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Affordable Housing Tax Credits Housing Market

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

Sullivan & Worcester

Housing Bill Becomes Law, But It’s Not Just About Housing

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On Tuesday, August 6th, Governor Healey signed into law House Bill 4977, “An Act relative to the Affordable Homes Act.” The 181-page Bill provides for $5.1 billion in capital funding to support housing production and...more

Cozen O'Connor

Cozen Currents: Is Harris the Answer?

Cozen O'Connor on

The Cozen Lens - While it’s becoming ever clearer Vice President Harris is likely to be the Democratic nominee following President Biden’s decision to step aside, it’s less clear what the impact will be on the presidential...more

Polsinelli

Colorado General Assembly Passes Trendsetter Affordable Housing Initiatives

Polsinelli on

Colorado’s General Assembly passed two bills this legislative session dedicated to improving the state of affordable housing in Colorado. HB24-1316 and HB24-1434 aim to supplement the State’s oversubscribed affordable housing...more

Bilzin Sumberg

Live Local Act 2024 vs 2023 - Everything You Need to Know

Bilzin Sumberg on

Yesterday, the Florida Senate on the opening day of legislative session unanimously passed by a vote of 40 to 0, Senate Bill 328 also known as the “Live Local Act 2024”. SB328 is in response to a mix of reactions to the...more

Pierce Atwood LLP

Maine Enacts Affordable Housing Tax Credit

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On January 12, 2020, Governor Janet Mills signed L.D. 1645, establishing a Maine affordable housing tax credit (AHTC). The Maine State Housing Authority (MaineHousing) will be tasked with administering and allocating $80...more

Best Best & Krieger LLP

Omnibus Housing Bill Adds Teeth to Housing Element Law Enforcement

Best Best & Krieger LLP on

Part 1: New California Housing Laws - The California Department of Housing and Community Development was given more tools to hold cities accountable for housing-element compliance. Spanning 140 pages, Assembly Bill 101,...more

Lowndes

Senior Housing and the LGBT Senior Community

Lowndes on

The Real Deal reported a Thirty Million Dollar affordable housing project in Long Island aimed at the LGBT Senior community. It is open to all and is being funded by State and Federal Tax Credits, a state loan and some...more

Ballard Spahr LLP

IRS to Publish Final Utility Allowance Regulations for LIHTC Properties

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On Monday, the IRS will publish final utility allowance regulations for low-income housing tax credit (LIHTC) properties under Section 42 of the Internal Revenue Code (Code)....more

Ballard Spahr LLP

Tax Reform – Proposed Legislation Protecting Affordable Housing

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After legislation to repeal the Affordable Care Act was pulled from the House floor last Friday, news headlines across the country began reporting that tax reform is next on the Trump Administration’s agenda. As noted in our...more

Baker Donelson

Supreme Court Broadens Scope for Housing Discrimination Claims

Baker Donelson on

Beneficial intent will not shield lenders and other financial services companies from discrimination claims under the Fair Housing Act (FHA), according to a recent decision by the United States Supreme Court. Specifically,...more

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