News & Analysis as of

Affordable Housing Trump Administration

Cozen O'Connor

Pennsylvania Perspective for Monday, August 11, 2025

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PA House Advances Transit Funding Amid Budget Stalemate - The Pennsylvania House advanced a transit funding proposal as agencies across the state face potential service reductions. Although the bill reflects both Democratic...more

Ballard Spahr LLP

Housing Industry Update 2025 - Mid-Year Report

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Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Polsinelli

One Small Beautiful Synopsis of the One Big Beautiful Bill’s Tax Credit Expansions

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President Trump signed into law The One Big Beautiful Bill (the Bill) on July 4th, 2025, making a multitude of historic tax changes, amongst other things. Specifically, the Bill creates and expands certain tax credit programs...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/7)

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State ends fiscal year with record revenue - “Despite uncertainty over the economy and federal funding during the second half of fiscal year 2025, the year closed on June 30 with the state setting a new record for annual...more

Harris Beach Murtha PLLC

President Signs “Big Beautiful Bill” With Significant Housing Credit Expansion

On Friday, July 4th, President Trump signed the “One Big Beautiful Bill Act” (H.R. 1) – a sweeping budget reconciliation package that includes the most substantial expansion of federal affordable housing resources in 25...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, July 3, 2025

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Gov. Shapiro Remains Optimistic About Ongoing Budget Negotiations- Governor Josh Shapiro (D) says a budget deal is expected “very soon” despite Pennsylvania missing its July 1 deadline, as lawmakers continue closed-door...more

Tonkon Torp LLP

Big, Beautiful Opportunity Zones

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Deep in the 1,100 pages of the “big, beautiful bill” is a plan to retool and extend one of the big policies from the first Trump administration: Opportunity Zones. Under this tax incentive program, investors defer capital...more

Harris Beach Murtha PLLC

Potential Impacts of the Privatization of Fannie Mae and Freddie Mac

Fannie Mae (1938) and Freddie Mac (1970) were created with the end goal of promoting homeownership across the United States. Fannie Mae and Freddie Mac, both government-sponsored entities (“GSEs”), are publicly traded and...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, May 29, 2025

Cozen O'Connor on

Gov. Shapiro Counters Federal Cuts with $50M Innovation Push - As the Trump administration slashes federal research funding, Governor Josh Shapiro (D) is proposing a $50 million state investment to boost Pennsylvania’s life...more

Greenberg Glusker LLP

Kevin Sher Describes the Way Forward for SoCal Commercial Real Estate

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Real Estate Partner Kevin Sher took part in the L.A. Times Studios' Southern California Commercial Real Estate Trends Roundtable, where he was one of three leading industry experts to share his thoughts on the current state...more

Hinckley Allen

Evaluating the Impacts of the Trump Administration on the Residential Sector

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There is a proverb, “May you live in a time of change.” It appears that with the new administration not only are we living in a time of change, but also one of break-neck speed without precedent or predictability....more

Allen Matkins

Sustainable Development and Land Use Update 4.23.25

Allen Matkins on

The Trump administration last Wednesday proposed to loosen federal protections for endangered species. A draft rule from the Fish and Wildlife Service (FWS) and National Oceanic and Atmospheric Administration (NOAA) would...more

Cozen O'Connor

Pennsylvania Perspective for Monday, April 21, 2025

Cozen O'Connor on

Gov. Shapiro Orders Flags to Half-Staff in Honor of Pope Francis- Governor Josh Shapiro (D) has ordered U.S. and Commonwealth flags to be flown at half-staff across Pennsylvania in honor of Pope Francis, who passed away...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (4/16/25) – Multifamily Construction Opportunities, a Tariff Timeout for Commercial...

In our latest roundup, REITs ramp up development, U.S. water infrastructure funding plateaus, Giant’s mixed-use development raises questions, and more!...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, April 17, 2025

Cozen O'Connor on

Gov. Shapiro Addresses Arson Incident - During a press conference following the opening of the Hershey Corporation’s new manufacturing plant, Governor Josh Shapiro made his first public comments since the arson at the...more

Ballard Spahr LLP

HUD reverses course and eliminates eligibility of Non-Permanent U.S. Residents for FHA Loans

Ballard Spahr LLP on

In the waning hours of the first Trump Administration the U.S. Department of Housing and Urban Development (HUD) announced that effective January 19, 2021 individuals who are classified under the “Deferred Action for...more

Cozen O'Connor

Pennsylvania Perspective for Monday, March 24, 2025

Cozen O'Connor on

Governor Josh Shapiro announced that Pennsylvania’s Generative Artificial Intelligence (AI) Pilot Program—in partnership with OpenAI and Carnegie Mellon—saved employees an average of 95 minutes per day and improved efficiency...more

Orrick, Herrington & Sutcliffe LLP

FHFA announces new director is sworn in

On March 14, the FHFA announced that Director William Pulte was sworn in as its fifth director in a ceremony held in Washington, D.C., on March 14. Pulte was appointed by President Trump and will serve a five-year term...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/12)

Cozen O'Connor on

Civic Federation Says Illinois Should Extend Sales Tax to Services to Help Bridge $3B Budget Deficit - “Illinois should extend its sales tax to services like haircuts, dry cleaning and plumbing, the nonpartisan Civic...more

Orrick, Herrington & Sutcliffe LLP

HUD announces Scott Turner as new Secretary

On February 5, HUD announced that Scott Turner was confirmed by the U.S. Senate as the 19th Secretary of HUD with a vote of 55-44. He was sworn in by U.S. Supreme Court Justice Clarence Thomas, and he expressed his commitment...more

Cozen O'Connor

Pennsylvania Perspective for Monday, February 10, 2025

Cozen O'Connor on

Gov. Shapiro’s Prison Closure Plan Sparks Debate Over Savings, Community Impact - Governor Josh Shapiro's proposal to close two Pennsylvania prisons and two community corrections centers aims to save $110 million annually,...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/3)

Cozen O'Connor on

Heading into budget season, Gov. JB Pritzker faces major challenge to show ‘Illinois can govern itself’ - “With Gov. JB Pritzker still weighing whether to seek a third term, the firmer foundation he’s laid for Illinois’...more

Cozen O'Connor

Pennsylvania Perspective for Monday, January 27, 2025

Cozen O'Connor on

Parties Rush to Nominate Candidates for HD-35 Special Election- Democrats and Republicans are quickly selecting nominees for the special election on March 25 to resolve the even split in the Pennsylvania House. Democrats...more

Cozen O'Connor

Broad Street Brief: City Council Returns from Winter Recess

Cozen O'Connor on

Mayor Parker Expresses Openness to Working with Trump Admin. Mayor Cherelle Parker expressed a willingness to collaborate with President Donald Trump on shared priorities, emphasizing the need for bipartisan cooperation to...more

King & Spalding

The Trifecta: What to Expect from a Second Trump Administration and a Republican Congress

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Republicans have swept the 2024 elections, returning Donald Trump to the White House as the 47th President and flipping the Senate to a Republican majority. Having narrowly maintained control of the House of Representatives,...more

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