News & Analysis as of

Housing Market Affordable Housing Property Owners

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

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

Saul Ewing LLP

Philadelphia Increases Realty Transfer Tax Rate to 3.578% Starting July 1, 2025

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Effective July 1, 2025, the realty transfer tax rate for properties or acquired real estate companies sold in the City and County of Philadelphia will increase to 3.578%, in addition to the Commonwealth of Pennsylvania realty...more

Allen Matkins

San Diego City Council Proposes to Limit Applicability of Successful ADU Bonus Program

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The San Diego City Council voted on March 4, 2025, to begin the process of revising its Accessory Dwelling Unit (ADU) Bonus Program (ADU Bonus Program or Program), which has served, to date, as one of the state’s most...more

Ballard Spahr LLP

Multifamily June 2025 Alert

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As spring begins to give way to summer, legislative activity shows no signs of cooling off. Our May TOPA Alert generated many questions and comments and a further update on the pending TOPA reform legislation is included...more

McGuireWoods LLP

Prince William County Approves New Voluntary Affordable Dwelling Unit Ordinance

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On June 4, 2025, the Prince William County Board of Supervisors approved a new Affordable Dwelling Unit Ordinance that becomes effective on Dec. 1, 2025. The ordinance, adopted under the authority of Virginia Code...more

Brownstein Hyatt Farber Schreck

Coming Soon in Colorado: Recommended Legislation for Transparency in Corporate Housing Ownership

After 18 months of stakeholder meetings with local governments, real estate developers and consumer advocates, the Colorado Task Force to Study Corporate Housing Ownership is expected to release a report later this month...more

Ballard Spahr LLP

TOPA Reform Alert

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As reported in our April 2025 Alert on March 3, 2025, DC Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants, and Landlords (RENTAL) Act (B26-0164), which includes proposed...more

Ballard Spahr LLP

Multifamily April Alert

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This month’s Alert updates recent housing legislation, including proposed amendments to the DC Tenant Opportunity to Purchase Act (TOPA), the launch of the DC RentRegistry portal, and updates to Montgomery County's rent...more

Otten Johnson Robinson Neff + Ragonetti PC

Colorado House Bill 25-1169: An Affordable Housing Opportunity

In response to housing shortages throughout the state, Colorado legislators are proposing policy changes relating to affordable housing.  House Bill 25-1169 (“HB25-1169”) is one of the most significant bills proposed to date....more

Hogan Lovells

UK Leasehold Reform: Commonhold is coming

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Commonhold is a form of freehold ownership, where each unit holder owns their own unit (which could be a flat, shop or office unit), and together they own their communal areas through a “commonhold association” - a company...more

K&L Gates LLP

The Rules That Apply to Foreign Persons Purchasing Established Homes in Australia are Going to Change on 1 April 2025...So, You...

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The Hon. Jim Chalmers MP, Federal Treasurer and the Hon. Clare O'Neil MP, Minister for Housing, Minister for Homelessness issued a joint media release on 16 February 2025 titled "Albanese Government clamping down on foreign...more

Cole Schotz

Fair Chance for Housing Act: What NYC Housing Providers Need to Know

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Effective January 1, 2025, New York City’s Fair Chance for Housing Act became law. The Fair Chance for Housing Act is designed to eliminate barriers for individuals with criminal conviction histories seeking housing. The...more

Hogan Lovells

The politics of housing: Changes to UK residential property law - beware the law of unintended consequences

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The last government made significant changes to leasehold including banning new leasehold houses through the Leasehold and Freehold Reform Act 2024. The current government has indicated it will go even further through the...more

Otten Johnson Robinson Neff + Ragonetti PC

Explaining the New Governmental ROFR and ROFO in Colorado Applicable to Select Multifamily Properties

As of August 7, 2024, owners of for-rent affordable housing properties in Colorado consisting of five units or more and owners of for-rent market-rate multifamily properties in Colorado consisting of between 15 and 100 units...more

Akerman LLP

D.C. Government Publishes Proposed Rules on Tax Abatements for Residential Conversions

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Washington D.C.’s Office of the Deputy Mayor for Planning and Economic Development (DMPED) released its proposed rules establishing how the D.C. government will implement the Housing in Downtown Tax Abatement program. A...more

Holland & Knight LLP

West Coast Real Estate Update - November 2017 #1

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The tax proposal initially released by the House Ways and Means Committee could look very different from what Congress actually approves. However, analysts have said that, if passed, certain provisions in the tax plan could...more

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