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Real Estate Development Property Tax Affordable Housing

Goulston & Storrs PC

D.C. FY25 Budget Expands CRE Revitalization Initiatives

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The end of June saw the D.C. Council pass the Fiscal Year 2025 Budget Support Act of 2024 and the Fiscal Year 2025 Local Budget Act of 2024. The 2025 budget includes the “Central Washington Activation Conversion Program...more

Akerman LLP

D.C. Government Publishes Proposed Rules on Tax Abatements for Residential Conversions

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Washington D.C.’s Office of the Deputy Mayor for Planning and Economic Development (DMPED) released its proposed rules establishing how the D.C. government will implement the Housing in Downtown Tax Abatement program. A...more

Cozen O'Connor

Cozen Cities - February 14, 2024

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BOSTON — City Leading AI Industry- Boston-area companies are leading in the development of new artificial intelligence (AI) and managing data for AI use. A new report estimates that Boston’s expertise in tech and health...more

Bilzin Sumberg

Live Local Act Glitch Bill

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As expected, within days of the opening day of the 2024 Legislative Session came two proposed “clarification glitch” bills containing several proposed amendments to the Live Local Act.  Senate Bill 328, sponsored by Senator...more

Allen Matkins

Sustainable Development and Land Use Update 1.05.24

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We previously published a legal alert on October 12, 2023, about the extensive housing package that Governor Gavin Newsom signed on October 11, 2023, consisting of 56 bills to help address California’s decades-in-the-making...more

Cozen O'Connor

Cozen Cities - January 3, 2024

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BALTIMORE — Mayor Scott, BDE Introduce Free Public Wi-Fi Network - In December, Mayor Brandon Scott and the City’s Office of Broadband and Digital Equity (BDE) launched FreeBmoreWiFi, a citywide free public Wi-Fi network....more

Cozen O'Connor

Cozen Cities - November 30, 2023

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Gig Economy & Technology- DETROIT — Electric Delivery Startup BrightDrop Becomes Part of GM- BrightDrop, a General Motors (GM) commercial electric vehicle startup formed in 2021, will no longer operate as a subsidiary and...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

Barnea Jaffa Lande & Co.

Much More than 66% – Must-Know Changes in the Urban Renewal Field

Barnea Jaffa Lande & Co. on

After years of expectations, the government has approved the legislative amendments needed to promote “Urban Renewal” projects in Israel. While everyone is talking about the amendment lowering the threshold of consent for...more

Saul Ewing LLP

What Developers Need to Know About New Philadelphia Tax Legislation Affecting Development Projects

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Responding to calls from Philadelphia’s housing advocates to generate tax revenue for affordable housing, Philadelphia City Council adopted a trio of ordinances on December 2, affecting most new construction projects...more

Holland & Knight LLP

New York's 421-a Tax Exemption for New Residential Buildings is Back

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The New York State Legislature has passed and Gov. Andrew Cuomo has signed legislation re-establishing the 421-a Tax Exemption Program after a nearly two-year hiatus. The program, which was first put in place in the early...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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