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Affordable Housing Office Space

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

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: July 2024

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - S.F.’s Stonestown to become west side’s largest residential development in 50 years (SF Chronicle): The plan to convert the Stonestown...more

Allen Matkins

Sustainable Development and Land Use Update 7.26.24

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San Diego made ambitious changes this Tuesday to the city’s blueprint for future growth to help prepare the city for climate change, speed up revisions to neighborhood zoning plans, and try to reverse racial segregation....more

Cozen O'Connor

Cozen Cities - July 17, 2024

Cozen O'Connor on

Los Angeles Unified School District (LAUSD) Superintendent Alberto Carvalho said he is moving forward with an education platform driven by artificial intelligence (AI) designed to help students and families navigate the...more

Venable LLP

District of Columbia Establishes New Tax Incentives for Office Repositioning in Downtown

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On June 25, 2024, the D.C. Council passed the Downtown Activation Conversion Program Amendment Act of 2024, in a strategic effort to revitalize the downtown area—including portions of Dupont Circle, West End, Foggy Bottom,...more

Allen Matkins

Recently Effective & Pending State Housing Laws - 2024 Land Use, Environmental & Natural Resources Update

Allen Matkins on

Various state housing bills are currently making their way through the State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the legislation...more

Allen Matkins

Sustainable Development and Land Use Update - 5.16.24

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Assembly Bill (AB) 3068 (Haney, Quirk-Silva, and Wicks) would provide for the streamlined ministerial (i.e., no CEQA) approval of qualifying adaptive reuse projects involving the conversion of an existing building to...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 2 of 4)

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New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Cozen O'Connor

New York City Releases Proposed Text for City of Yes for Housing Opportunity

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On April 11, 2024, the New York City Department of City Planning (DCP) released the draft zoning text for the City of Yes for Housing Opportunity proposal, the third of the Adams administration’s City of Yes zoning...more

Cozen O'Connor

Cozen Cities - April 10, 2024

Cozen O'Connor on

CHICAGO — Gov. JB Pritzker Announces Plan to Make Chicago Quantum Technology Capital- Illinois Governor JB Pritzker announced a plan to make Chicago a quantum technology capital at M-Hub, a business incubator on Chicago’s...more

Cozen O'Connor

Deal for Wizards and Capitals is a Major Win for Downtown D.C.

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Last week, downtown D.C. received another huge boost when it was announced that Mayor Bowser and Monumental Sports entered into a non-binding agreement that will keep the Washington Wizards and Washington Capitals playing in...more

Allen Matkins

Sustainable Development and Land Use Update 4.04.24

Allen Matkins on

Two bills proposed to modify the Builder’s Remedy are currently making their way through the State Legislature. As currently proposed, AB 1893 (Wicks) would (i) reduce the required percentage of (lower income) affordable...more

Allen Matkins

Pending AB 2011 Amendments Hold Promise For Housing Developers

Allen Matkins on

On March 19, 2024, Assemblymember Buffy Wicks introduced new amendments to pending Assembly Bill (AB) 2243, which would amend AB 2011 (operative as of July 1, 2023). As explained in our prior legal alert, AB 2011 provides for...more

Allen Matkins

Sustainable Development and Land Use Update 3.06.24

Allen Matkins on

Senate Bill (SB) 1227, introduced by Senator Scott Wiener on February 15, 2024, would help speed the recovery of downtown San Francisco by creating a new CEQA exemption for qualifying commercial, institutional, student...more

Ballard Spahr LLP

Greetings from CREFC Miami

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The Ballard Spahr Team was thrilled to be here in Miami at the CREFC Conference and we wanted to share some day one takeaways with our clients and friends....more

Seyfarth Shaw LLP

White House Implements Plans to Facilitate Office-to-Residential Conversions

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Seyfarth Synopsis: With the cooperation of federal agencies such as the Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT), the White House has established plans to use grants and...more

Allen Matkins

Sustainable Development and Land Use Update 12.04.23

Allen Matkins on

The Berkeley City Council opened the door to high-rise apartment buildings in the Southside neighborhood by signing off on new zoning regulations that could allow for thousands more homes at UC Berkeley’s doorstep....more

Allen Matkins

Sustainable Development and Land Use Update 11.09.23

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The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions....more

Allen Matkins

Sustainable Development and Land Use Update 10.27.23

Allen Matkins on

After more than two years of resistance, the city of Coronado, a wealthy island city in San Diego County, has agreed to follow state housing law by setting aside more land for development, Governor Gavin Newsom and Attorney...more

Allen Matkins

Critical State Housing Laws Approved by Governor Newsom

Allen Matkins on

Governor Newsom recently approved multiple state housing bills passed by the State Assembly and Senate. The following is a summary of a few of the key bills that are expected to benefit multi-family, mixed-income housing...more

Allen Matkins

Sustainable Development and Land Use Update 10.02.23

Allen Matkins on

The much-discussed push to revive downtown San Francisco by converting empty office buildings to housing is starting to gather momentum. Eight office building owners have responded to the city’s “request for information”...more

Davies Ward Phillips & Vineberg LLP

New GST Rebate for Purpose-Built Rental Property

As an incentive to builders to create more rental housing units, the federal government has announced the effective elimination of the goods and services tax (GST) payable on newly constructed rental housing, such as...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (09/06/23) – Nonprofit Helping Marginalized Groups, Life Sciences Taking over Office...

In our latest roundup, Walmart adds their own generative AI, major airlines reduce their capacity at regional airports, autoworkers prepare for a strike as negotiations continue, and more!...more

Cozen O'Connor

New York Note – Traffic Mobility Review Board, City of Yes, Outdoor Dining

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Traffic Mobility Review Board- The Traffic Mobility Review Board held their second meeting last Thursday. They discussed a variety of possible exemptions, including “cross credits” for drivers who paid bridge or tunnel...more

Cozen O'Connor

Adams Administration Announces Three New Initiatives to Spur Office-to-Residential Conversions

Cozen O'Connor on

On August 17, 2023, Mayor Eric Adams and Chair of the New York City Planning Commission Dan Garodnick announced three initiatives to assist in creating much-needed housing. The proposals focus on easing the process for...more

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