News & Analysis as of

Affordable Housing Transfer Taxes

Cozen O'Connor

Cozen Cities - January 17, 2024

Cozen O'Connor on

CHICAGO — After Latest Shooting, Rideshare Drivers Protest Outside Midway Airport for Change- Several rideshare drivers protested outside Midway Airport last Friday for better safety and stable pay. The Chicago Police...more

Levenfeld Pearlstein, LLC

Chicago Moves One Step Closer to Enacting ‘Mansion Tax’ That Would Apply to Residential and Commercial Properties

Chicago mayor Brandon Johnson recently agreed to change the city’s real estate transfer tax by implementing a so-called “mansion tax”– a real estate transfer tax applied to the purchase of property over a certain amount. The...more

Smith Gambrell Russell

Measure ULA’s Significant New Transfer Tax on Property Sales Over $5 Million

Beginning April 1, 2023, Measure ULA, a citizen-sponsored ballot initiative which was approved by voters in the City of Los Angeles, adds a new tax on the sale or transfer of real property valued at over $5 million. This...more

Venable LLP

City of LA New Transfer Tax

Venable LLP on

In the November 2022 election, the voters of the City of Los Angeles passed Los Angeles Measure ULA (United to House LA). Measure ULA—which will go into effect on April 1, 2023—establishes and funds programs for the purposes...more

Allen Matkins

Sustainable Development and Land Use Update - 1.05.23 #1

Allen Matkins on

California’s Second District Court of Appeal recently affirmed that a shorter 90-day statute of limitations, and not a longer three- or four- year statute of limitations, applies to Political Reform Act (PRA) claims that...more

Goodwin

LA Measure ULA: A New Real Estate Transfer Tax on Residential and Commercial Properties Over $5 Million

Goodwin on

Measure ULA, also known as the “Homelessness and Housing Solutions Tax,” was a ballot measure in Los Angeles which was recently approved by voters in the 2022 Los Angeles County Midterm Elections. Measure ULA will impose a...more

Holland & Knight LLP

Los Angeles Voters Approve "Mansion Tax" Affecting High-Value Real Property

Holland & Knight LLP on

In response to the homelessness crisis, voters in the city of Los Angeles approved Measure ULA, aka the "mansion tax," on Nov. 8, 2022. Measure ULA seeks to raise funding for affordable housing and tenant assistance programs...more

ArentFox Schiff

DC Mayor Announces Plans To Invest Record $400 Million Into Affordable Housing

ArentFox Schiff on

On May 24, 2021, District of Columbia Mayor Muriel E. Bowser announced plans to invest a record-setting $400 million into the District’s affordable housing production via direct injection into the Housing Production Trust...more

Downs Rachlin Martin PLLC

News from the Vermont State House - An analysis from DRM's Government & Public Affairs Team - February 2017 #2

Governor’s $35 Million Housing Bond Discussed in Ways and Means Committee - Executive Director Gus Selig of the Vermont Housing and Conservation Board revealed some of the details this week behind the $35 million bond...more

Holland & Knight LLP

West Coast Real Estate Update: November 2016 #3

Holland & Knight LLP on

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

Coblentz Patch Duffy & Bass

A Plethora of Propositions: Real Estate Tax, Land Use and Governance on the San Francisco Ballot

Admittedly the issues may appear benign compared to the Presidential race and the drugs, sex and other provocative topics on the state ballot. But San Francisco voters again face a long list of significant local propositions...more

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