News & Analysis as of

Low Income Housing Real Estate Development New Legislation

Polsinelli

Alabama To Offer State Tax Credit for Federal 4% LIHTC Projects

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As affordable housing has continued to be a topic of concern across the United States, states are evaluating ways to spur and support affordable housing development. In response to affordable housing needs, Alabama became the...more

Holland & Knight LLP

California's 2024 Housing Laws: What You Need to Know

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The 2023 California Legislative session, like the last several, saw the enactment of a large number of significant new housing production laws. (See Holland & Knight's previous annual recaps of California Housing Laws in the...more

Brownstein Hyatt Farber Schreck

Missing Middle: Governor Signs Bill to Bolster Middle-Income Housing

On Oct. 11, 2023, Gov. Gavin Newsom signed this year’s slate of housing bills to “incentivize and reduce barriers to housing and support the development of more affordable homes.” Among the 56 bills signed is AB 1287, the...more

Butler Snow LLP

2023 Texas Legislative Updates to Low Income Housing Tax Credit Developments

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During the 88th Regular Session, the Texas Legislature passed H.B. 1058 creating a state low-income housing tax credit program. The program will be administered by the Texas Department of Housing & Community Affairs (TDHCA)...more

Burr & Forman

Live Local Act Makes It Easier to Develop Affordable Housing in FL

Burr & Forman on

Background - On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102, otherwise known as the Live Local Act (“LLA” or “Act”), into law, representing a large investment for housing efforts, one of the largest in...more

Sheppard Mullin Richter & Hampton LLP

Los Angeles Mayor Signs New Legislation Exempting Affordable Housing Projects from Site Plan Review

On July 6, 2023, Los Angeles Mayor Karen Bass signed into law a provision to exempt certain affordable housing projects from the city’s Site Plan Review Process. The exemption was made as an amendment to Site Plan Review...more

Polsinelli

Texas Offers State Low-Income Housing Tax Credits

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Texas Governor Greg Abbott (R) recently signed Texas House Bill (H.B.) 1058, making Texas at least the 28th state, plus the District of Columbia, to offer state low-income housing tax credits to bridge the growing affordable...more

Nelson Mullins Riley & Scarborough LLP

Florida 'Live Local Act' Provides Incentives to Build Affordable and Workforce Housing

On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102, otherwise known as the Live Local Act, into law, representing the largest investment for housing efforts in Florida history. For your convenience we have...more

Bilzin Sumberg

New Florida Law to Turbocharge Affordable Housing Development

Bilzin Sumberg on

Governor Ron DeSantis signed into law Senate Bill 102 (“Live Local Act” or the “Act”) on March 28, 2023. The majority of the Live Local Act will go into effect on July 1, 2023, with certain provisions pertaining to tax...more

Brownstein Hyatt Farber Schreck

Constitutional Amendment Targets Prop 13 Inequities Once Again

For the last six years, veteran California Assemblymember Cecilia Aguiar-Curry (D-Winters) has been on a crusade to help local governments build the critical infrastructure—from streets and sanitation to water supply and fire...more

Downey Brand LLP

California Enacts More Than Two Dozen Laws This Year to Combat Housing Crisis

Downey Brand LLP on

This legislative year, Governor Gavin Newsom signed into law thirty-one pieces of legislation designed to combat California’s ongoing housing crisis by providing tools to expand housing production, streamline housing...more

Brownstein Hyatt Farber Schreck

City of Denver Proposes Policy for New Affordable Housing Requirements

Earlier this month, the city of Denver (“City”) published the “Expanding Housing Affordability Proposed Policy Approach” (“Proposed Policy”). The Proposed Policy is in response to the passage of HB21-1117, which overturned a...more

Brownstein Hyatt Farber Schreck

Local Affordable Housing Requirements Are Coming—What Should You Know?

On May 7, 2021, House Bill 21-1117 was passed by the Colorado General Assembly and is on the governor’s desk for signature. As detailed in our Brownstein Client Alert on Feb. 18, 2021, HB 21-1117 authorizes local governments...more

Carlton Fields

Florida Legislature and Governor DeSantis Ease Path to Approve Affordable Housing

Carlton Fields on

On June 10, Gov. Ron DeSantis signed HB 1339 into law, making it easier to develop affordable housing throughout Florida. A notable provision within the pages of HB 1339, now Chapter 2020-27, Laws of Florida, allows cities...more

Best Best & Krieger LLP

PublicCEO: BB&K Municipal Law Team Discusses New Public Agency Laws - Part 2

Land Use, Telecommunications, Environmental and More - As noted in Part I of this two-part series, California lawmakers passed a number of new laws last year that greatly impact how public agencies serve their...more

Tonkon Torp LLP

Preserve Suburban Farms Or Advance Suburban Low Income Housing?

Tonkon Torp LLP on

Farmland is going out of farm production in Oregon at what seems to some to be an alarming rate – near double the nationwide rate. As everyone knows, we also have a dearth of low income housing, at least near urban areas....more

Holland & Knight LLP

California's 2019 Housing Laws: What You Need to Know - Another Wave of New Laws Shifts Housing Processing at the Local Government...

Holland & Knight LLP on

• After the California Legislature passed a high-profile package of 15 new housing laws in 2017, it has continued to focus on housing laws in 2018 to address the state's epic housing shortage. • As Gov. Jerry Brown winds...more

Best Best & Krieger LLP

AB 2035: New Tax Increment Financing For Shelters And Affordable Housing - California Lawmakers Continue To Address Housing Crisis

Local affordable housing authorities in California will see their oversight enhanced with the passage of AB 2035, signed Friday by Gov. Jerry Brown....more

Orrick, Herrington & Sutcliffe LLP

California Affordable Housing Authority Bill Signed Into Law

California Assembly Bill 1598 (Mullin) (“AB 1598”), signed into law by the Governor on October 13, 2017, authorizes cities and counties to create new affordable housing authorities for the purpose of financing low- and...more

Best Best & Krieger LLP

The Governor’s Housing Package - Affordable Housing Production in California Gets a Boost from Sacramento

Best Best & Krieger LLP on

A package of 15 new housing bills will have far-reaching implications for every city in California. Collectively, these new laws are meant to significantly boost affordable housing production by removing local land use...more

Perkins Coie

Governor Signs Housing Legislation, Including Streamlining Bill

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Governor Brown has signed 15 bills designed to address the State’s severe shortage of affordable housing. Among its other effects, the legislation will (1) generate funds for affordable housing developments; (2) require...more

Holland & Knight LLP

California Governor Signs into Law Major Reforms to Housing Accountability Act - New Law Increases Developers' Ability to Secure...

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• California Gov. Jerry Brown has signed into law two bills that significantly reform California's Housing Accountability Act (HAA). • Effective Jan. 1, 2018, these laws will significantly increase the ability of housing...more

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