News & Analysis as of

Incentives Real Estate Development

Stikeman Elliott LLP

Toronto City Council Approves Incentive Plan for Private Developers of Rental Units

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On November 13, 2024, Toronto City Council voted 23-1 in favour of creating a “Purpose-built Rental Homes Incentives Stream” under the City’s Rental Supply Housing Program. The plan will support the building of 20,000 new...more

Whitman Legal Solutions, LLC

Maryland Laws Incentivize Electric Vehicles

Maryland has been proactive in passing laws to encourage EV ownership and installation of  EV chargers. This article discusses some of these laws and how they affect residential and commercial real estate....more

Otten Johnson Robinson Neff + Ragonetti PC

Navigating High-Density Development Under HB24-1313: The Transit‑Oriented Development Act

On May 13, 2024, Governor Jared Polis signed House Bill 24-1313 (HB24-1313) into law. This act incentivizes transit-oriented development (TOD) by providing $35 million in grants to transit-oriented communities (TOCs) to help...more

Thomas Fox - Compliance Evangelist

The Affordable Housing Crisis

We conclude our three-part blog series with a look at the affordable housing crisis. It is an omnipresent challenge facing many communities across the United States. From small towns like Kerrville, Texas, to bustling cities...more

Harris Beach PLLC

Proposed Legislation to Incentivize Affordable Housing Conversions

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The U.S. Congress is currently considering the “Revitalizing Downtowns and Main Streets Act” (the “Act”), legislation aiming to address changes in the post-pandemic real estate market and the nationwide affordable housing...more

DarrowEverett LLP

Should Solar Developers Pursue Community Solar? Incentives Can Be Key

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With the proliferation of renewable energy and sustainable technologies, individuals of every income range have tried to find ways to benefit from the technological advances. Those who have the resources and interest may...more

DarrowEverett LLP

Converting Office Space to Housing? There Are Incentives For That

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With housing availability at record lows in many communities across the U.S., including gateway cities such as New York, and commercial office space still not fully recovered from the COVID-19 pandemic, the federal government...more

Shutts & Bowen LLP

The Live Local Act Part 2 - Affordable Housing Incentives

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The shortage of affordable housing in Florida has been building for many years. Within a time span of 2 years, median rental prices in Florida increased over 30 percent and now the shortage of affordable housing has reached...more

DarrowEverett LLP

Livin’ La Vida Loca: Florida’s Radical Overhaul of Commercial Zoning Incentivizes Developers

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The “Live Local Act," recently signed into law by Florida Gov. Ron DeSantis, provides unprecedented incentives for developers to build affordable housing. With access to low-interest loans and tax credits, the ability to...more

Holland & Knight LLP

Los Angeles Transit Oriented Communities Program Sees Its Wings Clipped … Somewhat

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In Fix the City, Inc. v. City of Los Angeles (L.A. Sup. Ct. Case No. 20STCP03529, order filed May 24, 2022), the Los Angeles Superior Court ruled that conflicts between qualifying Transit Oriented Communities (TOC) Guidelines...more

Holland & Knight LLP

California Courts of Appeal Strengthen Density Bonus Law

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Recent decisions from two court cases – Schreiber v. City of Los Angeles1 and Bankers Hill 150 v. City of San Diego2 – make California's Density Bonus Law a powerful tool not just for accessing increased density, but also for...more

Bilzin Sumberg

City of Miami Real Estate Development Bonus and Incentive Programs

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Under Miami 21, the City’s zoning code, analysis of a property is more involved than just maximum density and square footage. It is important to know the fine points of potential incentives and benefits available to maximize...more

Kramer Levin Naftalis & Frankel LLP

Proposed FRESH Food Stores Update (FRESH II)

The Department of City Planning (DCP) has proposed text amendments to modify and expand the existing Food Retail Expansion to Support Health (FRESH) program under ZR 63-00 for neighborhood grocery stores and supermarkets...more

Bilzin Sumberg

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

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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

Ballard Spahr LLP

Treasury Releases Final Regulations On Qualified Opportunity Zone Program

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The U.S. Department of Treasury published Final Regulations for the Qualified Opportunity Zone (QOZ) program on January 13, 2020, which answer many, but not all, of the questions arising from the Proposed Regulations released...more

Maynard Nexsen

So you’re thinking about economic incentives for your NC real estate project?

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Economic incentives 101 for the entrepreneur. So you’re thinking about starting a new project or expanding your existing project in NC? What should you be thinking about to qualify for economic incentives?...more

Coblentz Patch Duffy & Bass

Senator Wiener’s SB 50 Moves Forward with Compromise Amendments

On April 24, Senator Scott Wiener’s SB 50 passed the Senate Governance and Finance Committee with bipartisan support, incorporating amendments that limit the bill’s scope. ...more

Harris Beach PLLC

Mixed-Use Development Incentives for Downtown Rochester Extended to 2021

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A valuable incentive for mixed-use development in downtown Rochester has been extended. The City of Rochester has reauthorized an exemption from real property taxation and special ad valorem levies for the conversion of...more

Bowditch & Dewey

Housing Choice Initiative

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Housing Choices, Housing Development On Monday, December 11, 2017, the Baker Administration announced the Housing Choice Initiative, which is intended to increase housing development in Massachusetts. The Initiative intends...more

Allen Matkins

California Governor Signs Four Bills Affecting Density Bonus Projects

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On September 28, 2016, Governor Brown signed new legislation relating to the construction of affordable and market-rate housing. Although AB 2501 has drawn the most attention from commentators and the media, AB 2442 and AB...more

Pierce Atwood LLP

Pierce Atwood Environmental Regulatory Compliance Calendar

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Federal - Notice of Availability of the Environmental Protection Agency’s Two Updated Chapters in the EPA Air Pollution Control Cost Manual - EPA is making two finalized chapters of the EPA Air Pollution Control...more

Allen Matkins

AB 2222 Restricts Use of State Density Bonus Law

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On September 27, 2014, Governor Brown signed AB 2222, which amended sections of the State Density Bonus Law (Gov. Code §§ 65915, 65915.5 ["DBL"]). The main purpose of the bill is to require developers to replace all of a...more

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