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Construction Project Low Income Housing Rental Property

Lowndes

Live Local Act: Proposed New Language Protects Early Applicants

Lowndes on

The Florida Legislature continues to modify the proposed changes to the Live Local Act (Act) through the latest version of Senate Bill 328 (SB 328), passed on February 7, 2024. For background on the original Act, see “Live...more

Lowndes

Live Local Act Provides Affordable Housing Incentives, Bans Rent Control

Lowndes on

On March 29, 2023, Governor Ron DeSantis signed into law Senate Bill 102 (Live Local Act) that becomes effective July 1, 2023. The Live Local Act, among other things, seeks to provide available and affordable housing to the...more

Holland & Knight LLP

Section 421-a and New York City's New Rent Law

Holland & Knight LLP on

A number of questions have arisen concerning the impact of the recently adopted Housing Stability and Tenant Protection Act of 2019 (HSTPA) on the Section 421-a Tax Exemption Program. HSTPA (Chapter 36 of the Laws of 2019)...more

Kramer Levin Naftalis & Frankel LLP

New 421-a Legislation

The recently adopted state budget bill included the long-awaited revisions to the 421-a program. These amendments to the Real Property Law, dubbed the “Affordable New York Housing Program,” provide partial exemptions from...more

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