News & Analysis as of

Housing Market Affordable Housing

Cozen O'Connor

Cozen Cities - August 20, 2025

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BOSTON—City Deploys Sensors to Combat Rat Infestations - Boston officials announced the implementation of a new rodent-tracking sensor system throughout the city to provide data on hotspots and measure the effectiveness of...more

Ballard Spahr LLP

Multifamily August 2025 Alert

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We start our August Alert with some potentially very good news. The RENTAL Act, a bill to reform TOPA, passed its first vote by the DC Council on July 28, 2025. The RENTAL Act includes, among other things, a blanket exemption...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

Davis Wright Tremaine LLP

Cutting Through California's Housing Crisis: Are New CEQA Exemptions Enough?

As discussed in our earlier post, California's CEQA landscape has rapidly, and potentially seismically, evolved with the passage of AB 130 and SB 131. This post focuses on the immediate creation of a new statutory exemption,...more

Ballard Spahr LLP

Solving For The Middle-income Housing Gap

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Workforce housing (also referred to as middle-income or essential housing) is becoming a central focus for communities across the country. Whether you’re a city, town, village, housing authority, developer, or part of the...more

Ballard Spahr LLP

Case Study: Innovative Affordable Housing Financing in Fairfax County, Virginia

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A major affordable housing development underway in Fairfax County, Virginia, is setting a new precedent for large-scale, multi-phase transactions in high-cost suburban markets. Located adjacent to the County’s Government...more

Ballard Spahr LLP

Case Study: Fulcrum Communities Pilot Project – Parker, Colorado

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As part of Colorado’s broader efforts to close the middle-income housing gap, Fulcrum Communities, a Colorado nonprofit, launched a pilot project using an innovative financing model to deliver workforce housing more quickly...more

A&O Shearman

Mansion House: Mortgage-related developments

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HM Treasury has announced the launch of a permanent mortgage guarantee scheme, aimed at supporting first-time buyers and home movers across the UK. The scheme enables access to 91–95% loan-to-value mortgages, allowing buyers...more

Holland & Knight LLP

California's Summer Blockbuster, Continued!: AB 130 and SB 131 Create Further Housing Reforms

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Assembly Bill (AB) 130 and Senate Bill (SB) 131, which became effective on June 30, 2025, are designed to bring sweeping change to California housing and infrastructure development across the state. Key provisions in the...more

Tonkon Torp LLP

Checking in on the Portland Metro Residential Real Estate Market

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The June 2025 Market Action Report for the Portland metropolitan area, published by RMLS, describes a residential real estate market that is steady, if subdued, with slight pricing increases and modest shifts in transactional...more

Cozen O'Connor

Cozen Cities - July 23, 2025

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BOSTON—City’s First Office-to-Residential Conversion Project Begins -Construction has officially begun on Boston’s first office-to-residential apartment conversions. This effort is a part of a City pilot program aimed at...more

Brownstein Hyatt Farber Schreck

CEQA Infill Exemptions and “Near Miss” Streamlining—A Concrete Fix for California’s Housing Crisis?

Note: This is the second update in our series covering AB 130 and SB 131, two bills that work substantive changes to the California Environmental Quality Act (CEQA) and California housing law....more

Polsinelli

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

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Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

Ballard Spahr LLP

District of Columbia TOPA Reform Alert

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When District of Columbia Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants and Landlords (RENTAL) Act, there were high hopes that much needed reform to the Tenant Opportunity to...more

BakerHostetler

Analysis of Texas House Bill 21 - Property Tax Exemptions for Housing Finance Corporations Owning Affordable Housing

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In its 89th Regular Session, the Texas Legislature enacted House Bill 21 (HB 21), introducing significant reforms to the way housing finance corporations (HFCs) own and operate multifamily affordable housing developments....more

Brownstein Hyatt Farber Schreck

Major Changes to CEQA and California Housing Law Approved by Gov. Newsom

On June 30, 2025, Gov. Gavin Newsom signed two budget trailer bills—AB 130 and SB 131—that together work major changes both to the California Environmental Quality Act (CEQA) and California housing law. Because these bills...more

Cozen O'Connor

Cozen Cities - July 9, 2025

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PHILADELPHIA—Waymo to Begin Testing Driverless Cars This Summer -Waymo is launching manual test drives of its autonomous vehicles in Philadelphia to familiarize its technology with the city. While public rides are not yet...more

Clark Hill PLC

CEQA finally brought to its knees by California’s severe housing crisis

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Originally enacted in 1970, the objective of the California Environmental Quality Act (CEQA) was to review projects to assess potential impacts on the environment, disclose those impacts to the public, and mitigate those...more

Davis Wright Tremaine LLP

Seattle Upzoned To Allow "Middle Housing"

Single-family-only zoning has officially ended in the City of Seattle. On May 27, 2025, the Seattle City Council passed CB 120969 to comply with RCW 36.70A.635, which requires adoption of development regulations allowing for...more

Ballard Spahr LLP

HUD seeking information about impact Buy Now, Pay Later has on housing expenses

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The Department of Housing and Development is seeking information about the impact that the frequent use of Buy Now, Pay Later (BNPL) products may have on borrowers’ ability to meet housing-related expenses, including rent or...more

McGuireWoods LLP

Congress Passes One Big Beautiful Bill Act With Impacts on Housing

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On July 3, 2025, the U.S. House of Representatives passed the Senate’s version of the One Big, Beautiful Bill Act, which contains provisions impacting the low-income housing tax credit (LIHTC), opportunity zones (OZs) and...more

Orrick, Herrington & Sutcliffe LLP

OCC’s Hood speaks on financial inclusion and homebuying

On June 28, the OCC’s Rodney Hood delivered remarks at a homebuyers fair in Detroit sponsored by Project REACh, a public-private collaboration intending to promote financial inclusion that the OCC launched in 2020. In the...more

Greenberg Glusker LLP

California Enacts Major CEQA Reforms

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On June 30, California Governor Gavin Newsom signed two budget bills that contained the most significant reforms to the California Environmental Quality Act (CEQA) in decades, effective immediately. These changes create an...more

Meyers Nave

California Enacts Landmark Housing and Infrastructure Reform — Major CEQA Streamlining, Permitting Acceleration, and Funding Tools...

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On June 30, 2025, Governor Newsom signed into law a sweeping set of housing and infrastructure reforms as part of the 2025–2026 State Budget, marking one of the most significant overhauls of the California Environmental...more

Sheppard Mullin Richter & Hampton LLP

San Diego ADU Incentive Rollback Sheds Light on California Housing Woes

On June 16, 2025, the San Diego City Council voted 5-4 to cap the number of Accessory Dwelling Units (ADUs) that can be built on single-family lots. The decision reverses the City’s 2020 implementation of a program allowing...more

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