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Troutman Pepper

Troutman Pepper Weekly Consumer Financial Services Newsletter - November 2024 # 2

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Dechert LLP

2024 Election - Implications on Real Estate - Update

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With President-elect Trump announced as the winner of the 2024 election, the landscape of U.S. policy is poised for potential shifts that could significantly impact various sectors. Stakeholders in the real estate market are...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

Ballard Spahr LLP

Acting Comptroller Hsu Highlights Latest Efforts of OCC in Elevating Financial Fairness

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On April 4, acting Comptroller of the Currency Michael J. Hsu provided his remarks for the second year in a row at the Just Economy Conference hosted by the National Community Reinvestment Coalition. He focused his remarks on...more

K&L Gates LLP

BTR Series Part 5: Debt Funds Options—NHFIC and Alternatives

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Investment in build to rent (BTR) residential developments is being driven by community and government demand, tax and other government incentives, longer term returns and lower maintenance costs and incentives compared to...more

Husch Blackwell LLP

Texas Legislature Revises Law Governing Public Facility Corporations

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On June 18, 2023, HB 2071—the Texas legislature’s solution to perceived abuses of property tax incentives related to Public Facility Corporations (PFCs)—took effect. The law amends Local Government Code Chapter 303, which...more

Locke Lord LLP

‎2023 Changes to Texas Law: Property ‎Tax Exemption for Public Facility Corporations Owning ‎Affordable Housing

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The 88th Regular Session (2023) of the Texas Legislature approved HB 2071 (the “Bill”), substantially revising the way public facility corporations can be utilized to own and operate affordable housing. While some provisions...more

Holland & Knight LLP

California Court of Appeal Affirms Powerful Litigation Tool for Defending Housing

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One of the key problems contributing to California's housing crisis is that it is relatively easy for housing opponents to file litigation challenging housing approvals, and even a completely meritless lawsuit can cause years...more

Allen Matkins

PropTech Update - 3.28.23

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REITs are increasingly reliant on technologies across the spectrum of information technology and operating technology that range from cloud-based systems and the Internet of Things (IoT) to automated building management...more

Farella Braun + Martel LLP

New Laws and Compliance Updates for California Employers in 2023

California has passed several new or amended employment laws covering topics ranging from off-duty marijuana use, reproductive rights, California Family Rights Act, COVID-19, criminal law and the workplace, new avenues of...more

McGuireWoods Consulting

Illinois End of Session Update

Speaker Welch First-Term Highlights - Illinois elected a new Speaker of the House for the first time in almost 40 years after former House Speaker Michael Madigan was ousted from his leadership and later resigned at the...more

ArentFox Schiff

Municipal VRDO Class Action Survives Banks’ Request for Dismissal

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Financial institutions should work with outside counsel to ensure that their internal policies and external actions minimize conduct that may violate state and Federal laws and regulations, and incentivize employees to reward...more

Allen Matkins

PropTech Update - August 2020

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How PropTech firms struck deals during lockdown - Bullet The Real Deal – July 27 - During the first half of the year, venture capital funds invested $1.2 billion in 102 PropTech deals, according to PitchBook, compared to...more

Williams Mullen

IRS Issues Compliance Regulations for LIHTC Projects and COVID-19 Relief

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On July 1, 2020, the IRS issued proposed regulations (REG-123027-19; RIN 1545-BP59) (Regulations) governing compliance-monitoring for low-income housing tax credit (LIHTC) projects and issued Notice 2020-53 (Notice) in...more

Allen Matkins

Sustainable Development and Land Use Update - April 2020 #4

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Looking to escape ‘endless’ litigation, L.A. is open to federal oversight for homelessness - Bullet Los Angeles Times – April 25 - The Los Angeles City Council has authorized City Attorney Mike Feuer to begin discussions...more

Spilman Thomas & Battle, PLLC

Watch List - Proposed Rent and Mortgage Cancellation Act of 2020 Suspends Payments During Pandemic but Requires Landlords and...

On April 17, a bill was introduced in the United States House of Representatives seeking to create the Rent and Mortgage Cancellation Act of 2020. The primary feature of the bill is it would suspend all rent and mortgage...more

Sheppard Mullin Richter & Hampton LLP

California’s “Housing Crisis Act of 2019” May Boost Housing Production or Just Boost Housing-Related Litigation

On October 9, 2019, Governor Newsom signed into law Senate Bill (SB) 330, or the “Housing Crisis Act of 2019” in an effort to combat California’s current housing shortage, which has resulted in the highest rents and lowest...more

Allen Matkins

Sustainable Development and Land Use Update - September 2019 #2

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Focus - California lawmakers move to reinstate and revamp local affordable housing program - Los Angeles Times – September 11 - California lawmakers have approved a bid to renew a program that pumped hundreds of millions...more

Allen Matkins

Sustainable Development and Land Use Update - August 2019 #3

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Focus - Amid housing crisis, Culver City is the latest city to cap rents - Los Angeles Times – August 13 - Culver City approved a temporary rent control measure this Tuesday, capping annual increases to 3 percent in...more

Allen Matkins

Sustainable Development and Land Use Update - August 2019

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Focus - California court rejects zoning uniformity claims - Allen Matkins – August 1 - In Sacramentans for Fair Planning v. City of Sacramento, published on July 18, 2019, the California Court of Appeal rejected challenges...more

Allen Matkins

Sustainable Development and Land Use Update - July 2019 #3

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Focus - San Diego approves 5G cell antenna regulations - San Diego Union-Tribune – July 23 - San Diego has approved aggressive new cell antenna regulations in preparation for the wireless industry rolling out advanced 5G...more

Allen Matkins

Sustainable Development and Land Use Update - July 2019

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Focus - California Senate approves homelessness and housing bill Associated Press – July 1 - The California Senate approved on Monday what some lawmakers have called a carrot-and-stick approach to the state’s housing crunch...more

Allen Matkins

Sustainable Development and Land Use Update - June 2019

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Focus - Los Angeles homelessness rises sharply as housing crisis deepens - Reuters – June 4 - Los Angeles County’s homeless population has swelled by 12 percent during the past year as a shortage of affordable housing...more

Allen Matkins

Sustainable Development and Land Use Update - May 2019 #4

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Focus - California’s statewide rent-cap proposal gets two key changes - The Mercury News – May 20 - A closely-watched bill that would ban steep rent hikes throughout California has been softened — slightly — in an effort...more

Allen Matkins

Sustainable Development and Land Use Update - May 2019 #3

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Focus - Major California housing bill put on hold until 2020 - San Francisco Chronicle - May 16 - A controversial measure to revamp local development rules in California by promoting denser housing around public transit...more

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