On July 12, 2024, a bipartisan bill was introduced in the U.S. House of Representatives titled the “Revitalizing Downtowns and Main Streets Act” (H.R. 9002) (the “Bill”), which, if enacted, will provide an investment tax...more
8/6/2024
/ Bipartisan Budget ,
Construction Project ,
Housing Developers ,
Housing Market ,
Investment Tax Credits ,
Proposed Legislation ,
Real Estate Development ,
Regulatory Agenda ,
Residential Property Owners ,
State and Local Government ,
Tax Credits ,
Urban Planning & Development
Last week, Treasury Secretary Yellen announced new efforts by the Treasury Department to increase the nation’s housing supply. Some of the initiatives Secretary Yellen discussed included...more
Seyfarth Synopsis: With the cooperation of federal agencies such as the Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT), the White House has established plans to use grants and...more
12/12/2023
/ Affordable Housing ,
Community Development Block Grants ,
Consumer Financial Products ,
Department of Transportation (DOT) ,
Financing ,
HUD ,
Loans ,
Office Space ,
Real Estate Development ,
Redevelopment ,
Statutory Requirements ,
TIFIA ,
Urban Planning & Development
Seyfarth Synopsis: Montgomery County has enacted a comprehensive rent stabilization law that will limit annual rent increases for rental housing in the County to three percent plus CPI, with a maximum limit of 6%. The law...more
Seyfarth Synopsis: Montgomery and Anne Arundel Counties in Maryland are increasing their recordation and transfer taxes, while 2019 increases to recordation and transfer taxes in the District of Columbia are set to expire....more