News & Analysis as of

Housing Market Rental Property Low Income Housing

Pullman & Comley - For What It May Be Worth

New Bill Requires Municipalities to Assess Affordable Housing Properties Based on Net Rental Income

The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more

Lowndes

Live Local Act: Proposed New Language Protects Early Applicants

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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

Ballard Spahr LLP

November Multifamily Alert

Ballard Spahr LLP on

As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more

Lowndes

Live Local Act Provides Affordable Housing Incentives, Bans Rent Control

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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

Goulston & Storrs PC

D.C. Zoning Commission Responds to Two of Attorney General’s Inclusionary Zoning Proposals

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On December 2, 2021, the Office of the Attorney General for the District of Columbia (OAG), filed four petitions with the Zoning Commission (ZC) to amend the Zoning Regulations as an effort to increase the supply of...more

Cozen O'Connor

Where do the Mayoral Candidates Stand on Affordable Housing?

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As New York City prepares to elect its new mayor, we are turning our attention to the top Democratic candidates and their positions on how to address affordable housing. While all of the candidates agree that affordable...more

Allen Matkins

Sustainable Development and Land Use Update - January 2021

Allen Matkins on

Despite limited success for housing bills in the 2020 legislative session, 2021 should present opportunities for developers - Bullet Allen Matkins – December 21 - During the 2020 legislative session, many housing...more

Allen Matkins

Sustainable Development and Land Use Update - December 2020

Allen Matkins on

Lawmakers weigh moratorium extension as eviction cliff looms - Palo Alto Online – December 8 - With California's eviction moratorium set to expire in less than 60 days and 2 million people at risk of losing their rental...more

Bilzin Sumberg

Notice to Owners and Developers of Affordable Housing (FHFC Emergency Rule 67ER20-1)

Bilzin Sumberg on

If you are an owner or developer of affordable housing, we wanted to be sure you are aware of Florida Housing Finance Corporation’s (“FHFC”) Emergency Rule 67ER20-1, which creates incentives for owners of developments that do...more

Cozen O'Connor

Rent Control National Momentum

Cozen O'Connor on

In response to multiple news and industry reports that many urban areas in the United States are suffering a crisis in affordable housing, many states and cities are actively considering rent control as an ameliorative...more

Lowndes

Emotional Support Animals: Do They Have To Live Here?

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Recognizing the drastic increase in the number of requests being made to housing providers for “emotional support animals” by residents who do not appear to be disabled, at the end of January, the U.S. Department of Housing...more

Coblentz Patch Duffy & Bass

Farewell to Costa-Hawkins Agreements for On-Site Affordable Rental Units in SF

San Francisco wasted no time implementing AB 1505, which authorizes localities to adopt ordinances requiring developers to provide on-site inclusionary affordable housing units in rental projects, provided that there is an...more

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