1643 was signed into law by Governor Inslee on March 30, 2022 and will exempt from the real estate excise tax a sale or...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up - April 2022 #1

A growing proptech startup aims to preemptively identify needed home repairs, 3D-printed homes could become a workable solution to the housing shortage, and more....more

Allen Matkins

Top 7 Takeaways from the Allen Matkins 2022 Real Estate Development Law Update

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The economy is strong and growing — perhaps too quickly as the labor market remains tight. A surprising number of people are choosing to stay out of the labor market, for now, contributing to the supply chain disruptions...more

Barnea Jaffa Lande & Co.

Much More than 66% – Must-Know Changes in the Urban Renewal Field

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After years of expectations, the government has approved the legislative amendments needed to promote “Urban Renewal” projects in Israel. While everyone is talking about the amendment lowering the threshold of consent for...more

Bricker Graydon LLP

Other people's money: Certain use of federal stimulus cash by land banks “presumed” eligible

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During the past decade, county land banks ramped up operations across Ohio largely employing one-time cash. The Hardest Hit Fund (HHF), sourced from Ohio’s share of mortgage industry settlement payments related to the Great...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Accessory Dwelling Units- An up-and-coming, yet well-known, housing option

What do grandmothers, hip college kids, pandemic work-from home professionals, and history buffs have in common? A love of accessory dwelling units (“ADUs”)! Commonly called granny flats, garage apartments, or carriage...more

Allen Matkins

Sustainable Development and Land Use Update - February 2020

Allen Matkins on

‘All-electric’ movement picks up speed, catching some off guard - When Berkeley became the first city in the country to ban natural gas hookups in new construction last July, no one knew the effects would ripple out so...more

Holland & Knight LLP

California's 2020 Housing Laws: What You Need to Know

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As California's housing supply and homelessness crisis continues, the State Legislature has for the past several years passed numerous pieces of housing legislation in each legislative session. This year was no exception,...more

Kramer Levin Naftalis & Frankel LLP

Conforming the 421-a and MIH Programs

Many of our clients have asked us how they can avail themselves of the state’s revamped 421-a tax exemption program — the Affordable New York Housing Program — on a project that is also subject to the city’s Mandatory...more

Bilzin Sumberg

Las microunidades de Miami son la solución para la asequibilidad del inquilino y la rentabilidad del urbanizador

Bilzin Sumberg on

Las ciudades de los Estados Unidos enfrentan una crisis de asequibilidad y no es distinto lo que sucede con las viviendas en Miami. ...more

Miles & Stockbridge P.C.

Micro Units: The Latest Trend in High Density Housing

In my previous article “The Tiny House Craze: Zoning Laws Could Be a Tiny Impediment” I discussed the popular new “tiny house” trend in residential housing options. Along with the “tiny house” craze, another new and growing...more

Fox Rothschild LLP

Proposed Mandatory Inclusionary Zoning In Philadelphia

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In June of this year, Councilwoman Maria Quinones-Sanchez of Philadelphia’s City Council introduced Ordinance No. 170678 to require all new and renovated residential development projects in the City of over 10 units to...more

McCarter & English, LLP

Newark Residential Developers: New Affordable Housing Requirement May Cost You

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Developers of new residential projects in Newark may need to factor in affordable housing following the Newark City Council’s recent adoption of a zoning ordinance requiring most future residential development projects...more

Farella Braun + Martel LLP

What You Need to Know About San Francisco’s Inclusionary Affordable Housing Program

On July 11, 2017, the San Francisco Board of Supervisors finally voted to adopt sweeping (and complex) changes to the City’s Inclusionary Affordable Housing program.....more

Holland & Knight LLP

West Coast Real Estate Update: November 2016 #3

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Owners, Developers Face Challenges Converting Parking to E-Commerce Delivery Space - Because millennials make up an increasing number of urban residents, owners and developers of apartment and condominium buildings are...more

Best Best & Krieger LLP

California Coastal Act Takes Priority Over Housing Density Laws

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Court Decision Provides Guidance for Affordable Housing Units within the Coastal Zone - The Second District Court of Appeal recently held that local agencies may be required to grant affordable housing density bonuses...more

Ballard Spahr LLP

HUD Issues Year-End Closing Deadlines for Mixed-Finance Deals

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The U.S. Department of Housing and Urban Development (HUD) recently issued a memo outlining its processing schedule for mixed-finance projects targeted to close by the end of 2016. According to HUD’s Office of Public Housing...more

Burr & Forman

What Does Mayor Barry’s New Affordable Housing Initiative Mean For You?

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Nashville Mayor Megan Barry recently proposed a new incentive program for developers to offer affordable and workforce housing within existing and new construction.  The proposal may provide significant economic benefits to...more

Carlton Fields

Proposed Rule Changes to Florida’s Affordable Housing Allocation and Funding Process

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The Florida Housing Finance Corporation (“Florida Housing”) has proposed changes to its rules governing the affordable housing allocation and funding process. The changes are to Rule Chapters 67-21, 67-48, and 67-60, F.A.C....more

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