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
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
As a follow-up to our recent alert, here are some updates on rent control and other activities in the region impacting multifamily properties...more
The Biden administration last Thursday announced further steps to lower housing costs and boost supply. The administration is looking to incentivize municipalities to lift restrictive land use and zoning policies by...more
On March 24, 2023 the Florida State Legislature passed and presented to Gov. DeSantis a sweeping housing bill which aims to provide significant support for affordable and workforce housing development and preservation for...more
Rent control expands as tenants struggle with the record-high cost of housing - NPR – November 28 - In November, voters in Florida, Maine, and California approved ballot measures to impose or tighten caps on rent hikes....more
State launches review of San Francisco’s housing approval practices Bullet SFGate – August 9 The California Department of Housing and Community Development (HCD) is launching an unprecedented review of San Francisco's housing...more
Judge rules that City of Santee (San Diego County) must overturn approval of 3,000-home Fanita Ranch project due to wildfire concerns The San Diego Union-Tribune – April 12 A California judge has ordered Santee to throw out...more
Biden framework includes $150B for affordable housing - The Hill – October 28 - President Joe Biden’s proposed climate change and social services bill, the “Build Back Better Act,” is expected to include $150 billion...more
Huntington Beach loses housing case against the state of California - Los Angeles Times – February 2 - The city of Huntington Beach lost a lawsuit against the state of California, in which the city sought exemption...more
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
‘All-electric’ movement picks up speed, catching some off guard - When Berkeley became the first city in the country to ban natural gas hookups in new construction last July, no one knew the effects would ripple out so...more
A handful of important state laws related to housing have been passed by the California legislature, including the Housing Crisis Act of 2019 (SB 330), which provides a set of limited reforms to the Housing Accountability Act...more
As California's housing supply and homelessness crisis continues, the State Legislature has for the past several years passed numerous pieces of housing legislation in each legislative session. This year was no exception,...more
As the U.S. economy enters its tenth year of continuous growth, cities are responding with ways to harness development pressure for affordable housing and for job creation and training. Boston’s elected officials are...more