News & Analysis as of

Housing Market Regulatory Reform

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

Allen Matkins

Multifamily’s Evolution

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With the current housing shortage in California, coupled with recent regulatory changes, multifamily development is robust throughout the state. Perhaps the most consequential recent change is the reform of the California...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

Brownstein Hyatt Farber Schreck

AB 130 Places New Limitations on Building Code Updates for Residential Buildings

This is the seventh 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

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

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

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

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

Hogan Lovells

UK Mortgage Rule Review: FCA discussion paper on future of market seeks views on ‘trade-offs and risks’ that changing its rules...

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Following the FCA’s May 2025 ‘first steps’ consultation on proposals to simplify its mortgage framework via a Mortgage Rule Review (MRR), it has now published a discussion paper on the future of the mortgage market. The...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

A&O Shearman

FCA publishes discussion paper on the future of the UK mortgage market

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The UK Financial Conduct Authority (FCA) has published discussion paper DP25/2 (DP) accompanied by an updated webpage and press release, on the future of the UK mortgage market, as part of its ongoing mortgage rule review....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

Crunched Credit

You Know They Don’t Know What They’re Doing (Right?): Opportunities Abound

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With the zoftig and still mutitative Big, Beautiful Bill stumbling through an unseemly Congressional favor-trading lollapalooza, one is reminded of Ms. Pelosi’s famous quip, “We’ve got to pass this bill to know what’s in it.”...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

Hogan Lovells

The construction turbo is coming in Germany! Draft law to accelerate residential construction and provide housing

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On 18 June 2025, the German Federal Cabinet adopted a draft law to accelerate residential construction and secure housing (Schneller bauen mit dem Wohnungsbau-Turbo | Bundesregierung) in order to implement the 100-day target...more

Troutman Pepper Locke

Texas Senate Bill 840: A Game-Changer for Housing Development

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On May 28, Senate Bill 840 arrived on Texas Governor Greg Abbott’s desk after passing the Texas House and Texas Senate with bipartisan support. Authored by State Senator Bryan Hughes, the bill aims to increase the state’s...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

Polsinelli

Texas Multifamily Revolution: Governor Abbott Considers Texas Senate Bill That Could Transform Zoning for Mixed-Use Residential /...

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Introduction to Texas Senate Bill SB 840 - To combat the housing shortage in Texas, the Texas Senate introduced Bill C.S.S.B. 840 (SB 840 or the bill) in April 2025. The purpose of the bill is to streamline the conversion...more

Downey Brand LLP

Senate Bill 607 and Potential Sweeping Changes to CEQA

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This year, over fifty bills were introduced in the Legislature that directly addressed a CEQA issue. Many died in committee, or failed to make it out of their respective houses. The vast majority of those that advanced sought...more

Hogan Lovells

UK Real Estate Horizon Scanner Summer 2025

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The UK government continues to make plenty of promises in terms of reform, a rental revolution and a planning shake-up. What is coming down the line in terms of new legislation over the next few months and which are the...more

Pullman & Comley - For What It May Be Worth

Connecticut Focuses on Streamlining/Incentivizing Commercial to Residential Building Conversions

As part of an ongoing effort to address the affordable housing shortage, the Connecticut General Assembly has passed Senate Bill No. 1444 which is designed to facilitate the conversion of certain buildings to residential use....more

Allen Matkins

Sustainable Development and Land Use Update 6.5.25

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On May 29, 2025, the Supreme Court held that the National Environmental Policy Act (NEPA) — which requires federal agencies to analyze the environmental impacts of projects that they carry out, fund, or approve — does not...more

Harris Beach Murtha PLLC

Potential Impacts of the Privatization of Fannie Mae and Freddie Mac

Fannie Mae (1938) and Freddie Mac (1970) were created with the end goal of promoting homeownership across the United States. Fannie Mae and Freddie Mac, both government-sponsored entities (“GSEs”), are publicly traded and...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

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