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Economic Development Affordable Housing

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

Brownstein Hyatt Farber Schreck

The ‘New West’ Rises in Denver: A Bold Agenda Emerges from 2025 State of the City

Denver Mayor Mike Johnston delivered his second State of the City address to a packed audience on Monday night. His speech was framed by historical anecdotes about Denver’s early gamble to connect to the transcontinental...more

Brownstein Hyatt Farber Schreck

Staying Ahead of the Curve: Legislative Updates for Nevada CRE Clients

During the Nevada Legislature’s regular 2025 session, state lawmakers considered a total of 601 Assembly Bills (“AB”), 508 Senate Bills (“SB”), and 28 joint resolutions, with much of the action occurring during the last week...more

Bricker Graydon LLP

Economic Development Changes Abound in Ohio’s Operating Budget Bill

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For those considering state government jobs after college or graduate school, certain opportunities often come with the informal – but widely known – warning: this can be a hard job during the state’s biennial budget drafting...more

Cozen O'Connor

Broad Street Brief: Club World Cup Offers Preview of 2026

Cozen O'Connor on

City Invests in Certifying CTE Teachers- Philadelphia City Council allocated $500,000 to help Career and Technical Education (CTE) teachers cover certification costs, addressing a teacher shortage and supporting growing...more

Jones Day

Bridging the Gap: Supply Shortfalls and Soaring Demand in the UK Build-to-Rent Sector

Jones Day on

The UK faces a significant housing crisis due to an acute shortage of homes caused by high capital costs, increasing construction and development expenses, regulatory and political uncertainty, and persistent delays in the...more

Cozen O'Connor

Broad Street Brief: City Council Passes FY26 Budget, HOME Bills

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City Council Passes FY26 Budget, HOME Bills- During their final meeting before summer recess, the City Council passed a staggering 58 bills, including the FY26 Capital and Operating Budgets, business and wage tax cuts, and...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

Cozen O'Connor

Broad Street Brief Special Edition: Council Approves FY26 City Budget

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On the evening of Thursday, June 5, the Philadelphia City Council granted preliminary approval to several bills related to Mayor Cherelle Parker’s $6.8 billion FY26 City Budget with minimal changes to the initial proposal,...more

Cozen O'Connor

City Council Approves Atlantic Avenue Mixed Use Plan

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On May 28, 2025, the New York City Council approved the city-led Atlantic Avenue Mixed Use Plan (AAMUP, pronounced "aim up"), rezoning a low-density industrial stretch of Atlantic Avenue and surrounding blocks in Brooklyn’s...more

Farrell Fritz, P.C.

From Vacancy to Vibrancy: Empire State Development’s Vision for Long Island Housing

Farrell Fritz, P.C. on

On March 27, 2025, Empire State Development, New York State’s chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed to promote and...more

McCarter & English, LLP

FY 2026 Department of Community Affairs Budget Testimony

On Monday, April 21, 2025, Commissioner Jacquelyn Suárez of the New Jersey Department of Community Affairs (DCA) testified before the Assembly Budget Committee, outlining the department’s strategies to navigate projected...more

Cozen O'Connor

Broad Street Brief: City Council Examines HOME Initiative

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Mayor Cherelle Parker unveiled details about the programs to be funded by her signature Housing Opportunities Made Easy (HOME) Initiative on Monday. More than 75% of the $800 million bond amount will be allocated to seven key...more

Cozen O'Connor

Major Long Island City Rezoning Enters Public Review

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On April 21, 2025, the New York City Planning Commission (CPC) certified the city-led Long Island City Neighborhood Plan, known as OneLIC, into public review. OneLIC seeks to build on Long Island City’s status as one of...more

Orrick, Herrington & Sutcliffe LLP

Acting Comptroller Hood advocates for financial inclusion at conference

On March 27, Acting Comptroller of the Currency Rodney Hood delivered remarks at a conference, emphasizing his commitment to financial inclusion for underserved communities. He described financial inclusion as a civil rights...more

Bilzin Sumberg

Proposed Bill Would Impact Economic Development Efforts within CRAs

Bilzin Sumberg on

The Community Redevelopment Act of 1969 authorizes counties and municipalities to create CRAs as a means for redeveloping slums and blighted areas in the community. Once created, CRAs adopt a Community Redevelopment Plan...more

Cozen O'Connor

Broad Street Brief: City Council Green Lights Bike Lane Expansion

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City Council Green Lights Bike Lane Expansion- During Thursday’s meeting, the City Council approved legislation introduced last week by Councilmember Jeffery Young, Jr. (District 5) to add bike lanes to high-traffic streets...more

Spilman Thomas & Battle, PLLC

The Rural Historic Tax Credit Improvement Act Will Expand Access To Smaller Projects | Spilman Thomas & Battle

Last week, U.S. Senators Shelley Moore Capito, R-West Virginia, and Mark Warner, D-Virginia, introduced S. 631, which focuses on rural historic tax credit (HTC) use and also includes transferability for small projects (those...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, February 20, 2025

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Pennsylvania officials are awaiting further guidance on federal funding cuts — impacting infrastructure, energy, transit, and more — with Governor Josh Shapiro’s office suing five federal agencies over $1.2 billion in...more

Cozen O'Connor

Illinois Insights Special Edition: 2025 Budget Address Recap

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On Wednesday, February 19, Governor J.B. Pritzker delivered his seventh annual Budget Address to a joint session of the General Assembly, where he unveiled his $55.2 billion FY26 Executive Budget - marking an approximately $2...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

New York Note: Tin Cup Day, Minority Leader, NYC AI Nexus

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Last Tuesday, Mayor Adams, along with other mayors of cities throughout New York State, stated the city’s priorities at the state budget “tin cup day.” Adams advocated for “Axe the Tax for the Working Class” legislation,...more

Cozen O'Connor

Broad Street Brief: NE Philly Recovers From Shocking Plane Crash

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City Council to Consider Labor Law Enforcement, Lead Paint Disclosure Deadline Bills - During Thursday’s meeting, City Councilmember Kendra Brooks (At-Large) introduced legislation to enhance City enforcement of labor laws...more

Cozen O'Connor

Pennsylvania Perspective Special Edition: 2025 Budget Address Recap

Cozen O'Connor on

On Tuesday, February 4, Governor Josh Shapiro delivered his third annual Budget Address to a joint session of the General Assembly, where he unveiled his $51.47 billion FY26 Executive Budget — marking an approximately 7.5%...more

Cozen O'Connor

Cozen Cities - January 22, 2025

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CHICAGO — Data Shows City’s Labor Market Stabilizing - Federal Reserve Bank of Chicago President Austan Goolsbee said the latest jobs report suggests the labor market is stabilizing at full employment and is not a sign of an...more

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