News & Analysis as of

Federal Funding Affordable Housing

Cozen O'Connor

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

Cozen O'Connor on

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

Illinois Insights: An update from Cozen O'Connor (6/25)

Cozen O'Connor on

Gov. JB Pritzker to announce he’s running for a third term in 2026- “Democratic Gov. JB Pritzker will announce Thursday that he will seek a third term next year, answering a question about his immediate political future but...more

Mintz - ML Strategies

Reconciliation Update: Latest Developments for Tax-Exempt Bonds & Public Finance and What to Expect Next

Mintz - ML Strategies on

Tax-exempt municipal bonds avoided a potential worst-case scenario of elimination in the House-passed budget reconciliation bill — the One Big Beautiful Bill Act. The recently released tax language from the Senate Finance...more

Cozen O'Connor

Broad Street Brief: Parker-Johnson Partnership Modeled After Rendell-Street

Cozen O'Connor on

Mayor Parker, Council President Johnson Reviving 90s-Era Collaboration -Over the first year in their respective positions, Mayor Cherelle Parker and City Council President Kenyatta Johnson have intentionally worked to build a...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

Harris Beach Murtha PLLC

Affordable Housing Credit Improvement Act Re-introduced in House of Representatives

On April 8, 2025, the federal Affordable Housing Credit Improvement Act (“AHCIA”) was reintroduced in the House with 117 bipartisan co-sponsors from over 30 different states. The bill would expand the Low-Income Housing Tax...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, March 27, 2025

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Gov. Shapiro Fights USDA Funding Cuts for PA Farmers, Food Banks -Governor Josh Shapiro is challenging the U.S. Department of Agriculture’s (USDA) decision to cancel $13 million in funding for Pennsylvania farmers who supply...more

Cozen O'Connor

Broad Street Brief: City Council Green Lights Bike Lane Expansion

Cozen O'Connor on

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

Allen Matkins

Sustainable Development and Land Use Update 2.26.25

Allen Matkins on

On February 20, 2025, the White House Council on Environmental Quality (CEQ) posted a pre-publication notice on its website of an Interim Final Rule that rescinds its regulations implementing the National Environmental Policy...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, February 20, 2025

Cozen O'Connor on

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

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

Broad Street Brief: Mayor Parker Fast-Tracks Market East Master Plan

Cozen O'Connor on

The Philadelphia 76ers have abandoned plans to build a Center City arena, which was pitched as a critical development for East Market Street. Instead, the team will partner with Comcast Spectacor to construct a new arena near...more

Cozen O'Connor

Cozen Cities - January 8, 2025

Cozen O'Connor on

CHICAGO — Jobs Slightly Down Since Last Year, State Data Shows - The Chicago metro area experienced a 0.2% drop in non-farm jobs between November 2023 and November 2024. While private education, health services, and...more

Allen Matkins

Sustainable Development and Land Use Update 8.12.24

Allen Matkins on

On June 27, 2024, the California First District Court of Appeal affirmed the denial of a writ petition challenging the City of Lafayette’s determination that a 12-unit residential condominium building qualified for the Class...more

Cozen O'Connor

Cozen Cities - July 17, 2024

Cozen O'Connor on

Los Angeles Unified School District (LAUSD) Superintendent Alberto Carvalho said he is moving forward with an education platform driven by artificial intelligence (AI) designed to help students and families navigate the...more

Seyfarth Shaw LLP

Treasury Secretary Janet L. Yellen Announces New Initiatives to Lower Housing Costs on Behalf of the Biden Administration

Seyfarth Shaw LLP on

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

Cozen O'Connor

Cozen Cities - May 8, 2024

Cozen O'Connor on

CHICAGO — City Council to Consider Requiring Testing, Guidelines for City Government AI Tools- Chair of Chicago City Council’s Committee on Economic, Capital & Technology Development Gilbert Villegas (Ward 36) introduced a...more

Cozen O'Connor

New York Note: Secretary of State, City of Yes, Play Fair for Parks

Cozen O'Connor on

Governor Hochul has nominated Walter Mosley to serve as New York’s Secretary of State. The previous secretary of state, Robert Rodriguez, has taken another statewide role as the head of the Dormitory Authority of New York....more

Cozen O'Connor

Cozen Cities - January 31, 2024

Cozen O'Connor on

CHICAGO — Chicago Rideshare Drivers Looking for Safety Solutions- Chicago Gig Alliance organizer Lori Simmons is leading the charge in demanding city officials take action in response to a rash of recent rideshare driver...more

Cozen O'Connor

New York Note – Legislative Session, Court of Claims, FEMA Funding

Cozen O'Connor on

The New York State Legislature has formally concluded session for 2023. Notably, the legislature and Governor Hochul failed to reach a compromise on the state’s affordable housing crisis. In the final hours of session, the...more

Brownstein Hyatt Farber Schreck

OMB Contemplates Changes to Buy America Guidance

The Office of Management and Budget (OMB) received nearly 2,000 comments on its proposed revisions to the guidance that will govern how Build America, Buy America Act (BABA) requirements codified in the Infrastructure...more

Hudson Cook, LLP

CFPB Bites of the Month - 2022 Annual Review - Mortgage

Hudson Cook, LLP on

In this article, we share a timeline of our monthly "bites" for 2022 applicable to the Mortgage industry. So, what happened in 2022?...more

Holland & Knight LLP

The Inflation Reduction Act: Provisions and Incentives for Local Governments

Holland & Knight LLP on

President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16, 2022, following its passage along party lines in the U.S. Senate and House of Representatives. The comprehensive legislation is the...more

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