News & Analysis as of

Housing Market Affordable Housing Rental Property

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

Jones Day

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

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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

McGuireWoods Consulting

House and Senate Begin Preparing Housing Plans

Across the country, housing costs are steadily rising due to the growing shortage of homes available to sell or rent. With new leadership in key House and Senate committees and provisions of the 2017 Tax Cuts and Jobs Act set...more

Hahn Loeser & Parks LLP

Chicago’s Tenant Opportunity to Purchase Ordinance Takes Effect on Northwest Side

The city of Chicago’s recently established Tenant Opportunity to Purchase (“TOP”) program for rental buildings on the city’s northwest side is now being enforced as of March 1, 2025, by the Department of Housing. The program...more

Hogan Lovells

Spain: Transformation of the residential market in 2025

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The Spanish government has proposed the creation of a state-owned enterprise dedicated to the promotion, development, and management of housing. This entity will oversee the entire residential real estate cycle, including...more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

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Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...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

Harris Beach Murtha PLLC

Proposal to Remove Bond Cap Could Aid Affordable Housing Developers

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The U.S. Congress is currently considering the “Accelerated Supply of Affordable Production [ASAP] Housing Act” (the “Act”), legislation to address the nationwide affordable housing shortage and surrounding real estate...more

Lerch, Early & Brewer

Rockville and Montgomery County Take Differing Approaches to Rent Stabilization

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The City of Rockville and Montgomery County are addressing affordable housing with differing approaches. Both jurisdictions took action on rent control this summer, with plans for future legislation or applicable regulations...more

Pullman & Comley - For What It May Be Worth

New Bill Requires Municipalities to Assess Affordable Housing Properties Based on Net Rental Income

The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

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New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Bilzin Sumberg

Live Local Act Rent: 2024 Limits Increased by up to 10%

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The Florida Housing Finance Corporation (“FHFC”) recently published their 2024 Income Limits and Rent Limits. These figures show up to a 10% increase in rent limits applicable to qualified Live Local Act projects throughout...more

Adler Pollock & Sheehan P.C.

The Potential of Rent Control in Rhode Island

In 2023, Providence had the largest year over year residential rent increase compared to every other major U.S. city. Rising rental rates are not isolated to the Ocean State. Median residential rent prices increased in cities...more

Lowndes

Orange County's AMI Jumps to $90,400 in 2024: What It Means for Affordable Housing

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The Department of Housing and Urban Development (HUD) recently announced the 2024 Area Median Income (AMI) and Rent Limits for counties statewide. These numbers are impactful on a number of levels, but are extremely important...more

Goulston & Storrs PC

Unlocking the Future of Build-To-Rent Housing at the Annual Build-to-Rent Forum (East)

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Goulston & Storrs participated in the 9th Annual Build-to-Rent Forum (East) that took place on March 20-21 in Nashville, Tennessee. This conference focused on the latest trends and business strategies in build-to-rent housing...more

Lowndes

Live Local Act: Proposed New Language Protects Early Applicants

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The Florida Legislature continues to modify the proposed changes to the Live Local Act (Act) through the latest version of Senate Bill 328 (SB 328), passed on February 7, 2024. For background on the original Act, see “Live...more

Lowndes

Florida Legislature Proposes Changes to Live Local Act

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The 2024 Florida Legislature is contemplating revisions to The Live Local Act (“Act”) which took effect on July 1, 2023. These changes are being considered in Senate Bill No. 328 and Florida House Bill No. 1239....more

Ballard Spahr LLP

DMV Multifamily Update

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On the multifamily front, 2024 is off to a fast start. Notwithstanding high interest rates and a challenging regulatory environment, multifamily transactions continue. As a follow-up to our most recent Alert, below are some...more

Davies Ward Phillips & Vineberg LLP

New GST Rebate for Purpose-Built Rental Property

As an incentive to builders to create more rental housing units, the federal government has announced the effective elimination of the goods and services tax (GST) payable on newly constructed rental housing, such as...more

Bilzin Sumberg

What Developers and Investors Need to Know About Florida’s Live Local Act

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Rising home prices and sustained population growth has resulted in an affordability crunch affecting many of Florida’s top housing markets. In fact, six of the nation’s hottest rental markets are in the Sunshine State....more

K&L Gates LLP

BTR Series Part 7: Residential Sector—Impacts on the Home Ownership Market and Other Sectors Such as Retirement Living

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In Part 7 of our build to rent (BTR) Series, we take a look at the current BTR market in Australia and the potential impacts of BTR developments on the residential sector....more

K&L Gates LLP

BTR Series Part 6: Residential Tenancy Benefits - What Are the Benefits to Occupants?

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It is common understanding that the Australian Government has historically resisted policy changes to reduce tax barriers to a successful build-to-rent (BTR) sector, for fear of being viewed as favouring institutional and...more

Cadwalader, Wickersham & Taft LLP

Gimme Shelter: But Cash Only, Please

A recent case addressed landlords’ refusal to accept Section 8 vouchers. The issue before the Court in People v. Commons W., 2023 N.Y. Slip Op. 23213, (N.Y. Sup. Ct. 2023) was whether New York’s source of income...more

K&L Gates LLP

BTR Series Part 4: Affordable Housing and Key Worker Housing—What Role Do These Play in the BTR Solution?

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Australia is currently experiencing a national housing affordability crisis that continually worsens. One solution to the urgent need for more social and affordable housing lies in the build to rent (BTR) model....more

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